My thanks to for sharing this information from Terrill Frantz who points out as he puts it - A nice 5-minute interview video of the managing director of M&A integration for Getzler Henrich & Associates LLC. Some points Dino Mauricio makes:
1) Cost savings may not be there
2) Importance of softer side of integration
3) Need a 100 day plan
4) Expect some short term results early on for shareholders
It takes a couple of minutes to get to the meat. The customer experience (maintaining relationships) and what happens to employees are specifics of the softer side. Don’t underestimate the importance of the 100 day plan. That fits with one of our five critical issues – Timing. At 1-Focus we believe that tangible benefits can be realized within the shorter term. Dino Mauricio ends his interview with revisiting the ever old issue of cultural considerations.
Consolidation in the banking industry continues at a rapid-fire pace, bringing with it an avalanche of post-merger integration challenges. The Deal newsweekly feature on Making megabanks examines how Bank of America Corp., J.P. Morgan Chase & Co. and Wells Fargo & Co. are all projecting significant synergies from their recent deals, but none have offered details on how those saving will be achieved. In this edition of Inside The Deal, Dino Mauricio, managing director of M&A integration for Getzler Henrich & Associates LLC, talks with The Deal’s Suzanne Stevens about the hurdles that lie ahead and just how long shareholders are willing to wait to see results.
Popularity: -0% [?]