Most of the time, however, this does not happen nowadays. Due to growth targets set by stakeholders, these opportunities, which usually generate slower growth, are bypassed by including other companies into the group with the aim of gaining a higher market share and/or generating faster growth through synergy effects but according to the Harvard Business Review, 70-90% of all acquisitions are "catastrophic failures"!
Here are the top 5 reasons why they often fail:
1. synergies are often overestimated
2. strategic goals are not achieved because they are incorrectly anticipated
3. financing is not clarified or refused
4. insufficient integration of the respective corporate cultures
5. the purchase price is too high
I know many have to follow the dictated strategies, but with the right knowledge of these numbers, you can also convince investors or other management members to focus on a different growth strategy. Good luck.