Majority of mergers driven by financial distress, according to research: "Less than 0.01 per cent of charities merged last year but the majority of those that did were driven by financial distress, the 2015 Good Mergers Index has revealed.
Some 53 per cent of merging organisations made losses in the year before their merger, while charities that were subject to the biggest local authority cuts were “merger hotspots”, according to the report by Eastside Primetimers, a consultancy which specialises in sector mergers. They included health and social care charities, which acocunted for 43 per cent of all deals."
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