Merger Business Planning
If the business case made during the community benefit and efficiency study warrants moving forward, we help clients develop a true strategic merger business plan that defines the essential components of the combined organization and how it will operate.
Clients often ask us – when is the right time to develop a merger business plan – before or after the deal is closed? We believe that a business plan developed before the close of the deal will likely cause difficult issues and even hidden agendas to surface. Organizations that work through the difficult issues prior to closing and come up with a well-debated and well-thought out game plan are on their way to a successful merger.
This business plan includes a detailed description of the new organization’s future direction and addresses such issues as:
What will be the organizational structure of the new organization?
Will services be consolidated and if so, where?
How will capital priorities and allocation be established?
Are there new services to invest in?
How and when will merger efficiencies be implemented?
What is the plan for the next 3-5 years?
These initiatives often challenge participants, many of whom have likely never been part of a merger or acquisition process before. Our consultants have assisted dozens of organizations through this complex process, so you can be sure we have the knowledge, understanding, objectivity and sensitivity to guide you. Experience counts.