Acquisitions of small (less than 500 employees)manufacturing firms are analyzed in this study, with an emphasis onunderstanding the differences between acquisitions of public firms as comparedto acquisitions of private firms. To begin, a literature review is provided topresent theoretical...

Recent research has documented new ventures’ activity in acquisitions, and we build upon this work and the mergers and acquisition (M&A) literature in order to compare the acquisition performance of new ventures and established firms. The central rationale for our work is that new ventures...