M&A in the Social Sector
It has been an interesting seven months since I have written about the potential for Mergers and Acquisitions in the nonprofit sector. The question in my mind has always been about how you would conduct mergers with nonprofits. What would be the incentive? Where would the money come from? The payout might be more efficient delivery of services, but the people that get the services typically are not paying, so they cannot force consolidation in the industry. The New York Times might have answered my longstanding question today.