The Performance of Serial Acquirers: A Review and Integrative Framework

Abstract

Serial acquirers take on multiple acquisitions as part of an acquisition program. Recently, serial acquirers have received scholarly attention from several streams of research. In this chapter, the authors review this research, focusing on the antecedents, processes, and performance of serial acquisitions. The authors develop a conceptual model that integrates the various streams of research. Based on this review, the authors argue that future research on serial acquirers should consider the complexity of integrating multiple acquisitions, by broadening the scope to include the organizational implications and long-term consequences when evaluating the performance of serial acquirers.

Citation

Colman, H.L. and Lunnan, R. (2024), "The Performance of Serial Acquirers: A Review and Integrative Framework", Finkelstein, S. and Cooper, C.L. (Ed.) Advances in Mergers and Acquisitions (Advances in Mergers and Acquisitions, Vol. 23), Emerald Publishing Limited, Leeds, pp. 49-62. https://doi.org/10.1108/S1479-361X20240000023004