Support during the purchase process

Mergers & Acquisitions (M&A)

As M&A specialists, we support you in dealing with the many complex questions that come up when acquiring a company. Together with you, we will develop a well-founded purchase decision, implement it consistently and remain at your side after the company purchase.

Questions to be answered during the purchase process

First of all we assist you in answering several central questions with regard to a possible company acquisition:

In what way does the purchase of a company increase the value of your company?
Is the purchase of the company a meaningful improvement of your service portfolio?
What is the best way to determine an appropriate purchase price?
How can the risk of the company purchase be minimised?
Is it more advantageous to make a share deal or an asset deal?
What must be taken into account for a successful closing?
What features should an integration plan include?

Our services during the purchase process

We support you during the entire purchase process by providing the following services:

Financial due diligence
Tax due diligence
Legal due diligence
IT due diligence
Execution of management meetings
Preparation of a bid for the acquisition of the target company
Market analysis (Bloomberg database access available)
Plausibility check of the purchase price/fairness opinion
Tax structuring advice (also in the pre- and post-acquisition phase)
Purchase price allocation (PPA) subsequent to the purchase for the consolidated financial statement

Procedure during the purchase process

In order to make a company acquisition successful, we proceed by taking the following steps. Regular meetings are held to discuss the progress of the project:

Kick-off

Presentation of the main motives for the transaction
Identification of central risk areas of the target company
Resolution on scope and timetable
Introduction of the core team
Determination of the scope of the audit based on client and assignment as well as the level of detail of the presentation

Data collection

Request for necessary information and documents
Provision of a secure data room (on request)
Interview with the management of the target company

Analysis

Review and analysis of all available information and documents from a legal, tax and economic perspective

Result

Executive summary with basic opportunities and risks or deal breakers
Reporting in German or English
Advice on structuring

Purchase price determination

Provision of capital market data, e.g. interest rates, multipliers
Support in determining an indicative company value taking into account the risks identified during due diligence

Contract negotiation and drafting

(via our sister company BKS)

The results and risk areas determined during due diligence are taken into account during contract negotiation
Support during contract negotiations including the drafting of contract documents

Closing