Valuation & Transaction Services
Every capital decision rests on a value that is understood and defensible. We build it, document it and hold it in front of counterparties.
Valuation, pre-transaction financial review, Vendor Assistance or Vendor Due Diligence, financial analysis: we prepare the financial terms of the deal long before the first offer, and defend them through to closing.
Valuation
We value the business or the asset by cross-checking methods: trading and transaction comparables, discounted cash flows, and an asset-based approach where relevant.
Value is not a single figure: it is a range, a set of assumptions and scenarios. We model the business plan, test its sensitivities and bridge enterprise value to equity price, net debt and adjustments included.
Pre-transaction financial review
Before a process opens, we read the accounts the way a buyer will: quality of earnings, EBITDA adjustments, non-recurring items, margins by segment, seasonality and the normative level of working capital.
The aim is simple: find the issues before the counterparty does, fix what can be fixed and document the rest. An anticipated issue is negotiated; an issue discovered in due diligence is paid for.
Vendor Assistance & Vendor Due Diligence
Depending on the context, deal size and buyer profile, we recommend either a lighter, targeted Vendor Assistance or a full Vendor Due Diligence intended to be shared with bidders.
We build the financial material of the process: data room, financial database, and responses to questions from buyers and their advisers. The owner keeps control of the timetable and of the financial narrative of the business.
Financial analysis
Beyond transactions, we produce the financial analysis that informs decisions: cost structure, unit economics, cash trajectory, debt capacity and the impact of capital scenarios.
We deliver documents that are clear, robust and immediately usable in front of an investor, a lender or a buyer.
When we step in
- Before a sale, to objectify value and prepare the financial file.
- Before an acquisition, to value the target and frame the offer.
- In a capital raise or a minority buy-out, to set the share price.
- Ahead of a financing, to demonstrate that the trajectory is sustainable.