Joint Ventures: A Tool for Growth During an Economic Downturn


Life is tough for businesses with expansion plans. The high leverage, liquidity and low funding costs that fueled growth may have stopped, but activist investors are still demanding increased shareholder value. Meanwhile, investors such as private equity and sovereign wealth funds are eager to take advantage of falling asset prices.

Do joint ventures offer an opportunity for expansion in these difficult times? KPMG International and IESE Business School present a report whose results reveal some fascinating insights, including key factors that contribute to successful joint ventures, and pitfalls to avoid. In an increasingly complex and uncertain environment, companies are further challenged to compete and cooperate across various parts of the value chain. The findings, presented in this document, help support views on using joint ventures as a tool for growth during these turbulent times.

The report is freely available on the KPMG website