Over the past year, the M&A market reached unprecedented heights, with more and bigger deals
Washington, DC (PRWEB) January 4, 2008
M&A advisory firm Virtual Strategies of Washington, DC has changed its name to Capstone. Along with a new tagline, "The Growth Engineers", the change marks the evolution of the firm's acquisition consulting services in the 12 years since its establishment, according to Capstone's founder and CEO, David Braun.
"Over the past year, the M&A market reached unprecedented heights, with more and bigger deals," said Braun. "Our new face comes at a time when companies that are looking to grow are, more than ever, choosing to do it externally."
Despite the record year, a continuation of the current boom in the M&A market is uncertain. The second half of 2007 saw a significant decrease in the amount and volume of deals as the credit crunch reigned in private equity groups.
"The unrest in the credit market has put a bit of a damper on acquisition activity, particularly involving private equity," remarked Braun. "This is all the more reason to make sure that when companies look to grow externally, they do so in a structured way. At Capstone, we preach process again and again."
Still, says Braun, corporate M&A activity remained strong, which he expects to continue in 2008. It is his belief that Capstone's experience and success advising companies large and small in the face of the turbulent M&A market at the beginning of the decade will serve the firm well now.
"Historically, 77 percent of acquisitions fail to meet the return on investment," Braun said. "Generally it is because they lack one or more of the key ingredients to a successful acquisition: strategy, system and passion. Our focus on these three areas in every project we undertake has helped us buck the trend for acquisition failure."
To learn more about Capstone, please call 202-776-0500 or visit Capstone's website.
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