For a successful M&A transaction, the essential resources are finance, time, data and expert advice.
1. Finance - Of course you need the monetary resource to fund the deal, but you also need working capital to be able to run the combined company.
2. Time - M&A transactions can be highly complex and can’t be rushed. You need to be able to allocate sufficient time to the process.
3. Data - In-depth collection and analysis of information on the companies, the market and the economy is vitally important.
4. Expert advice - M&A deals aren’t part of most people’s day-to-day expertise. You need the right regulatory and legal advice to help you through the process and to make sure you get it right.