BusinessCorporate FinanceMid-market deals don’t deliver

Mid-market deals don’t deliver

Underperforming management to blame says Grant Thornton

Nearly all of mid-market management buy-outs fail to fully deliver on their
pre-deal expectations, according to research conducted by Grant Thornton’s
operations and post-deal services team.

The firm found this to be the case in 96% of mid-market MBOs with the
appointment of underperforming management cited as the most common factor
contributing to a deal not delivering its long-term potential.

‘It is not hard to see why management due diligence is growing in
popularity,” said Grant Thornton partner David Axon.

He said the problem is that it is impossible to provide guarantees that
management can deliver the business plan.

Related Articles

Grant Thornton recruits new corporate finance partner

Accounting Firms Grant Thornton recruits new corporate finance partner

9m Emma Smith, Managing Editor
Total fraud value at £2bn five-year high, finds BDO

Accounting Firms Total fraud value at £2bn five-year high, finds BDO

9m Stephanie Wix, Writer
MHA MacIntyre Hudson appoints corporate finance director

Accounting Firms MHA MacIntyre Hudson appoints corporate finance director

9m Stephanie Wix, Writer
Tax avoidance crackdown sees 80% jump in additional HMRC revenue

Accounting Firms Tax avoidance crackdown sees 80% jump in additional HMRC revenue

9m Stephanie Wix, Writer
Making Tax Digital: the "unexpected item in the bagging area"

Accounting Standards Making Tax Digital: the "unexpected item in the bagging area"

9m Stephanie Wix, Writer
Tyrie on Finance Bill 2017: ‘Making Tax Policy Better’

Consulting Tyrie on Finance Bill 2017: ‘Making Tax Policy Better’

9m Stephanie Wix, Writer
KPMG announces senior partner promotion in Newcastle

Accounting Firms KPMG announces senior partner promotion in Newcastle

9m Stephanie Wix, Writer
Independent city firm reports 70% growth

Accounting Firms Independent city firm reports 70% growth

9m Stephanie Wix, Writer