Acquisition
Evaluation of alternatives to Merger
Part purchase
Technology licensing
Joint Venture
Value
Potential cost of inaction
Value of synergies
Value of the target standalone
FCF analysis
Comparable analysis
B/S analysis
Realizability
Probability
Senior management commitment
Operational (Systems & processes) diversity
Post merger integration capability
Cultural fit
Extent of restructuring
Geographical Spread/Scale
Target ownership
Time
Fit Assesment
Evaluate the target on the identified/prioritized motivations
Motivation
Identify the relevant motivational elements for the parent and prioritize
Financial
Tax incentive
transfer pricing
loss consolidation
Excess Cash
Capital restructuring
Strategic
Antitakeover for self
Diversification to reduce cyclicity
Consolidation in the industry
Backward/Forward Integration
Competetive Preemption
Cost
Eco of Scale
Resource Rationalisation
Eco of Scope
Resources
Customers
Regulatory
Favourable Location/Presence
Human Capital
IP
Channel
Brand
Segment presence
Capacity
