Methodology: Every two weeks we collect most relevant posts on LinkedIn for selected topics and create an overall summary only based on these posts. If you´re interested in the single posts behind, you can find them here: https://linktr.ee/thomasallgeyer. Have a great read!

Valuation & Multiples

  • Valuation precision emerged as a core theme, with experts urging a shift from distorted P/E ratios to EV/EBITDA for more reliable deal assessments

  • Average multiples were deemed misleading, with quartile-based benchmarks recommended to provide stronger guidance during negotiations

  • High net revenue retention was highlighted as a compounding driver of valuation premiums, reducing investor risk while amplifying growth prospects

  • Misaligned business structures were identified as a frequent source of undervaluation, stressing the importance of aligning financial frameworks before entering transactions

  • Calls for rigorous valuations over appraisals underscored the need for defensibility under both investor scrutiny and regulatory review

Deal Preparation & Integration

  • Pre-deal close planning was flagged as a neglected success factor, critical to ensuring speed and effectiveness of integration

  • Healthcare transactions revealed that reliance on standardized integration checklists often fails, requiring tailored strategies to realize transformative value

  • Broader reflections suggested that disciplined integration execution remains the defining factor in determining whether deal value is captured or lost

Governance & Human Factors

  • Cultural alignment, leadership stability, and trust were presented as decisive variables for post-deal success beyond financial metrics

  • Power vacuums in post-merger structures were seen as governance challenges that require proactive leadership action to avoid operational drift

Sector-Specific Insights

  • Healthcare M&A integration strategies were criticized for their over-reliance on playbooks, with a push for more nuanced, strategic tailoring

  • The planned Union Pacific and Norfolk Southern merger was framed as a test case in strategic design, signaling potential large-scale transformation in rail infrastructure consolidation

Digital & Technology in M&A

  • Technology-driven acquisitions were positioned as capability accelerators, valued for their role in enabling digital transformation rather than near-term revenue gains

  • Digitizing market context was presented as a way to strengthen valuation narratives, equipping CEOs and investors with more robust deal justification

  • Advisory contracts were advised to include protective clauses to safeguard success fees, preventing circumvention and ensuring continuity of advisor engagement

Want to see the posts voices behind this summary?

This week’s roundup (CW 33/ 34) brings you the Best of LinkedIn on M&A:

→ 74 handpicked posts that cut through the noise

→ 54 fresh voices worth following

→ 1 deep dive you don’t want to miss

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