Procurement is critical during mergers, acquisitions, and divestments, for deal upside and speed – only if they are brought in early
The Art of Procurement, a leading content firm recently met with two KPMG procurement leaders: Chris McCarney, Principal, Procurement and Outsourcing Advisory, and Marcos Cortes, Managing Director, HCLS Strategy.
Their wide-ranging conversation broke down everything procurement professionals need to know about the state of their profession and the increasing value they bring across an organization – especially when it comes to mergers, acquisitions, and divestments.
With Mergers & Acquisitions (M & A) activity expected to remain high through 2025, and high interest rates and borrowing costs likely to be a recurring factor, it will be critical to extract the full value from each deal. After the deal team is assembled, what’s often overlooked is how a company’s supply base can influence their profitability and risk. By sidelining procurement during acquisitions and divestitures, companies run the risk of missing out on real opportunities for deal upside and value acceleration
From the reasons why procurement-related synergies often represent a significant percentage of anticipated deal value to the questions to ask before a deal is done, it’s all covered by Art of Procurement and KPMG leadership. To see the full list of the “10 Things Procurement Needs to Know About Mergers, Acquisitions, and Divestments, please download this paper.