Advice to Strengthen Strategic Mergers and Collaborations
The 2012 merger of Pine Street Inn with hopeFound—a merger supported by the Catalyst Fund—highlighted fundamental ways in which nonprofit mergers are different from those in the private sector. It showed that nonprofit mergers can be a strategic tool for mission growth, but that dedicated resources and technical assistance are needed to support change. It also showed that nonprofits must engage in longer-term planning, including succession planning.
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