We assist our clients with their M&A needs from both seller and buyer side. The important thing in this process is the valuation process. As professionals, we have the expertise to identify and evaluate key financial and operational drivers. In addition, we maximize industry knowledge with our experiences. This ensures our clients have the right information to clearly assess their decisions in the various phases of the M&A process.

Our services may include:

• Considering the value of the company and its implications for the capital structure
• Manage disclosure of company sensitive data and data room preparation
• Organize and coordinate with other support professional teams
• Financial and commercial due diligence on the buyer’s side to assess potential risk and value so as to best position and prepare the company for the negotiation process and for the impact of the acquisition
• Consider the best way to shape the funding structure of the acquisition process, manage tax risk and minimize related party risk
• Prepare projections and assess the transaction value relative to the company’s market value and the impact on the capital structure
• Provide active and early input in identifying important issues in the agreement which are then integrated into transaction documents, including sale and purchase agreements, shareholder agreements, transitional service agreements and supply agreements
• Collect, interpret and assess sensitive company data
• Organize and coordinate with other support professional teams
• Support and deal with regulators when required

Reviewing and analyzing the financial statements of taxpayers in terms of taxation aspects, as well as calculating the tax payable from the findings (tax exposure).

Our Services Include:

• Assess whether the accounting and reporting system is adequate.
• Assess whether the company’s operations have been running effectively and efficiently.
• Assess whether the methods adopted to achieve certain goals have been carried out in an efficient cost.
• Assessing work effectiveness, distribution channels, and marketing effectiveness.
• Assessing the efficiency of the company, both internally and in comparison with competitors or similar companies.

Financial due diligence
Financial due diligence involves investigative analysis of a business, assessing the main problems facing the business and the drivers behind sustainable profits and cash flow, identifying financial risks and potential deal breakers in the transaction.

Our approach aims to identify the value created by transactions, including an analysis of :

• Actual earnings (identify one-time events and ongoing earnings)
• Financial projections
• Cash flow generator
• Capital expenditure
• Working capital
• Management information systems and control environment
• Employment issues
• Commitments and contingent liabilities that may harm financial performance or negatively impact the target’s financial position after the transaction.

Our work may relate to the acquisition of a company’s shares or its assets from a company. We carry out our projects through working with our clients and other investor advisers, which allows us to achieve a thorough understanding of investors’ expectations and deliver high quality results.

Tax due diligence
Our experience has shown the identified tax risks may have a significant impact on the target company’s market value and may be an important argument in the price negotiation process. The purpose of tax due diligence is an analysis of the target tax treatment with respect to consistency with tax laws regarding our Services with respect to tax due diligence including, in particular, an analysis of target tax settlements and social security contributions to identify tax risks and an analysis of decisions regarding historical tax control exercised by related tax authorities.