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Transaction Due Diligence

Are you planning to acquire or divest a business or its assets? Exploring new market opportunities? 

 

Our professionals have in-depth transaction expertise and are ready to provide assistance at every step of the way. 

 

We support clients throughout the transaction life cycle, helping to save time, mitigate risks and drive future success.

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experienced professionals

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clients, from private equity firms and strategic investors to financial services and insurance companies

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years in the market

TRANSACTION DILIGENCE

Buy-side financial due diligence

  • Financial due diligence resulting in a detailed report describing the target’s financial risks, business, structure, financial position, operating results, etc. 
  • Financial due diligence resulting in a summary of findings on the target’s key financial risks 
  • Preparing the target’s indicative summarized financial statements and calculating adjustments to key indicators
  • Support in negotiating transaction terms, including pricing   

Sell-side financial analysis

  • Preparing a vendor due diligence report for potential investors
  • Preparing a seller information document for potential investors
  • Preparing the target’s indicative summarized financial metrics and calculating and presenting the target’s key indicators for potential investors
  • Analyzing the target’s financial risks ahead of divestment or for purposes of bringing in external investors
  • Support in negotiating transaction terms, including pricing 

Transaction support

  • Support in drafting and negotiating transaction documents (term sheet, SPA, shareholders’ agreement, etc.), including financial and risk sections (financial terms and definitions, representations and warranties, closing conditions and mechanism, transaction pricing, deferred payment, closing accounts vs. locked-box mechanism, permitted/unpermitted leakage, etc.)
  • Preparing and analyzing closing accounts and calculating key pre-closing metrics (working capital, net debt, EBITDA, etc.) 
  • Post-closing data preparation (asset transfer, no unpermitted leakage, EBITDA calculation for deferred payment purposes) 

Analytics for lenders and borrowers

  • Independent business review (IBR), assistance with risk identification and assessment and business continuity analysis 
  • Independent monitoring of the borrower, including the independent calculation of a cash sweep, covenants and other ratios in the loan agreement 

INVESTMENT SEARCH

  • Short-listing potential targets, depending on the set criteria and acquisition strategy 
  • Examining the targets’ business using public data 
  • Arranging for and holding negotiations with interested parties 

PRE-INVESTMENT DUE DILIGENCE

  • Identifying key acquisition risks 
  • Arranging for negotiations between the parties 
  • Negotiating transaction terms and price 
  • Drafting SPA and other transaction documents

BUSINESS VALUATION

  • Valuation of the target’s business in accordance with Federal Valuation Standards (FVS) and International Valuation Standards (IVS)
  • Obtaining an independent fairness opinion 

PURCHASE PRICE ALLOCATION

  • Purchase price allocation in accordance with set standards
  • Adjustment of asset and liability values 
  • Identification and recognition of new intangible assets and liabilities 

BUSINESS SEPARATION

  • Purchase price allocation in accordance with set standards 
  • Adjustment of asset and liability values 
  • Identification and recognition of new assets and liabilities

OUR CLIENTS

Major financial and investment groups

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Top banks

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Leasing and factoring companies

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Fintechs

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Microcredit and microfinance institutions

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State corporations

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Insurance groups and companies

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Payment systems and platforms

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Pension funds

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Exchanges

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OUR TEAM