Today's expanded-scale businesses must become market aggregators, recognizing that the strongest growth will happen not within industries or markets but across and among them.

When companies sense the need to find a new growth business, many turn inward, searching to extend core competencies and relying on centralized planning.

Our latest research shows M&A success rates have climbed, and that top-quartile performers—and often even median ones—can create substantial amounts of shareholder value. 

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