Mergers & acquisitions planning and management: multinational specialty pharmaceuticals provider

Challenge:

Client needed M&A strategy, integration leadership, and a plan to drive technical enablement of the new acquisition.

Existing challenges included:

• No comprehensive Mergers and Acquisitions (M&A) program with clear ownership, accountability, and defined roles and responsibilities
• No identification of strategy, risks or determination of what processes and systems are most critical to the business during M&A
• Plans were not standardized or executable and did not represent the entire Business.
• Lack of ability to identify, mitigate and respond to business disruptions

How Mazars helped:

We assembled a team of skilled M&A professionals who were experienced in planning and management, IT process integration, and transition services.

Solution:

• Supported diligence efforts to identify IT issues that impacted quality of potential investment
• Conducted source-to-target system mapping and requirements
• Reviewed asset purchase (APA) and transfer services (TSA) agreements
• Worked with other functional team leads to develop cross-functional integration plans
• Helped the business establish templates to better communicate requirements to sellers
• Developed a comprehensive IT M&A Playbook that established a standard and scalable approach, along with supporting tools and templates to support future M&A activity

Result:

• Successfully integrated all IT people, process, and technology resources successfully
• Enabled a much closer and collaborative working relationship with IT and business than previously established
• Establish IT as a value-add strategic partner for integration planning
• Better enabled IT to rapidly respond to requests for future M&A transaction support in a consistent way with proven tools and templates.