Diversify with a simple strategy – ‘Growth by Acquisition’

  • Match Valley
  • 07-12-2016
  • 0

With a state like Kerala, has anyone wondered how successful an acquisition can lead to? People have started to put faith in the strategy – ‘Growth by Acquisition’ as this has led to companies focusing on scalability rather than negative approach to market. Going by the success story of Lulu Groups, one of the leading business conglomerates that initially operated as a family business venture. From humble beginning as an importer of frozen products from US and Europe, the group has steadily grown into a towering presence in the business & industrial landscape of Kerala. Through acquisition, the group is engaged in a diversified range of business activities, which expanded, recently by the acquisition of the Great Scotland Yard in London and Abad Airport Hotel in Cochin. This shows the importance on why Corporates need to have a closer look on the term – ‘Mergers & Acquisition’.

Among the myriads of major acquisitions in the country, the state of Kerala witnessed a successful acquisition, which has turned the tide of IT revolution towards the state. Profoundis Labs, a Kochi based Startup has been acquired by FullContact, an American software company. This marks the first time a US based company acquires an IT product firm in Kerala.  This brought about a boost in Kerala’s nascent start up industry as another company based in Trivandrum, LeadFerry Technologies have also garnered interest from two big firms in the US, one being a Fortune 400 Company and another a successful start up. The road ahead seems to be bright for IT companies in Kerala but what we are stressing here is – ‘Acquisition’ should be an important part of corporate life going forward!

Does this happen only in Kerala? No. Cause Mergers & Acquisitions have been bread and butter for many of the leading business firms in India. This leads us to one of the most defining period in Indian Sports Network. Sony Pictures Network India (SPN) has now announced that it has entered into a definitive agreement to acquire TEN Sports Network from Zee Entertainment Enterprises Limited (ZEE) and its subsidiaries for 385 million U.S. dollars. This acquisition will add South Asia's leading sports network to SPN's existing portfolio of channels thereby emphasizing the importance to scale by acquiring a leading network and extending their network in the global market.

These successful Mergers & Acquisition have brought about the importance of companies like Match Valley Capital Partners in the state. Having been equipped with the right mix of Corporate Lawyers, Chartered Accountants, Business Brokers, and Experienced Professionals, Match Valley have successfully sauntered into the world of Business Broking giving corporates various perspectives on how to grow. Watch for this space where we would talk about how life is for Business Brokers when we are entrusted with reviving Sick Units and drawing interest from Domestic and Foreign Investors.

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