REALITY CHECK
The TABOO in the M&A industry.
Statistics show that within 18 months of a so-called successful completion of an M&A transaction, the majority of deals result in significant shareholder’s value destruction, resulting in failure. The "successful closing" is often a deferred failure, both economic and human.
70%
FINANCIAL DESTRUCTION
Studies consistently show that most M&A transactions fail to achieve their cost of capital or result in massive goodwill write-downs within two years.
30%
TALENT EXODUS
On average, 30% of key management leaves within the first year. When they walk out the door, they take the institutional knowledge with them.
#1
CULTURAL COLLISION
#1 cited reason for deal failure is not price or strategy, but incompatible cultures. Yet, this is the factor most ignored during the standard M&A process.
TRAPS OF THE STANDARD M&A PROCESS
This standard M&A process leads to failures on both side of the negotiation table:
BUYER’S CURSE
Buyers are pushed to overpay in a bidding war where the price exceeds the operational reality. To justify the overpayment, buyers assumes value can be extracted through straightforward synergies and imposes cost-cutting.
Because many factors were ignored during due diligence, the new owners lack an understanding of the firm’s internal logic and slash the muscle along with the fat. Within 18 months, the company loses the very capacity that made it successful.
SELLER’S REMORSE
Sellers are pushed to optimize for the 'Exit,' focusing on completion and securing the highest price while being blind to the fact that the process should be about a Transmission.
After the closing, Sellers are left with the money, but it is a 'Poisoned Check,' as they are also left with the permanent regret of witnessing the dismantling of their life’s work from the sidelines.
OUR APPROACH
The M&A Boutique Founded To Protect Legacies.
Glenshore pioneered the responsible approach in the M&A industry 10 years ago. This is how we built our reputation. We work with business leaders who have a profound desire to see companies end up in the right hands.
BOUTIQUE INVESTMENT BANK
Unlike volume-based banks, we focus on a restricted number of complex operations. Your mandate is handled directly by senior partners, not handed off.
PRINCIPLED ADVISORS
We serve business leaders who want to make M&A decisions responsibly. Our team has counselled CEOs of large corporations, founders of start-ups, and Private Equity firms globally on high-stakes projects.
OUR M&A PLAYBOOK
To ensure the sustainability of the transaction, we have replaced the standard banking playbook with a methodology designed to align financial success with industrial continuity.
TRANSMISSION MINDSET
Whether we are helping you sell or buy, we refuse to look at a company merely as a financial asset. We go far beyond the numbers to ask the hard questions and capture the company’s DNA. We make the intangible visible so it can be truly valued and protected. This depth is reflected in how we handle Due Diligence, how we craft the Narrative, and how we treat proposals. Our objective is not to engineer a bidding war on price, but to complete the transaction with the best project for the company.
GLOBAL OPTIONS
While the industry standard is to stick to a local or Continental search, we go Worldwide. We leverage our footprint in key financial hubs to cast a wider net. Why? Because we want Strategic Optionality and maximum leverage for negotiation. We don't just look for a buyer or target; we look for the right strategic fit.
ALIGNED COMPENSATION
We align our compensation with our principles. Most bankers are paid a percentage of the final price. This creates a conflict of interest: they are incentivized to push you toward the highest price, even if they know the deal is unsustainable for the company's economic reality. Because we operate differently, we charge differently. We charge a fixed completion fee, including a discretionary component based on your satisfaction with the outcome.
OUR SERVICES
BUY SIDE. SELL SIDE. DEALMAKERS ON YOUR SIDE.
Whether your ambition is to grow your business further or sell your company, our expert team of financial and industry advisors is on your side to support you with the relevant types of corporate finance and business development transactions to pursue, based on your objectives and strategy. We assist you to find a buyer to sell your company, find an investor to raise equity or debt capital, find international clients to boost your revenue, or target companies to acquire or merge with and benefit from synergies and additional capabilities.
WHO WE SERVE
Private and Public Firms
Private Equity and Venture Capital
Governments
GROWTH STRATEGY
Mergers and Acquisitions (M&A)
LBO, MBO and Capital Raises
International Revenue Expansion
EXIT STRATEGY
Trade Sales
Spinoffs
Carve-Outs
Your M&A PROJECT in EXPERIENCED hands.
As your trusted advisors, we run the transaction process discreetly for you and provide careful and focused end-to-end deal process management on each engagement, covering all of the requirements to make a successful deal and maximise your objectives.
Phase 1
STRATEGY
Company analysis and preparation of materials
Phase 2
OUTREACH
Confidential approach
to other business leaders
Phase 3
AUCTION
Due diligence and
assessment of proposals
Finish Line
CLOSING
Negotiation of Sales and
Purchase Agreement
SUCCESS STORIES
SOME OF THE COMPANIES THAT HAVE TRUSTED OUR ADVISORS.
Our advisors have successfully worked on a wide range of transactions across sectors, countries, and deal sizes. Our next success story could be yours.
Project: Acquisition
Sector: Technology
Countries: USA / Europe
Project: Exit
Sector: Telecommunication
Countries: USA / Europe
Project: Merger and Exits
Sector: Retail
Countries: Europe
Project: Acquisition
Sector: Services
Countries: Switzerland / Russia
Project: Exit
Sector: Media
Countries: USA / Europe
Project: Exit and Capital Raise
Sector: Fashion
Countries: USA / Europe / Asia
Project: Acquisition
Sector: TV Broadcasting
Countries: Europe / USA
Project: LBO Acquisition
Sector: Consumer Goods
Countries: France, Switzerland
Project: Capital Raise
Sector: Chemicals
Countries: China / Europe
Project: Acquisition
Sector: Technology
Countries: UK
Project: Acquisition
Sector: Media
Countries: USA / Russia
Project: Acquisition
Sector: Media
Countries: UK / Russia
Project: Exit
Sector: Retail
Countries: UK / Poland
Project: Strategic Advisory
Sector: Fossil Energy
Countries: Norway / Nether.
Project: Acquisitions
Sector: Fossil Energy
Countries: USA / Europe
Project: Strategic Advisory
Sector: Fossil Energy
Countries: Denmark / UK
Assignments mentioned above were performed over the course of the team members’ careers.
