Making the Business Marriage Work

April 23, 2013

Shared values are key to any successful business merger or acquisition

Can you imagine spending millions of dollars to buy a valuable business and then dismantling it so that its value disappeared?

Unfortunately, this scenario isn't all that uncommon in the world of acquisitions and mergers. Before becoming a business consultant several years ago, I lived through this exact situation as a vice president with a highly successful community business bank. It was a dream job with a talented team of people growing a business that really cared about its customers, its employees, and contributing to the community. We were a "relationship bank," and everything we did focused on helping our business clients grow and prosper, which in turn helped our bank to grow and prosper.