| Topic Name: |
M&A in Consulting Firms |
| Message Name: |
Bain & LEK |
| Date Posted: |
03/22/2001 |
| In Reply To: |
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 %
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| Message: |
Other than Bain and LEK, I don't think most consulting firms spend much time in this area.
Monitor and McKinsey do a little... and with the notable exception of the Big5 accounting firms who do the detailed tax and IT integration.
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