July 2010

McNally Quoted in Insight Magazine, "7 Steps to M&A Success"

Thumbnail image for Blackman_McNally.jpgPat McNally, Partner in Charge of Blackman Kallick's Corporate Finance Consulting Practice, is quoted in the August 2010 issue of the Illinois CPA Society's Insight Magazine. The article, "7 Steps to M&A Success," is a how-to guide for avoiding common M&A mistakes and taking advantage of opportunities. An excerpt from the article is below.

"The foundation of any decision to go the M&A route should first be based on how it aligns with a company’s overall mission and structure, Pat McNally, partner-incharge, Corporate Finance Consulting at Blackman Kallick, emphasizes. “Understand what your business is about, and then you need to understand what your options are,” he notes, suggesting that executives research both organic and inorganic strategies, and compare them side by side. “It’s being prepared upfront and understanding why it is you want to do it. Make sure you are committed to an acquisition because you will spend a lot of resources and money on the process.”

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