M&A across three worlds: Large-cap, aggregators, private equity
Mergers and acquisitions absorb enormous amounts of capital and management attention, and most large deals still fail to deliver the value their architects promised. What separates the transactions that work from those that do not usually sits outside the valuation model: who is buying and why, what the buyer’s own economics demand, and how much of the promised value survives the years after closing. Over this four-part series discover how leading organisations approach M&A, from executing public company transactions to building acquisition-led growth and creating value in private equity.
You will:
- Understand what drives M&A and why many deals fail
- Examine how different buyer economics shape pricing, strategy and returns
- Analyse landmark transactions from deal execution through to integration and exit
This in-person session
Most large deals fail to deliver the value promised at announcement, and the reasons rarely sit in the valuation model. This panel brings together practitioners who buy companies for very different reasons - large public acquirers, companies that acquire as a matter of routine, and financial sponsors working against a fixed fund life - to compare how each decides what a business is worth, what it will pay, and what has to happen after closing.
Speakers:
Federico Mennuni, CFA, Founding Partner Empiriant
Andrea Lisi, Director Corporate Development team, Finastra
Find the other sessions in the series here:
M&A pathway: M&A primer and large-cap case study
M&A pathway: M&A as a growth engine - Lessons from serial acquirers and strategic buyers
M&A pathway: PE M&A - The sponsor’s logic