


A New M&A Cycle, An Old Problem
The evidence is pouring in. M&A activity is bouncing along again. Just in the last three days I read these stories in the WSJ and Boston Globe. Health-care companies undertook $321 billion of acquisitions last year, more than double the $115 billion in 2013...
The Acquirer’s Playbook – 10 Mistakes That Prove Fatal
The M&A market is hot again with around $1 trillion of deals announced already this year. That would put us on track for the second highest year in history behind 2007 (recent WSJ article). The article summarized why acquisitions are so compelling for US...
The Catch 22 of Scaling
Scaling is Growth with CAPS – Control, Alignment, Predictability and Safety. Or in order of importance: Alignment, Control, Predictability and therefore Safety. But that doesn’t make a great mnemonic! But here is the problem. Most private businesses can’t scale...