Publications
Publications
- August 1996
- HBS Case Collection
Watermill Ventures
By: David A. Garvin and Artemis March
Abstract
Watermill Ventures acquires and turns around an underperforming business. The case describes the criteria the company uses to identify acquisition candidates, its screening and selection process, and the way it introduces strategic thinking at the business it acquires. Steve Karol, Watermill's founder, is concerned because the company has only acquired two companies in its three years of operation. He is considering a number of actions, including establishing a Web site to broaden the base of contact.
Keywords
Citation
Garvin, David A., and Artemis March. "Watermill Ventures." Harvard Business School Case 397-010, August 1996.