Mergers, acquisitions and raising capital are among the most important—and most risk-laden—corporate activities. PricewaterhouseCoopers’ transaction services team offers a field-proven, globally consistent, controlled deal process that helps companies minimize the risks associated with buying or selling a business, entering an alliance or raising capital. Our diligence in uncovering the realities of a business makes it easier for companies to do the right deals, avoid the wrong ones, and stem value leakage after the deal closes.
Services for buyers
We help acquirers evaluate targets, improve their M&A process and set post-close priorities. Our diligence assesses how a company generates cash and performs on nonfinancial measures. It also identifies possible risks in foreign operations and evidence of operational weakness. After a deal closes, we counsel a company on improving the internal controls governing a target’s financial, IT, back office, supply chain and customer management systems and processes.
Services for sellers
When selling a business, time is often short, but opportunities for value leakage are plentiful and it is easy to overlook issues that are priorities for buyers. We help sellers maintain control and realize greater value by finding weaknesses before buyers do, and working with management to address them, thus unlocking the value of the business to be sold and speeding the sales process. We help clients identify and resolve carve-out issues, assess the quality of earnings, determine the impact of transition/removal issues, assist in the coordination and structure of the data room, and advise on the purchase agreement.
Accounting & valuation services
Our structuring specialists advise companies on how to make sure that the complex and sophisticated financial structures employed in mergers, acquisitions, divestitures and raising capital comply with financial accounting standards. We also help clients understand the impact of income tax, financial market, corporate governance, rating agency or regulatory concerns on the proposed treatment of the transaction.
Services for raising capital
Our Global capital markets group removes the uncertainties that can arise whenever a company raises capital outside its own borders. Whether your company is raising capital, completing an M&A transaction, or dealing with the ongoing accounting and regulatory hurdles of doing business in another country, our globally-based team can bring to the issues at hand their knowledge of the capital markets process and the fine points of accounting under US GAAP, IFRS and most major national GAAPs. Our project management framework provides a structure that helps our clients successfully manage the most complex capital transactions, so that top management needs to spend time on only the most crucial decisions.
