M&A Advisory
Operational & Commercial Analysis for the Strategic Merger of Two Private Market Managers
Two private market managers with complementary flagship strategies sought to merge. TGGC mapped synergies, designed a joint operating model, and delivered a concrete execution roadmap.
Full
Joint TOM designed
2
Firms aligned
Phased
Synergy roadmap
Challenge
Both managers believed margin growth required scaling a shared high-margin strategy rather than Primaries. They held complementary flagship products and deal flow sources — but needed a credible joint operating model and stakeholder alignment before committing to a merger.
Approach
- Mapped product landscape, investor segments, and geographies for both firms
- Assessed strengths and weaknesses in each operating model
- Identified synergies and timetables (quick wins vs. long-term effort)
- Defined joint TOM across corporate services, IT architecture, legal entities, and offices
- Navigated stakeholder landscape across both organisations to minimise friction
- Delivered by a lean senior team with deep industry expertise
Outcomes and recommendations
- Concrete recommendation on how to execute the merger operationally
- Phased action plan to realise synergies without creating an infinity project
- Joint IT architecture and cost reduction roadmap defined
Anonymous · Reference on request. Ambitions, cost targets and identified opportunities are not delivered savings. Case-specific timings and results are not guarantees for another engagement.
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