We pride ourselves on delivering on your business objectives - producing measurable outcomes that impact your bottom line. We help clients idenitfy risks during due diligence, integrate all business operations and technology efficiently and seamlessly and realize the synergies that drove the deal in the first place.
Today’s banks face unprecedented pressure to accelerate growth - primarily via mergers and acquisitions. But, M&A also increase risks—not the least of which is negative impact to current and acquired customers. Financial institutions must be able to assess and understand the operational challenges of consolidating institutions following a transaction. Successful transactions begin with identifying and anticipating the opportunities and challenges that lie ahead. They also require the ability to piece it all together into a comprehensive, achievable plan in order to increase customer assets.
How can our experience position you to capitalize on opportunities of a consolidating marketplace?
Banks involved in M&A are living in a volatile, uncertain, complex and ambiguous world. Transactions, no matter the size, are extremely disruptive to the existing business. Realizing operational synergy can be difficult. There is risk in retaining acquired customers, and a lack of organizational capacity can dilute focus on day-to-day operations. Successful conversion is not the end of the M&A lifecycle – rather, it is the beginning of value capture. At West Monroe Partners we provide the requisite banking industry experience, a tailored banking M&A methodology, and the ability to partner with our clients from the executive leadership level down to the 80+ line of business operational and technology decisions that need to be integrated over the course of a transaction.
In addition, we have created a 250 page playbook that encompasses the entire M&A lifecycle specific to banks. It reviews common strategies, including:
- Expand into new markets
- Increase share in existing markets
- Acquire new product portfolios and expertise
- Expand/enhance an existing product portfolio and build depth in an area of current expertise
- Grow to achieve economies of scale
We work with you to develop a strategy and roadmap to help you succeed. The ideal partner is one who has completed the process before, preferably multiple times. West Monroe’s Banking practice applies substantial experience gained through hundreds of transactions and integration programs, helping the acquiring bank understand and plan for the critical steps involved, assuring the transaction will deliver the anticipated benefits. Our consultants, most of which are former banking industry professionals, are experienced in every step of the M&A cycle.
Why West Monroe Partners?
We help our business partners realize powerful change through world class business consulting and technical execution.
- Holistic Solutions: Blend industry, functional, and technical expertise to drive strategy, manage execution, and deliver results.
- Scalable Service: Serve the needs of Fortune 500 clients as well as more nimble, middle‐market clients.
- Talent: We are a home for consultants with tenure at ‘Big 4’ firms and cultivate talent by our ‘people first’ values and focus on innovation.
That’s business in the right direction.