Activities

Our client advisory draws on the firm’s financial, legal and tax skill base providing comprehensive interdisciplinary solutions with regard to

Mergers & Acquisitions

In connection with the sale and purchase of companies, e.g. successions, restructurings of conglomerates or privatizations, we advise companies and their shareholders in all phases of a transaction. Depending on the specific mandate, our tasks typically include – besides or within the overall coordination of the whole project – in particular

    • analysis of strategic alternatives
    • drafting of information memorandums and market analysis
    • identification, selection and contacting of potential targets, sellers or acquirors including the analysis of the strategic fit
    • implementation or preparation and coordination of due diligence
    • participation in or leading negotiations representing the interests of the company and its shareholders
    • preparation of company valuations and fairness opinions
    • structuring of transactions
    • participation in drafting the documentation.

The crucial success factors of our involvement in specific projects include – besides our broad experience in various areas of Corporate Finance and related fields – in particular the ability to provide for credibility, efficiency and absolute confidentiality being the basis of our daily business.

Private Equity

The consolidation of the stock markets was one cause for the massive deterioration of the willingness of lenders and Private Equity funds to invest. We advise companies and their owners in early stage- and expansion stage-financings as well as in the context of buy outs.

Our tasks include in particular

    • analysis of strategic alternatives and financing possibilities
    • drafting of business plans, information memorandums and market analysis
    • identification, selection and contacting of potential investors
    • coaching and participation in negotiations with investors
    • preparation of company valuations and fairness opinions
    • preparation and coordination of due diligence
    • representation of the interests of company and shareholders
    • structuring of transactions
    • participation in drafting documentation.

In particular management teams, that are advised by us in structuring and financing their MB0/MBI profit from our contacts and network with banks and Private Equity funds, our long-term identification with the interests of our clients and our willingness to accept a remuneration that is highly success-oriented.

IPO - Initial Public Offerings / Equity Capital Markets

Even large IPO’s of the recent past have provided ample proof of the overwhelming importance of competent advice, stringent project management and in particular the independent representation of the interests of the company and its shareholders vis à vis the other parties involved in such a transaction.

Against this background, we – again in close cooperation with attorneys, tax advisors and accountants from our network – provide comprehensive advice in the context of IPO´s including

    • complete project management
    • structuring and coordination of the transaction
    • analysis of the original situation and the interests of the parties involved
    • contacting banks and participation in the selection of the consortium and its lead banks (“beauty contest”)
    • preparation and coordination of due diligence
    • (participation in) valuation of the company
    • coaching of management and participation in negotiations representing the interests of the company and its shareholders
    • participation in the admission process including drafting of prospectus and documentation.

Debt Capital Markets

When structuring and placing bonds, competent advice and stringent project management as well as the independent representation of the interests of the company vis à vis the other parties involved in a transaction is of decisive importance.

Against this background, we – again in close cooperation with attorneys, tax advisors and accountants from our network – provide comprehensive advice in the context of debt capital markets-transactions covering the project management including

    • structuring and coordination of the transaction,
    • analysis of the original situation and the interests of the parties involved,
    • preselecting of banks and organizing beauty contests,
    • preparation and coordination of due diligence, rating process as well as credit research,
    • coaching of management and participation in negotiations representing the interests of the company and its shareholders, as well as
    • participation in the admission process including drafting of prospectus and documentation.

Public Takeovers / Delistings

For a multitude of listed companies their listing does not make sense any more, let it be due to their low market capitalization, their low free float, the limited liquidity of their shares or an inappropriate valuation.

In situations like this, we are coordinating the transaction and – again in cooperation with attorneys, tax advisors and banks from our network – are responsible for

    • analyzing the situation and the interests of the parties involved
    • considering alternative strategies such as Reverse IPO´s or acquisitions
    • selection of the optimal path and instruments as well as structuring of the transaction
    • selection and contacting of potential partners for the optimal strategy
    • structuring and placement of necessary financings
    • representation vis à vis the BAFin
    • drafting of offers, reports etc.
    • preparation of shareholders´ meetings
    • preparation of applications to the public register of companies
    • organizing and advising on the technical implementation of the transaction
    • supporting the public relations activities escorting the transaction.
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