Building the right organization for mergers and acquisitions

An internal M&A organisation is a major driver of deal success. More companies manage M&A without financial advisers, so team skill, size and credibility matter more than ever.

Best practices are widely known but poorly applied. Skill gaps and capacity issues are common; nearly two-thirds of underperforming companies lack integration capabilities according to a 2015 survey.

The right size and capabilities depend on M&A program demands, the leadership role of the team, and the relationship with the corporate centre and business units.

Authors (source attribution on original site): Rebecca Doherty, Cristina Ferrer, Eileen Kelly Rinaudo (McKinsey).