The acquisition price for a business is typically agreed on a “debt and cash free basis”, whereby the headline price or “Enterprise Value” is adjusted upwards or downwards for net cash or net debt in the business. This adjustment can have a significant impact on the final acquisition price.
HMT LLP advised fulfilment solutions provider Diamond Logistics on their multi-million pound fundraise with growth capital and venture debt provider Boost & Co.
Every Corporate Finance Adviser worth their salt releases a commentary on the IT services market at least once a year - for the very obvious reason that IT services continues to be a resilient market which is, as a generalisation, of significant interest to private equity investors, private equity-backed consolidators and overseas trade buyers.
HMT LLP have advised the shareholders of Sunday Times Virgin Atlantic Fast Track 100 business, Performance54, on their partial exit to a strategic investor.
ICFG is delighted to announce that independent investment boutique Boltendahl International Partners has joined our network, strengthening and developing our presence in Europe and bringing a strong expertise in the Pharmaceutical field.
Twelve months ago, in the midst of the COVID crisis and the first lock-down, we were triaging our corporate finance clients into those that needed acute assistance such as emergency funding, a minority where the original transaction and proposed timing remained viable but a majority where it was necessary to pause until the acquisition/investment proposition could be re-assessed and demonstrated in a (post) COVID environment.