To Merge or Not to Merge? That is the Question!

We've worked with numerous firms over the past several years on this question, and our advice is often the same:

• Bigger is not always better.
• The combination should be thoughtful and strategic.
• The sum of the parts should be greater than before.
• Cultural compatibility is paramount.
• Think long and hard before you act, because undoing a bad deal is expensive and can get very ugly.