Nick Smith, our Acquisitions Director and Investor Relations Officer, outlines the key points for businesses considering an acquisition as a route to growth:
Step 1 – Gaining the Competeitve Edge
There are common themes behind the slow pace of growth affecting some of the UK’s most successful businesses.
Sometimes it’s finding that competitive edge in taking on their rivals and increasing market share. Sometimes they have a dominant position but lack the product development that will offer something fresh to existing customers, and attract new ones.
A solution to these, and other scenarios, can be to acquire a competitor or complementary business. This is by no means a simple fix. To successfully acquire is one thing, to successfully integrate and manage through to a successful combination, is another.
