Most M&A Deals Fail to Exceed Expectations, Lack of Cultural Alignment to Blame.

From strategy to implementation, there is significant opportunity to capture more value from M&A deals, according to a survey by Grant Thornton LLP. The survey revealed that only 14 percent of all respondents feel that deals exceed their initial expectations for income or rate of return.

According to the 2018 Deal Value Curve Study, which surveyed more than 400 CEOs, managing directors, CFOs and other high-level executives, only 37 percent of respondents strongly agree that efficient M&A is a well-understood core competency of their company.

The survey found that thoroughly scrutinizing the details of transactions, well before the transaction...