Delivering on the Promise: Strategies for Successful Integration of a Newly Acquired EPC Operation
Article initially published at Velocity Quarterly
Recent news of Jacobs Engineering Group Inc. acquiring CH2M HILL Companies Ltd. for $3.27 billion has made headlines in the trade press across the country and the globe. But what happens when the media frenzy dies down?
The next chapter is integration which is far less sexy. Now, two sets of powerful leaders have to get in one boat and steer in the same direction, while middle managers find ways to see eye-to-eye, and systems and processes come under heavy strain. Acquisitions often deliver less value than expected precisely because companies fail to integrate effectively. The linked article looks at five strategies to be taken into account to set the new, combined operation on a path to success.