Transaction Advisory Expertise
Merger and acquisitions (M&A)
Our teams have extensive experience in guiding clients through the M&A process across a number of African countries. The execution of cross border M&A transactions come with a number of complexities, particularly when it comes to knowing the local financial and legal environment.
We pride ourselves on having an extensive network across the continent including specialised lawyers and local facilitators who are imperative in executing local transactions.
We are confident that whether it be solely structuring and raising finance for an M&A mandate or tapping into our extensive corporate finance database and networks for potential targets, we have the internal competence and networks to assist with the majority of these mandates.
Raising finance – project finance & corporate finance
Having advised and raised billions of Rands across multiple sectors on the continent, our teams truly understand the complexities of preparing our client’s business or project for an effective and realistic capital raise.
We pride ourselves in our ability to leverage off our internal actuarial, structuring and financial skills by preparing comprehensive business cases, containing robust financial models which provide funders with the peace of mind that they require.
Management buy-outs (MBO)
Having advised on numerous management buy-outs across various sectors as well as advising management through acquisition processes, we understand the internal dynamics and structures required to raise finance. Further to this, we understand the possible relationship complexities that can arise from a management buy-out process.
Thus, we are certain that with a strong management team and the correct MBO opportunity and business environment, we are able to guide management through the intricate process.
Our firm’s experience and access to an international and domestic network of potential/strategic purchasers allows us to guide our clients through the entire disposal process.
- Preparing our client’s business or asset for sale
- Running a process of identifying and selecting acquirers which are likely to provide the maximum disposal value within the correct buy-out structure
- Managing the transaction through to a successful conclusion
Empowerment / localisation structures
We understand the importance of empowerment and localisation in the African context. Accordingly, we have some of the most innovative structures which assist our clients in selecting an optimum transformation structure while ensuring fair value in the hands of the empowered party (in line with their value add).
Our experience extends to:
- Introducing third parties to empowerment companies through our network and relationships
- Running a process in identifying a suitable partner
- Providing highly structured solutions and raising finance for empowerment transactions
Hedging is an integral part of our advisory services, particularly in cross border transactions. Our teams have a wealth of experience and knowledge in advising clients on hedging policies, optimal hedging structures, understanding their associated costs as well as placing appropriate hedges to minimise risk.
These risks could include inter alia:
- Currency risks
- Interest rate risks
- Commodity prices fluctuation
- Credit risk