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10 Things Procurement Needs to Know About Mergers, Acquisitions, and Divestments
Despite continued geopolitical instability and economic headwinds, growth opportunities still abound and CEOs remain optimistic. M&A activity is expected to remain high for the next three years, and yet, high interest rates and borrowing costs will factor into each deal.
Procurement’s potential role in integrations and separations is often overlooked despite numerous opportunities to ‘sweeten the deal.’ Sidelining procurement during acquisitions and divestitures may mean missing out on opportunities for deal upside and value acceleration.
Art of Procurement was recently joined by Chris McCarney, Principal, Procurement and Outsourcing Advisory, and Marcos Cortes, Managing Director, HCLS Strategy, from KPMG, LLP. They shared ten things procurement needs to know about these deals based upon their combined expertise in procurement and mergers, acquisitions, and divestments.
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