M&A: A Practical Guide to Doing the Deal

By Jeffrey C. Hooke

Book Overview

The comprehensive M&A guide, updated to reflect the latest changes in the M&A environment M&A, Second Edition provides a practical primer on mergers and acquisitions for a broad base of individuals numbering in the hundreds of thousands: Investment bankers involved with mergers and acquisitions (M&A). Equity analysts at hedge funds, risk arbitrage funds, pension funds, and banks, who invest in firms engaged in M&A. Private equity professionals at buyout funds, venture capital funds, and hedge funds, who routinely buy and sell companies. Corporate executives and business development professionals. Institutional loan officers working with M&A and buyout transactions. Business students at colleges and graduate business schools. Investor relations professionals at corporations and public relations firms. Lawyers who work with corporate clients on M&A-related legal, financial, and tax matters. Independent public accounting firms that review M&A accounting. Government regulators Sophisticated individual investors Its comprehensive approach covers each step in the process, from finding an opportunity, to analyzing the potential, to closing the deal, with new coverage of private equity funds and international transactions. This updated second edition also includes information on emerging markets, natural resource valuation, hostile takeovers, special deals, and more, plus new examples and anecdotes taken from more current events. Additional illustrations and charts help readers quickly grasp the complex information, providing a complete reference easily accessible by anyone involved in M&A. The mergers and acquisitions environment has changed in the thirteen years since M&A was initially published, creating a tremendous need for authoritative M&A guidance from a banker's perspective. This M&A update fills that need by providing the characteristic expert guidance in clear, concise language, complete with the most up-to-date information. Discover where M&A fits into different corporate growth strategies, and the unique merits it confers Delineate clear metrics for determining risk, valuation, and optimal size of potential acquisitions Gain deeper insight into the fundamentals of negotiation, due diligence, and structuring Understand the best time to sell, the best way to sell, and the process of the sale itself In the past decade, the dollar value of M&A deals has jumped ten-fold, and the number of individuals involved has expanded considerably. More and more executives, analysts, and bankers need to get up-to-date on the mechanics of M&A, without wading through volume after volume of dense, legalistic jargon. Finally, M&A is back - providing a complete reference to the current state of the M&A environment.

• Format: Hardcover
• Language: English
• ISBN: 1118816994
• ISBN13: 9781118816998
• Release Date: December 2014
• Publisher: Wiley
• Length: 224 Pages
• Weight: 0.85 lbs.
• Dimensions: 0.8" x 6.1" x 9.0"

Customer Reviews

Need To Get Up To Speed On M & A? Buy This Book.

This is the first, best, and only choice for those interested in a thorough and easy to understand introduction into mergers & acquisitions. It is particularly well-suited to senior executives of middle-market companies, first-year M & A analysts, and MBA candidates. Of course, for senior M & A advisors, Hooke's book is also the perfect "leave behind" to educate prospective clients on the entire M & A process.However, if I had the opportunity to extend a single suggestion to Jeffrey Hooke for future editions, it would be: Have a new cover designed which more fully reflects the level of quality and excitement of the text!!!

Terrific review of M & A process

I'm a CFO of a middle market company in Chicago, and I bought the book after a friend suggested it. My firm is trying to grow through acquisition, and the book explained many of the concepts well with examples. Hooke was an investment banker for 10 years, so he has a good real world view.

Terrific and practical summary of doing M & A deals!

This book is a terrific primer to tell the reader how to design a strategy to grow his company by acquisition, to find companies to buy, how to price the deals, how to crunch the numbers so the buyer isn't paying to much and how to negotiate to close the deal. Hooke really gives the benefit of his experience at Lehman Brothers and Schroders. The book was like listening to an investment banker give me a personal lecture on what to look out for when considering an M & A deal. So many of the bankers I talk to are less than straightforward, and the book really added to my knowledge of how this specialized market operates.The last few chapters cover some specialized areas like LBO's and consolidations and roll-ups. Hooke addresses these subject matters in a practical way that I haven't seen elsewhere. The book is really worth the investment.

Well written

Excellent for explaining the practical side of the business. Has enough examples to give you a first cut at understanding M & A. Not a great valuation book, but then it doesn't profess to be.