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Merger and acquisition (M&A) transactions are complex endeavors involving various legal, financial, and operational considerations. Among these considerations, labor and employment law and regulations play a crucial role in ensuring a smooth transition for both employers and employees. Whether it’s an asset purchase, a stock purchase, a merger, or another form of M&A deal, understanding […]
The current circumstances around healthcare are forcing hospitals to take a hard look at consolidation, maybe more than ever before. Matt Heywood, CEO of Aspirus Health, is aware of that as much as anyone as the leader of a health system that just closed its own merger. Earlier this month, the Wausau, Wisconsin-based operator combined with Duluth, Minnesota-based St. […]
The company I work for was recently acquired and merged with another organization. Mergers and acquisitions (M&As) are becoming increasingly common. In 2022 alone, there were over 1,800 M&As of enterprise software companies—up by 8% the year prior. M&As can be stressful and uncertain, and your team will undoubtedly have questions and concerns. But thankfully, […]
Mergers and acquisitions bring lots of financial opportunity, but they can sometimes result in upheaval in the workforce as the new entity determines whether it will operate the business differently from its predecessor. If the new business decides to change the workforce, how should it make those decisions? A recent appeals court opinion sheds some […]
In Frankenstein, Mary Shelley said, “Nothing is so painful to the human mind as a great and sudden change.” Ask any HR professional about the last merger, acquisition, or divestiture he or she conducted, and you’ll hear the same thing: Large-scale changes create uncertainty; trust issues; and, as one professional put it, “People issues out […]
For business owners and executives, mergers and acquisitions (M&As) can be an exciting time to achieve rapid growth and even smash goals that otherwise would have been unattainable.
When an organization is involved in a merger or an acquisition, the entire situation can be distressing for everyone. Suspicions run high in both organizations, and even the best-running company culture can run aground during those difficult times. I recently spoke with Jill Penrose, Senior Vice President of Human Resources at The J.M. Smucker Company, […]
HR has a significant role to play in helping to ensure a merger is effective. Talent management and cultural issues have the power to support or derail virtually any corporate marriage. Employees are understandably wary when organizations announce a merger; left unchecked, suspicion, misinformation, and layoff fears can delay the anticipated benefits of a merger […]
During mergers and acquisitions (M&A), one aspect of the transaction that is often overlooked is an effective communications strategy to the audience most responsible for a company’s success: its employees. According to a recent report published by Deloitte, 75% of corporate executives and private equity investors expect M&A activity to increase in 2017, both in quantity of transactions as well as deal size.
The greatest pain points for companies going through a merger or acquisition (M&A) are meshing technology and staff, recent research shows. In the Robert Half Management Resources survey, Chief Financial Officers report business systems and employees and corporate culture are the hardest parts of an integration and where the most mistakes are made. “The time, […]