CHF20.00
Download steht sofort bereit
Mergers & Acquisitions For Dummies (9781119543862) was previously published as Mergers & Acquisitions For Dummies (9780470385562). While this version features a new Dummies cover and design, the content is the same as the prior release and should not be considered a new or updated product.
The easy way to make smart business transactions
Are you a business owner, investor, venture capitalist, or member of a private equity firm looking to grow your business by getting involved in a merger with, or acquisition of, another company? Are you looking for a plain-English guide to how mergers and acquisitions can affect your investments? Look no further.
Mergers & Acquisitions For Dummies explains the entire process step by step--from the different types of transactions and structures to raising funds and partnering. Plus, you'll get expert advice on identifying targets, business valuation, doing due diligence, closing the purchase agreement, and integrating new employees and new ways of doing business.
Step-by-step techniques and real-world advice for making successful mergers and acquisitions
Covers international laws and regulations
How to take advantage of high-value deals
Going beyond the case studies of other books, Mergers & Acquisitions For Dummies is your one-stop reference for making business growth a success.
Klappentext
Integrate employees, policies, and procedures
The easy way to make smart business transactions Are you looking for a plain-English guide about mergers and acquisitions and how they can impact your company? Look no further. This guide illustrates the specifics on how to kick-start the process, from writing or assessing the offering document to expressing interest in doing a deal. This hands-on, friendly roadmap also delves into the world of M&A from basic terminology and decorum to the step-by-step process of how to find, negotiate, finance, and close successful deals. Inside
Zusammenfassung
Mergers & Acquisitions For Dummies (9781119543862) was previously published as Mergers & Acquisitions For Dummies (9780470385562). While this version features a new Dummies cover and design, the content is the same as the prior release and should not be considered a new or updated product.
The easy way to make smart business transactions
Are you a business owner, investor, venture capitalist, or member of a private equity firm looking to grow your business by getting involved in a merger with, or acquisition of, another company? Are you looking for a plain-English guide to how mergers and acquisitions can affect your investments? Look no further.
Mergers & Acquisitions For Dummies explains the entire process step by stepfrom the different types of transactions and structures to raising funds and partnering. Plus, you'll get expert advice on identifying targets, business valuation, doing due diligence, closing the purchase agreement, and integrating new employees and new ways of doing business.
Inhalt
Introduction 1
About This Book 1
Conventions Used in This Book 2
What You're Not to Read 3
Foolish Assumptions 3
How This Book Is Organized 4
Part 1: Mergers & Acquisitions 101 4
Part 2: Taking the First Steps to Buy or Sell a Company 4
Part 3: Starting the Deal on the Right Foot 4
Part 4: Firming Up the Deal 5
Part 5: Closing the Deal and Beyond! 5
Part 6: The Part of Tens 5
Icons Used in This Book 6
Where to Go from Here 6
Part 1: Mergers & Acquisitions 101 9
Chapter 1: The Building Blocks of Mergers and Acquisitions 11
Defining Mergers and Acquisitions 11
Introducing Important Terms and Phrases 12
Buyer 13
Seller 14
Transaction (also known as the deal) 16
Consideration 16
EBITDA 16
Adjusted EBITDA 17
Closing 17
Adhering to Basic M&A Rules and Decorum 18
Follow the steps to getting a deal done 18
Understand M&A etiquette 20
Know what to tell employees and when 20
Considering the Costs Associated with M&A 21
Tallying advisors' fees and other costs 22
Paying off debt 22
Post-closing adjustments 22
Sigh talking taxes 23
Determining What Kind of Company You Have 23
Sole proprietorship 24
Small business 25
Middle market and lower middle market company 25
Large company (and beyond) 25
Chapter 2: Getting Ready to Buy or Sell a Company 27
Considering Common Reasons to Sell 28
Retirement 28
Let someone else take the company to the next level 29
Divesting a division or product line 30
The industry is changing 31
I've got troubles, troubles, troubles 31
Selling a piece of the company 33
Planning Ahead to Ensure a Smooth Sale 35
Clean up the balance sheet 36
Pay off debt 37
Address legal issues 38
Trim staff and cut dead weight 38
Increase sales 39
Quantify owner's expenses and other add backs 39
Owner, make thyself expendable 40
Exploring Typical Reasons to Acquire 41
Make more money 41
Gain access to new products and new markets 41
Implement vertical integration 41
Take advantage of economies of scale 42
Buy out a competitor 42
Prepping before an Acquisition 42
Determine the appropriate type of acquisition 42
Get your company's balance sheet in order 42
Have the money lined up 43
Set up an acquisition chain of command 43
Buying a Company from a PE Firm 43
Understanding why PE firms sell 44
Evaluating a PE firm's portfolio company 44
Chapter 3: Previewing the Generally Accepted M&A Process 45
Take Note! The M&A Process in a Nutshell 46
Step 1: Compile a target list 46
Step 2: Make contact with the targets 46
Step 3: Send or receive a teaser or executive summary 47
Step 4: Execute a confidentiality agreement 47
Step 5: Send or review the confidential information memorandum 47
Step 6: Solicit or submit an indication of interest 48
Step 7: Conduct management meetings 48
Step 8: Write or review the letter of intent 48
Step 9: Perform due diligence 49
Step 10: Draft the purchase agreement 49
Step 11: Show up for closing 49
Step 12: Deal with post-closing adjustments and integration 49
Exploring Two Types of M&A Processes: Auction versus Negotiation 50
Who Has It Easier, Buyer or Seller? 51
Selling is easy if you know what you're doing 51 Buying is difficult even if you know what you're d...