It has been estimated that 60% of all acquisitions fail to produce a return on investment.. Other estimates go as high as 80%. So it is surely worth considering just why acquisitions go wrong. This article explores some of the reasons acquisitions go wrong.
Acquiring the Wrong Target at the Wrong Time in the Wrong Deal
Markets [...]
Entries from July 2009
Why Acquisitions Go Wrong
July 30th, 2009 · No Comments
Tags: Growing Your Business with Acquisitions
ScottsMiracle-Gro Announces Record Third Quarter Sales and Profit as Consumers Remain Highly Engaged in Lawn & Garden
July 29th, 2009 · 1 Comment
- Company-wide sales increase 9%; up 16% in Global Consumer segment
- Consumer purchases in the U.S. increase 19% in third quarter
- Company-wide adjusted gross margin rate improves 210 basis points
- Company re-affirms full year adjusted EPS guidance of $2.35 to $2.45
MARYSVILLE, Ohio, July 29 /PRNewswire-FirstCall/ — The Scotts Miracle-Gro Company (NYSE: SMG), the world’s [...]
Tags: Industry Press
Rollins, Inc. Reports Second Quarter 2009 Financial Results – 13th Consecutive Quarter of Improved Earnings Results
July 29th, 2009 · No Comments
ATLANTA, July 29 /PRNewswire-FirstCall/ — Rollins, Inc. (NYSE: ROL), a premier North American consumer and commercial services company, today reported unaudited financial results for its second quarter ended June 30, 2009. Revenues for the second quarter of 2009 were flat at $284.6 million, compared to $284.5 million for the second quarter of 2008. The [...]
Tags: Uncategorized
Brickman Group Partners with Torre & Bruglio
July 28th, 2009 · No Comments
From Lawn & Landscape
PONTIAC, Mich. — Yesterday, The Brickman Group announced that it formed a partnership with Pontiac-based Torre & Bruglio, one of the largest landscape contractors in the state of Michigan.
Brickman serves commercial clients in 29 states, providing maintenance, landscape architecture and construction services. Torre & Bruglio has a 20-year history providing landscape installation and horticultural maintenance services on [...]
Tags: Industry Press
Custom Touch Acquires Perfect Property Services
July 28th, 2009 · No Comments
(NOBLESVILLE, IN)….Custom Touch Irrigation, a Noblesville-based irrigation and landscape lighting company established in 1978, has acquired Indianapolis irrigation company Perfect Property Services. The combined operations will be headquartered at Custom Touch Irrigation’s facility located in the Noblesville Business Park at 9675 E. 148th Street.
Custom Touch Irrigation plans to expand their 20 plus strong staff by [...]
Tags: Industry Press
Did Terrain Kill Smith & Hawken?
July 9th, 2009 · No Comments
This is a blog post from GrowingWithPlants.com by Matt Mattus
Scott’s Miracle Grow Company announced today that they are shutting down their high-end gardening retail business Smith & Hawken this week. ( I know! Scott’s Miracle grow!! They bought the company in 2004). I suppose it is not surprising that the brand was headed in this [...]
Tags: Uncategorized
The Scotts Miracle-Gro Company Announces Plans to Close Smith & Hawken Operations by End of 2009
July 8th, 2009 · No Comments
– Closure process expected to be cash neutral but result in one-time charges of approximately $25 million
– Fiscal 2010 adjusted earnings expected to benefit up to $0.15 per share
– Store sales start July 9 with all stores expected to close within six months
MARYSVILLE, Ohio, July 8 /PRNewswire-FirstCall/ — The Scotts Miracle-Gro Company (NYSE: SMG), [...]
Tags: Uncategorized
Principium Plans Seminars for Green Industry Business Buyers and Sellers
July 7th, 2009 · No Comments
First courses are Planning for the Sale of Your Green Industry Business – and Planning an Acquisition Strategy – How to Grow Your Green Industry Business with Strategic Acquisitions
PRLog (Press Release) – Jul 17, 2009 – The Principium Group today announced a new seminar series for owners of green industry businesses who are considering [...]
Tags: Industry Press · Selling Your Business