Mergers & Acquisitions (M&A) represent a significant tool of strategic corporate management; however, a large proportion of M&A projects do not achieve the desired success. The success of such a project depends on many different factors. Ultimately, it all comes down to the quality with which an M&A project is managed throughout its various phases. A holistic management of M&A projects thus becomes a central success factor. Carsten Hinne examines M&A management within a comprehensive framework of the overall process. He analyzes the different tasks from a process perspective, develops conceptual considerations for building company-specific M&A competencies, and discusses various ways to increase the likelihood of success for such projects through institutionalized M&A management.