international network ICFG is delighted to announce that another new member has joined our network in 2020. We are proud to welcome Dutch consultancy firm Match Plan Mergers & Acquisitions to the group, further strengthening our presence in a key European market and bringing new opportunities for cross border transactions to all parties.
Headquartered in The Hague, Match Plan is an independent corporate finance firm specialising in family owned and medium sized enterprises in the Netherlands.
Match Plan was founded in the 1990’s, by the ING Bank. In 2000 Match Plan was privatized and acquired by the former director in collaboration with a group of accountancy firms. Since then, Match Plan has grown into a renowned M&A boutique in the Netherlands, assisting entrepreneurs in the purchase and sale of companies, as well as acting as an independent advisor in valuations and corporate financing. Over the past 25 years their activities have expanded to include larger and more complex deals, including cross-border transactions. Match Plan have worked with a significant number of international clients, building strong relationships and connections within a breadth of industries and sectors.
ICFG and Match Plan are looking forward to the opportunities this association will bring to all parties, with more cross-border deal opportunities on the horizon. ICFG is very much looking forward to formally welcoming the newest member to the network later in the year at their Autumn Conference.
Hans Van de Pas, Partner at Match Plan commented:
“Despite the fact that Match Plan does many international transactions, we were not yet part of an international network. After talking to various networks, ICFG appealed to us the most. ICFG continuously works to improve and strengthen the network. The members are committed to mutually cooperate in order to support each other’s customers and relations internationally. This ambition appeals to us and fits very well with the Match Plan. We are excited to be a part of ICFG and look forward to actively contribute to the network.’’
Christophe Pothier, Chairman of ICFG commented:
“Matchplan is an impressive growing corporate finance company in an impressive country that we are all very happy to work with to densify our ICFG presence in Europe, and to foster international deals in an informed context with professional companies.”
international network ICFG is delighted to announce that another new member has joined our network in 2020. We are proud to welcome Dutch consultancy firm Match Plan Mergers & Acquisitions to the group, further strengthening our presence in a key European market and bringing new opportunities for cross border transactions to all parties.
Headquartered in The Hague, Match Plan is an independent corporate finance firm specialising in family owned and medium sized enterprises in the Netherlands.
Match Plan was founded in the 1990’s, by the ING Bank. In 2000 Match Plan was privatized and acquired by the former director in collaboration with a group of accountancy firms. Since then, Match Plan has grown into a renowned M&A boutique in the Netherlands, assisting entrepreneurs in the purchase and sale of companies, as well as acting as an independent advisor in valuations and corporate financing. Over the past 25 years their activities have expanded to include larger and more complex deals, including cross-border transactions. Match Plan have worked with a significant number of international clients, building strong relationships and connections within a breadth of industries and sectors.
ICFG and Match Plan are looking forward to the opportunities this association will bring to all parties, with more cross-border deal opportunities on the horizon. ICFG is very much looking forward to formally welcoming the newest member to the network later in the year at their Autumn Conference.
Hans Van de Pas, Partner at Match Plan commented:
“Despite the fact that Match Plan does many international transactions, we were not yet part of an international network. After talking to various networks, ICFG appealed to us the most. ICFG continuously works to improve and strengthen the network. The members are committed to mutually cooperate in order to support each other’s customers and relations internationally. This ambition appeals to us and fits very well with the Match Plan. We are excited to be a part of ICFG and look forward to actively contribute to the network.’’
Christophe Pothier, Chairman of ICFG commented:
“Matchplan is an impressive growing corporate finance company in an impressive country that we are all very happy to work with to densify our ICFG presence in Europe, and to foster international deals in an informed context with professional companies.”
Following an increase in COVID-19 cases across the country and the threat of a second wave hitting us this Autumn, the Chancellor Rishi Sunak announced this week further measures to support businesses during these unprecedented times.
Coronavirus Business Interruption Loan Schemes
The Chancellor has announced yesterday the extension for applications to the Government’s three Coronavirus Business Interruption Loan Schemes (CBILS, CLBILS and Bounce Back Loan) and the Future Fund. The extension aligns all the end dates of the schemes to 30th November 2020 to enable more businesses to benefit from the schemes.
The Government will now also increase its guarantee from 6 years to 10 years for Bounce Back Loans and CBILs but the ability for businesses to extend their loans will likely be at lenders discretion.
VAT
The Government had announced previously a cut in VAT to 5% for businesses operating in the tourism and hospitality sectors to support them through the crisis. This VAT reduction has now been extended until 31st March 2021.
In addition, companies are now allowed to defer their VAT bill over 11 months rather than paying a lump sum in March 2021.
Job Support Scheme
The Government has announced yesterday a new job support scheme starting on 1st November 2020 and due to run for six months. The Job Support Scheme is designed to protect viable jobs in businesses who are facing lower demand due to Covid-19, to help keep their workforce employed.
The company will continue to pay its employee for time worked, but the cost of hours not worked will be split between the employer contributing a third, the Government through wage support also contributing a third caped at £697.92 per month and the employee will not receive the remaining third. Under the scheme, this will ensure employees earn a minimum of 77% of their normal wages, where the Government contribution has not been capped.
Employers using the Job Support Scheme will also be able to claim the Job Retention Bonus if they are eligible.
Guidance has been provided by the government to outline employer eligibility for the scheme.
How we can help
We would welcome the opportunity of supporting your business during these difficult times either in securing a COVID-19 loan or assisting more generally in planning and responding to the current crisis to ensure business continuity. We are currently assisting a number of clients in securing additional borrowings including situations where we have stepped into existing loan application processes to expedite, enhance delivery or increase the lending quantum.
Following an increase in COVID-19 cases across the country and the threat of a second wave hitting us this Autumn, the Chancellor Rishi Sunak announced this week further measures to support businesses during these unprecedented times.
Coronavirus Business Interruption Loan Schemes
The Chancellor has announced yesterday the extension for applications to the Government’s three Coronavirus Business Interruption Loan Schemes (CBILS, CLBILS and Bounce Back Loan) and the Future Fund. The extension aligns all the end dates of the schemes to 30th November 2020 to enable more businesses to benefit from the schemes.
The Government will now also increase its guarantee from 6 years to 10 years for Bounce Back Loans and CBILs but the ability for businesses to extend their loans will likely be at lenders discretion.
VAT
The Government had announced previously a cut in VAT to 5% for businesses operating in the tourism and hospitality sectors to support them through the crisis. This VAT reduction has now been extended until 31st March 2021.
In addition, companies are now allowed to defer their VAT bill over 11 months rather than paying a lump sum in March 2021.
Job Support Scheme
The Government has announced yesterday a new job support scheme starting on 1st November 2020 and due to run for six months. The Job Support Scheme is designed to protect viable jobs in businesses who are facing lower demand due to Covid-19, to help keep their workforce employed.
The company will continue to pay its employee for time worked, but the cost of hours not worked will be split between the employer contributing a third, the Government through wage support also contributing a third caped at £697.92 per month and the employee will not receive the remaining third. Under the scheme, this will ensure employees earn a minimum of 77% of their normal wages, where the Government contribution has not been capped.
Employers using the Job Support Scheme will also be able to claim the Job Retention Bonus if they are eligible.
Guidance has been provided by the government to outline employer eligibility for the scheme.
How we can help
We would welcome the opportunity of supporting your business during these difficult times either in securing a COVID-19 loan or assisting more generally in planning and responding to the current crisis to ensure business continuity. We are currently assisting a number of clients in securing additional borrowings including situations where we have stepped into existing loan application processes to expedite, enhance delivery or increase the lending quantum.
