Out with the 'lucky dip' and in with interrogatable evidence

Even in childhood lucky dips were ‘lacking'. The short-lived thrill of thinking something amazing was just one really good, blindfolded rummage away soon faded when ultimately left clutching yet another bottle of blowing bubbles. Going on size of object alone yielded mixed results.  While consolidators in the early years clearly weren't going into deals blindfolded, there certainly wasn't the same level of forensic examination of a firm's culture, data, and governance we found that are now the norm while we were conducting our deep dive on the forces shaping M&A activity in the UK financ...