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The 21/22 Good Merger Index

The ninth edition of the Good Merger Index was released in February 2023 and starts in May 2021 and runs to April 2022 – still a period of disruption with Covid forcing restrictions and peaks of disease. The financials we use are from the year before merger so, for this report, they are for 2020-21 mapping exactly on to the first year of Covid.

Our report shows that merger activity, already low, declines rather than increases in the period, with just 51 mergers involving 103 organisations – just 0.06% of the c170,000 registered charities in our sector – down from 77 mergers involving 166 organisations in the previous period.

Takeovers remain the dominant form of merger and are at a higher proportion than in previous years. There are even fewer mergers of equals, but interestingly a rise in subsidiary-type models of merger. Certainly, merger is not an easy process but our report also celebrates, particularly in its case studies, those who, with clear strategic purpose, vision and drive HAVE succeeded and lived to reap the benefits.

View previous editions (including the 2021-22 report) of the Good Merger Index here.

The 10th Edition of the Good Merger Index was launched on 7th February 2024.

Speak to our Team

Contact us to find out how our team of charity, social enterprise & not-for-profit consultants and recruiters can help your organisation.

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Phone: +44 (0) 203 821 6174
Email: [email protected]