| Topic Name: |
M&A in Consulting Firms |
| Message Name: |
apples and oranges |
| Date Posted: |
02/16/2001 |
| In Reply To: |
Can someone please tell me why consulting firms are involved in M&A? What do they specialize in? How's the deal flow? Which consulting firms are big in M&A?
Please advise! |
| Message: |
All are but I'm afraid you have an improper view of M&A.
For instance, McKinsey will advise a board on the strategic opportunity, roughly calculate synergies and possibly facilitate first discussions. I-bank will do a much deeper valuation that will be used by the legal adviser. PwC will do the post merger organization if McK is too expensive or doesn't have the capacity for it.
This is just an example of what can happen. Consultants will charge by the week, lawyers by the hour and i-bankers in %
|
|
