Transactions

Due diligence is crucial for successful deals. Our transaction services team offers financial due diligence services to support acquisitions. We conduct detailed investigations, critically reviewing financial information to limit risks and ensure informed decisions.

Key aspects of our due diligence services:

• Prioritising financial due diligence to an acquisition
• Reviewing available financial information (public information, data room, VDD, etc.) critically
• Investigating on-site or in close liaison with management in detail
• Reviewing price adjustment clauses
• SPA advising

Vendor due diligence (VDD) is an essential process before acquisition, aimed at presenting a clear picture of the company’s financial health. Our transaction services team prepares a detailed VDD report, addresses investor queries, and conducts analyses under management’s guidance. Reviewing price adjustment clauses ensures maximum value generation, while organising data rooms and packs streamlines the due diligence process, enhancing efficiency and transparency.

Key aspects of our Vendor Due Diligence (VDD) services:

• Preparation of a vendor due diligence report presenting the company’s financial situation
• Responding to questions posed by potential investors and their advisors
• Conducting specific analyses under the responsibility of management (vendor assistance)
• Organising data rooms and/or data packs to facilitate the due diligence process
• Reviewing price adjustment clauses to maximise generated value

Agreed Upon Procedures and Financial Analyses offer customised insights into your business’s financial health. We assist in diagnosing a company’s financial situation, estimating synergies during mergers, and providing financial certifications.

Key aspects of our Agreed Upon Procedures and Financial Analyses:

• Diagnosing a company’s financial situation or activity on behalf of shareholders or management
• Estimating potential synergies in the context of group mergers
• Reviewing or drafting business plans for activities, companies, or groups
• Providing comprehensive financial certifications

Independent Business Reviews (IBRs) provide an unbiased analysis of a company’s financial health during debt refinancing. We evaluate profitable activities, scrutinise business plans and cash flow projections, and model refinancing impacts on cash flows and bank agreements, helping companies assess their ability to meet lender requirements.

Key aspects of our Independent Business Reviews (IBRs):

• Assessing a company’s financial position during debt refinancing for profitable activities
• Scrutinising business plans and forecasting cash flows
• Modelling the effects of refinancing on cash flows and bank covenants

Preparation of carve-outs is vital for a successful divestiture. We determine pro forma accounts, provide a clear financial picture, and guide the business through stages to operate independently, estimating necessary costs and investments.

Key aspects of our preparation for Carve-outs:

• Determining pro forma accounts according to the scope of the transaction
• Defining the stages that enable the business to stand alone
• Estimating costs and investments related to the business operating independently