Aquisitions - Rules to aquire by

Mergers & Acquisitions are certainly one way to significantly grow your business.  However those who’ve done it know that it’s not without it’s fair share of problems.  September’s issue of Harvard Business Review has a great article on the subject.  Pitney Bowes share their lessons learnt having done more than 70 acquisitions over the last 6 years.  In a nutshell they advocate sticking to adjacent spaces, taking a portfolio approach, having a business sponsor, knowing how to judge an acquisition and not shopping when you’re hungry.