New Book: Deals from Hell: M&A Lessons that Rise Above the AshesPE
Haven't seent this book discussed yet but just finished it and it's exretemely insightful. First few chapters are statistical in nature, nonetheless extremely interesting on disecting what M&A failure is really about and how the historical figures on m&a success/failure have been presented.
Bruner does a great job of setting up the mindset through the first few chapters to go through 10 case studies of what he believes are the worst M&A deals done and how they failed. This is not quantitative but really gives you an understanding of the necessary variables to be considered in diligencing mergers and build-ups...
Extremely useful for PE people looking to broaden their analysis on evaluating roll-up transactions.
NOTE: THIS BOOK IS NOT TECHNICAL IN NATURE, NO VALUATION DISCUSSION OR OTHER ELEMENTARY TALK!