The exploration and execution of new growth initiatives through avenues outside of the normal course of business, including:
- Mergers & Acquisitions
- Joint ventures and strategic partnerships
- Establishment of long term supply agreements with customers
- Structuring of licensing and intellectual property royalty streams
- Commercialization of products and services
Often these types of initiatives require financing, but regardless, they should always be consistent with the business plan.
Executing on Strategic Initiatives which can Revolutionize a Business
By
their
very nature Corporate Development initiatives are strategic and can significantly alter the course of a business. Properly vetted and executed, Corporate Development initiatives can in fact revolutionize a business. Consequently, this is an area that needs to be worked at the most senior levels of a business.
Complexity and Risk of Corporate Development Initiatives
Corporate Development initiatives tend to be complex for several reasons; for example, a company will often be:
Entering a new line of business, or a new geo-political or cultural environment
Developing a new and innovative structure for a business arrangement or transaction
As a result, these initiatives tend to include a web of financial, legal, tax and accounting professionals, and often also specialists in insurance, human resources, among others. Of course, as geographic lines are crossed, duplicate the above list and multiply the complexity and business risk.
Mitigating the Risks of Corporate Development Initiatives?
The rewards of success in Corporate Development clearly justify the risks, especially considering that much of the risk can be mitigated by properly vetting opportunities and not underestimating the execution and post-execution phases. These types of initiatives should never be done “on the cheap”. Short cuts can result in huge value destruction, or at the very least failure to capture the full potential up-side.
MCC Partners is experienced in executing all types of Corporate Development initiative, but what's more, MCC Partners ensures that the initiative fits with the corporate plan.
The MCC Partners approach:
Fully develop the corporate plan or ensure the initiative is consistent with the plan
Identify the ideal initiative and comb the market
Vet the opportunity against the plan, vet the plan against the opportunity
Put into place the appropriate team, internal and external, to ensure success
Identify issues, opportunities, responsibilities throughout
Maintain communication, bridge the languages of the disparate professionals to ensure all issues are properly aired and addressed
Identify value-driving activity and assign responsibility, post close, to ensue full accountability Consistent with our approach and philosophy, MCC Partners brings entrepreneurs to deal with entrepreneurs, in addition to professionals who are fully versed in a multitude of transaction types and structures around the world.
Business Planning
MCC Partners takes the long-term view with our clients. We work over time to help clients with all their needs allowing them to develop confidence and trust in us. We are not a transaction-driven advisor. MCC Partners is a partner, in it with you for the long haul.
To that end, MCC Partners will work with our clients to develop, test, adjust, or revolutionize the business plan. We bring an outside and ‘out of the box' perspective. |