Cash & Liquidity Management
Published  16 MIN READ

A Tale of Two Treasuries

A Guide to Successful M&As

Mergers and acquisitions are never guaranteed success at any stage of the process. For their part, treasurers will typically face the practicalities of integration and transition, this bringing its own set of challenges. What can be done to avoid the common pitfalls and help optimise immediate and future outcomes?

As businesses increasingly look to mergers and acquisitions (M&As) to drive their growth, treasury will play an increasingly prominent role in the successful completion, integration and, ultimately, value realisation of such transactions.

Dino Nicolaides
Managing Director, Head of Treasury Advisory UK & Ireland, Redbridge Debt & Treasury Advisory

For this reason, treasury involvement should begin at the earliest stages of M&A due diligence, says Dino Nicolaides, Managing Director, Head of Treasury Advisory UK & Ireland, Redbridge Debt & Treasury Advisory. However, he notes, with treasury typically involved in deal funding, that early call to prepare the ground for unleashing synergies from a merger unfortunately seems all too often to be missed. “With business teams so focused on getting the deal done, treasury sometimes gets pushed to the margins. That’s a mistake.”