Corporate development refers to the planning and execution of strategies to meet organizational objectives, primarily through mergers and acquisitions or divestitures.
The kinds of activities falling under corporate development may include strategic planning, market and competitor mapping and tracking, phasing in or out of markets or products, arranging strategic alliances or partnerships or joint ventures, identifying and acquiring companies (M&A), securing funding (various forms of equity or debt) or corporate financing, divesting of assets or divisions or selling the whole company, listing on a stock exchange or undertaking various capital management initiatives.
In this scenario, the project development will involve identifying potential target companies for acquisitions or unions resulting in a new and more aggressive corporation.
are highly sought in corporate development executives so that they can understand and align strategic, technical, and tactical goals with financial targets.
Teams contract and often hire a corporate development contributor from a legal or investment banking background due to the complex contractual and valuation issues associated with many transactions.