MERGERS & ACQUISITIONS

• Sell-side
• Buy-side
• Mergers

FUND-RAISING

• Growth capital
• Management Buy-Outs and Buy-Ins
• Debt restructuring

STRATEGIC ADVICE

• Exit strategies
• Strategic business reviews
• Valuations

TURNAROUNDS & RESTRUCTURING

• Operational turnarounds
• Capital restructuring
• Distressed asset rationalisations

We support our clients throughout the entire, often complex process of an M&A transaction, providing tailored advice aimed at maximising value.

Our engagement can start well in advance of an actual transaction. Clients mandate us more and more to review their businesses to help them optimise or change their performances to achieve increased valuation multiples upon exit.

Prior to any transaction, a significant amount of preparation work and analysis of the mass of information and financial data is required, as well as the identification of acquisition targets, potential investors or suitable buyers.

Once the transaction process is up and running, we guide our clients on a whole range of issues from valuation and pricing, market trends, drivers and price expectation, through the minefield of negotiations of non-binding and binding offers, to the legal complexities of Share Purchase Agreements, warranties and indemnities.

Ultimately, we support our clients all the way to the successful legal completion of the transaction. Throughout, we provide detailed management of the due diligence process, including the selection, appointment and direction of supporting advisers, resulting in a smoother, more time and cost-efficient diligence process.

Our work in this area includes:

• Acquisitions
• Sales (including owner exits)
• Target searching, mapping and identification
• Management Buy-Outs and Buy-Ins
• Public and private fund raisings (equity & debt)
• Valuations

CASE STUDY

We support our clients to raise debt or equity in order to grow their businesses, to make other investments or to use the funds to finance assets.

Clients often seek growth or expansion capital but at the same time are aware that they need to ensure that their new investors are the most appropriate stakeholders for the owners and the business. Barons Capital Partners is able to provide access to our considerable cross-border network of investors, including Private Equity firms, High-Net-Worth Individuals, Family Offices and other organisations.

There are also more specialised situations that demand lateral thinking and innovative solutions, such as where a client has a need to restructure its debt position.

We also support management and investors through the often complex and time-consuming process of Management Buy-Out and Buy-In transactions.

Our work in this area includes:

• Identification and due diligence of potential investors
• Negotiation of investment terms with stakeholders
• Information memorandum and/or business plan production
• Introductions to, and negotiations with, banks and other debt and financing providers

CASE STUDY

Our wide-ranging industry experience means that we are well-placed in our areas of expertise to provide clients with strategic advice independent of any specific M&A transaction. 

Often clients will simply be seeking a thorough, independent review of their business in order to improve or crystallise value at some future point.

Our team will examine current plans, operations and market trends, interview management and staff, and review financial models, drawing where necessary on our network of industry specialists, before producing a comprehensive report and recommendations.

In doing so, we provide clients with a combination of consultancy, financial advice and Board-level strategic guidance. This will typically deliver a road map to value generation and crystallisation of a highly cost-effective project.

Our work in this area includes:

• Market entry strategies
• Target search, mapping and identification
• M&A strategy including identification of potential bolt-on investments or divestments
• Strategic business reviews
• Optimising business plans and investment cases
• Valuations
• Exit strategies and advice

CASE STUDY

Our Turnaround team has a strong track record of assisting companies in distressed situations.

We seek to guide our clients through the very difficult process of accepting that major issues have arisen that require urgent restorative action. Our work in this area normally begins with an intense period of engagement with management and shareholders to identify and agree on problems, potential solutions and objectives. We are then well placed to assist in negotiations with the holders of debt and key creditors whilst, in parallel, seeking to identify alternative sources of equity and debt as quickly as possible. If time allows, we will manage a competitive process to determine and deliver the best option for our client. In doing so, we will usually seek to take an active role in the management of the company including a position at Board level.

Our work in this area includes:

• Clarifying strategic objectives and creating transformational business plans
• Defining strategies to recover shareholder value
• Identifying optimal corporate structures
• Restructuring activity including taking an executive role
• Securing additional investment (equity & debt)
• Assistance in the selection of new management
• Identifying potential divestments and bolt-on acquisitions
• Providing exit advice

CASE STUDY