strategic fit

strategic fit

the extent to which a new business activity undertaken by a conglomerate firm is compatible with its existing activities. In some cases, the new activity may be closely related to the firm's existing activities, thus providing scope for achieving SYNERGY gains across these activities. See DIVERSIFICATION.
References in periodicals archive ?
The Strategic Fit Committee of the QFC Authority makes an evaluation of the "Strategic Fit" based upon four categories of criteria.
CBRE Hawaii is a perfect cultural and strategic fit for us," said William Chillingworth, president of the Western Division for CB Richard Ellis.
This acquisition in Northern Mexico is an excellent strategic fit, allowing us to better serve both Mexican and U.
Jeff Soukup, PlanetOut's chief operating officer, said RSVP "is an excellent strategic fit for PlanetOut, giving us an additional platform to serve the varied needs of the LGBT community.
However, this business is not a strategic fit with Monsanto's focus on agriculture and planned growth of our seeds and traits business.
The property is viewed as a strong, strategic fit for Liberty as the property is located in the central portion of Liberty's Shaw Dome Project.
Jack Kraeutler, president and COO, said, "We are enthusiastic about the strategic fit of Biotrin as it relates to Meridian's well-articulated goals of core business growth through internal development and acquisitions.
Penton executive vice president James Zaremba said that "PTS events are a strong strategic fit with Penton's Manufacturing and Design Engineering groups and will help strengthen our market positions in a number of market segments we serve.
The technology expertise of AI and The Morey Corporation's proven expertise in hardened, ruggedized, Telematics design and manufacturing are an excellent strategic fit," stated Emad Isaac, Chief Technology Officer for The Morey Corporation.
The Yaffe employees and locations represent a very good strategic fit for our growth plans, and we look forward to adding them to our organization," Robert S.
Andrew Mathias, Chief Investment Officer of SL Green, stated, "The acquisition of 300 Main Street and 399 Knollwood Road is a strategic fit with of the recently acquired Reckson Portfolios in Westchester and Stamford.
With corresponding client coverage, APCG and ICF see a good strategic fit and believe that there are growth opportunities in many areas for both firms," said Ngozi Irondi, co-CEO and vice president of APCG.
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