M&A Consulting
We support M&A transactions at all stages of the transaction, taking into account the current market conditions, industry specifics, investment, and strategic objectives of the client and finding attractive opportunities for their implementation.
We provide clients with the following services in support of M&A transactions and agreements involving private equity funds:
- preliminary investment due diligence;
- analysis of the completeness and accuracy of reports and data;
- transaction support and follow-up, including financial modeling, structuring, tax advice, negotiation, and support for transaction closing;
- subsequent investment monitoring and independent control (at the Board level) of the objects under study.
Operational due diligence
Operational due diligence analyses the existing management system of the target company and helps to accurately assess the quality of its management, general business management risks, and efficiency.
Operational due diligence includes:
- analysis of the company's history and prospects;
- analysis of the legal form of the company;
- evaluation of the effectiveness of the organizational structure and the level of corporate governance;
- assessment of the company's management and staff.
Financial and tax due diligence
Financial and tax due diligence is a detailed financial and tax analysis that gives a conclusion on the current financial position of the examined company and its ability to generate profit in the nearest future, on the presence of considerable risks in terms of taxation.
In due diligence, the structure of assets and liabilities, income and expenditures, accounts receivable and accounts payable, bank loans, the system of financial control and planning, the completeness of management information, and the quality of reporting are analyzed.
Due diligence reveals unusual and unusual business operations, analyses intragroup turnovers, and their influence on the company's financial results. Particular attention during due diligence is paid to the analysis of cash flows and liquidity of current operations, as well as to factors that may strengthen or weaken them in the near future.
Preparation and analysis of the financial model
The financial model is a summarizing document reflecting the projected income and expenses for a particular period. The financial model is part of the business plan and demonstrates a valuable expression of all the key aspects from other project sections.
Confirmation of operating plans by independent experts is a prerequisite for the company's IPO, for raising external loans, and for M&A transactions.
Our services include confirmation of mathematical correctness and consistency of financial projections and verification of compliance with the accounting policies used in planning the financial statements.
Various reports formalize the results of the work: ISA (International Standards on Auditing) Conclusion, Comfort Letter, Working Capital Report, and Due diligence report.
Support of restructuring processes
Business restructuring is necessary for expansion, entering new markets, or for quick solutions to problematic situations and business rehabilitation. We provide qualified financial, tax, and legal support at each stage of business restructuring.
As part of this practice, we carry out:
- analysis of the financial condition and business processes to determine the need and ways of restructuring;
- development of a business restructuring plan and support of its implementation;
- support of mergers and acquisitions (M&A) and other types of reorganization;
- developing a strategy for reassigning functional responsibilities in the company to improve business efficiency;
- supporting the refinancing of corporate debt;
- developing and optimizing business models;
- developing and implementing alternative business development strategies.
Investment support services
Investment support services include practical tools to assist the investor and the target company in the investment process.
For investors, we offer the following:
- pre-investment counseling and preparation of company presentations;
- support in searching for acquisition targets;
- transaction structuring and tax planning;
- professional assistance during the transaction;
- support in obtaining debt financing;
- post-investment audit and monitoring of targets acquired in Belarus;
- evaluation of investments efficiency;
- outsourcing of accounting and tax accounting and reporting;
- development of exit strategies and investment recovery services.
We provide the following services for investee companies:
- pre-investment consulting and Vendor due diligence
- confirmation of the identity of business owners and business reputation
- support of the investment process and presentation to investors
- structuring and tax optimization
- independent valuations and financial modeling;
- auditing and management accounting;
- services of independent directors;
- building a system of internal controls.