M&A Synergy Models | October 2021

This M&A Master Class will focus on the specific decisions, information, and actions that will likely be required during an acquisition process. 

FACULTY

Stephen G. Morrissette, Ph.D is a Visiting Professor of Strategic Management at the University of Chicago's Booth School of Business, where he teaches Merger & Acquisition Strategy. His research includes decision models for mergers and acquisitions including "A Framework for Validating an M&A Deal Thesis" published in the Journal of Accountancy and Finance.

CURRICULUM

I. Building a synergy thesis and model

  1. Identify key value drivers in deal thesis
  2. Identify and estimate synergies in the deal thesis that drive deal value
  3. Developing and testing synergies during diligence process
  4. Determining realistic growth assumptions and risks
  5. Identifying negative / dis-synergies
  6. Estimating costs to accomplish synergies
  7. Creating a synergy model

II. Governance of the synergy model

  1. Tactics to increase accuracy and validity of synergy estimates
  2. Stress testing assumptions
  3. Identifying bias and resistance points  
  4. Defining roles and oversight for the synergy model
  5. Managing synergy driven contingent consideration 
  6. Avoiding common mistakes and pitfalls in synergy estimation

III. Executing the synergy model

  1. Developing a clear and testable synergy model
  2. How to effectively use external advisors
  3. Engaging the target’s management to estimate and realize synergies
  4. Measuring and reporting on synergy realization
  5. Knowledge capture / process refinement
  6. Technology tools to assist synergy estimation and tracking
  7. Guest Q&A: Lessons learned and insights

WHY ATTEND

By completing this M&A Master Class you will be better prepared to:

- Develop a synergy model to maximize the economic benefit of a transaction

- Properly identify the risks associated with synergy models and other post-close forecasts

- Reduce the amount of time absorbed by the synergy modeling process

- Increase your expertise and ability to add value to your company's M&A process

CLE and CPE credit will be available.

WHO SHOULD ATTEND

The curriculum is designed for public company corporate development directors, in-house M&A counsel, strategy & finance managers, and those in similar roles with 10+ years of professional experience and responsibility for M&A activities. Familiarity with M&A concepts and methods is prerequisite knowledge.

SCHEDULE

This M&A Master Class will be taught live online from 10:00am - 4:30pm CT on:

     - Exact date TBD

APPLY

Enrollment is this course is limited. Apply today for this cohort.

Members of the Transaction Advisors M&A Institute leverage the collection of knowledge at TransactionAdvisors.com and enjoy preferred access to the programs we host throughout the year. If your M&A Institute Membership is not current, we will contact you to pay your annual dues.

For questions, contact ENassar@TransactionAdvisors.com / +1 (312) 625-2702.

Tuition is nonrefundable, but if you are not able to attend we will make every effort to transfer your tuition to a future program, of similar or lesser value, for a period of one year. You may also transfer your registration to another individual within your organization, upon our approval. Additional Terms & Conditions apply.