Due Diligence: An M&A Value Creation Approach (Wiley Finance) [Hardcover]

William J. Gole (Author), Paul J. Hilger (Author)

Book Description

Publication Date: August 3, 2009 | Series: Wiley Finance (Book 476)

This nuts-and-bolts guide examines all aspects of an M&A due diligence--from coming to the decision to acquire a company, to who should be on the due diligence team, to the actual process and the final report and post-closing follow up. It advocates a focus on both risk mitigation and shareholder value creation, and emphasizes a holistic approach that spans from planning to post-acquisition integration. The tentative contents is: (1) Introduction; (2) Planning for value creation: growth strategy; (3) Engagement and pursuit; (4) Preparing for due diligence; (5) Validation of value: performing due diligence; (6) Assessment of due diligence results; (7) Optimizing value: post diligence negotiation; (8) Extracting value: post-transaction integration.

Editorial Reviews

Review

"The authors of this book offer what they call a holistic approach to the due diligence aspects of corporate mergers and acquisitions. Although the authors briefly point to legal considerations in the M&A process, this is not a legal title. It was written by CPAs to provide practical guidance to due diligence activities. The authors accomplish this goal therefore the book would be more approporiate for an undergraduate or graduate business library than an academic law library." (Legal Information Alert, Vol 29, No 3)

From the Inside Flap

In today's uncertain economic climate, determining the potential for a prospective merger or acquisition to create shareholder value, and then delivering on that promise, is more critical than ever.

In one comprehensive volume, Due Diligence offers a synthesis of practical guidance that spans the entire acquisition process from strategic planning, candidate pursuit, target evaluation, contract negotiation, through post-acquisition integration. Written by William Gole and Paul Hilger—recognized experts in the field of M&A—this important resource outlines a proven approach to performing due diligence with an eye toward optimizing shareholder value.

The authors emphasize a broad approach to merger and acquisition due diligence and focus on points throughout the entire transaction when a deal presents either downside risk or an opportunity to create value. Offering a step-by-step approach to the due diligence process, Gole and Hilger emphasize the following principles:

• Holistic Due Diligence: A cross-transactional perspective of risks and opportunities that spans the entire process
• Sound Strategic Framework: A disciplined growth strategy that guides the search for suitable acquisition targets
• Purposeful Behavior: Alignment of the acquirer¿s actions before, during, and following the close of the transaction with its value creation and risk mitigation objectives
• Explicit Planning to Create Value: An investor mind-set that focuses on the creation of value for the acquirer

Any CFO, CEO, controller, director of finance, or business manager involved in a merger or acquisition will find this book to be a timely guide for ensuring productive results.

See all Editorial Reviews

Product Details

• Hardcover: 281 pages
• Publisher: Wiley; 1 edition (August 3, 2009)
• Language: English
• ISBN-10: 0470375906
• ISBN-13: 978-0470375907
• Product Dimensions: 9.2 x 6.2 x 1.1 inches
• Shipping Weight: 1.1 pounds (View shipping rates and policies)
• Average Customer Review: 5.0 out of 5 stars  See all reviews (1 customer review)
• Amazon Best Sellers Rank: #1,438,880 in Books (See Top 100 in Books)

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Customer Reviews

Most Helpful Customer Reviews

5.0 out of 5 stars Due Diligence, December 23, 2010

A Kid's Review

This review is from: Due Diligence: An M&A Value Creation Approach (Wiley Finance) (Hardcover)

Great Book! If you want to learn more about due diligence you should read Due Diligence for the Financial Professional by L. Burke Files. It is a well written guide to the thought process and not just another book of mindless check lists.

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