02/08/2024

Successful Mergers and Acquisitions

What associations should know about them

Associations have seen an increase in mergers and acquisitions in recent years. From associations looking to broaden their reach to those acquiring new capabilities to expand their value propositions, associations are looking to M&A to drive greater value and social impact in today's increasingly competitive landscape.

Given this increase, associations need to ensure that there’s proper integration and cultural fit once the deal goes through.

"No matter how well you plan, some issues will arise down the road," said Pietro Macchiarella, CAE, director of the data and insights center of excellence at the Young Presidents' Organization. "But, if you build a strong culture for the associations, you can deal with anything. For example, having management from both organizations can help lower the 'us vs. them' mentality, and people are more likely to operate as a team."

Please select this link to read the complete article from Associations Now.