Our Services
We seek to develop long term relationships with our clients therefore our primary objective is to use their time efficiently and to gain satisfied clients post-acquisition. Ability to exceed clients’ expectations is our main asset.
Buy-side Mandate
- Identify the most appropriate Target company.
After taking the time to understand the needs and the type of target companies that our Client is looking to acquire, EGM is able to swiftly construct a shortlist of local companies, profitable with leading market share and proven management. When we propose the potential targets, we take in account the financials, sales and technical characteristics but we also highlight more subjective criteria such as significant differences, if any, between the two management styles of the foreign entities. This way our Client understands the local market better and is able to choose the right target from the beginning. - Assistance to reach an agreement on the valuation.
We gather and check the required information in order to establish the correct valuation using DCFs, trading / transaction multiples, and business plans with real world local data. We advise our Client to establish the most appropriate negotiation strategy in order to reach the best possible conditions, with the optimum shareholding and managerial structure. - Signing of the Letter of Intent (LoI), assistance during the due diligence and execution.
Once the Letter of Intent (LoI) is signed, EGM assists its client in the due diligence process and in structuring the deal working with specific advisors (lawyers, auditors, tax specialists) in the negotiation of agreements (LoI, SPA, SHA, Anti-Trust) until the Closing. Following the due diligence, we may proceed with the purchase and the transfer of the shares if no major differences were discovered. - Post-acquisition assistance.
Since EGM team has a valuable experience managing companies in the region, if needed, we can assist our Client at the beginning of its takeover to insure a smooth entry into the company’s management and the market.
Terms of agreement: a fixed retainer fee once a NDA has been signed with a Target, and for active work, and a success fee payable on conclusion of a successful transaction.
Our value added
- Offering an understanding and insight of the market and its players to our Client.
- Using our Client’s time efficiently, by choosing the right Target from the beginning (90% of our Term Sheets and DDs ended up in a deal).
- Half of cross border M&As underperform, therefore our goal no. 1, as local consultants, is satisfied Clients post-acquisition. As nearly all of our references may testify, their Turkish acquisitions have been one of the best performing subsidiaries, years later.