Mergers and acquisitions are increasingly becoming the preferred route for companies looking to rapidly grow their footprint in terms of market size and employee base. Yet, oftentimes mergers are not successful in creating the desired value. They impact business cycles and cause disruptions and upheavals in the personal and professional lives of employees.
The reasons for failed mergers range from flawed strategies, exit of key personnel to conflicting cultures. Second Avenue is experienced in formulating strategy for pre- and post-merger integration by bringing greater synergies between the combining organizations. We bring valuable insights in balancing perceptions and expectations and managing people issues. We bring the necessary process rigor in our approach to create a coherent vision and build a cohesive culture, thus paving the way to implement the new corporate strategy and realize the benefits of the acquisition.