The Cornerstone team will deliver a merger negotiation strategy, lead you through product selections and negotiate final contracts that are competitively priced with terms and conditions in your favor.

Strategic Focus is Key

Sample System Audit

Vendor agreements and a clear system direction must be established before merger work can proceed. Decisions on which systems to keep are based on sound functionality, benefit analysis and financial modeling.MergerContractNegSampleSystemAudit

Speed is of the Essence

There inevitably will be ‘onerous’ contracts
in the mix between both institutions. Extending these without
proper due diligence and market intel can ‘double down’
with existing vendors and delay achieving the targeted
financial flexibility

  • Contracts need to be terminated,
  • Liquidated damages need to be validated,
    (and negotiated where possible)
  • New agreements must be established that are
    commensurate with the merged institution’s combined volumes.

Vendors We Negotiate With

Ryan Rackley
Senior Director

I can help your institution realize the savings you expect from your merger.

Nine Steps for Getting Your Contracts Aligned with Your Acquisition Strategy

As banks contemplate future mergers and acquisitions, we are hearing a common question in our vendor contracts practice: “What should I do in my contracts to prepare for an acquisition opportunity?”

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