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Doing the right deals

Why capabilities are more important than ever for M&A

As leaders aim to forge new equations for growth by pursuing corporate acquisitions, what can they do to ensure their investments create sustained value? PwC and Strategy& examined 800 deals through a capabilities lens, including the 50 largest acquisitions across 16 different sectors completed over the past decade.

The results reveal one factor that plays a pivotal role in successful M&A activities: capability-driven deals outperform the market by, on average, 3.3% while limited-fit deals underperform by -10.9% - a difference of 14.2 percentage points in annual total shareholder return.

Register and discover our five recommendations to maximize value from deals.

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Doing the right deals

Doing the right deals

Why capabilities are more important than ever for M&A

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