There are many occasions to consider structured finance: Whether you want to go into business via a management-buy-out, set up subsidiaries, start a business from scratch with a new business idea or contact an investment company – in all these cases you will need professional assistance. This includes issues concerning a suitable financing structure (equity-based vs. external capital), appropriate financing terms and the current liquidity situation.
We prepare the corresponding documents and talk with the participants in order to answer the financing question as soon as possible so that you can focus on the main issue – your business model. Operative topics, such as cash management, cash pooling or treasury management will be tackled by us in close collaboration with you.
Bank credits are and will remain the most important external source of funding for medium-sized companies. However, the financing conditions have substantially changed in recent years. Meanwhile, all credit institutions have introduced complex rating procedures so that they can make better assessments of their customers’ risks.
This means for you that you will have to deal with the new “rating culture” in order to have continued access to credit financing. From a different angle, a sound credit rating offers the opportunity to detect weak points in your company so that you can introduce improvements in your business and thus take advantage of good credit terms.
We assist you in all procedures related to the communication with your banks and show you how you can improve your credit rating.
The requirements for business development reporting, particularly those adopted by credit institutions, are becoming increasingly challenging. Unlike in the past when it was sufficient to submit the quarterly financial statements, the banks now demand by far more detailed information and data on the company development. The introduction of an up-to-date financial controlling and reporting system increases the confidence of banks in their customers and makes it easier for the respective company to procure external capital at attractive terms. Innovative financial controlling methods usually include procedures for risk management. We assist you in setting up reporting systems on the basis of your existing systems or in conjunction with the introduction of a new financial controlling environment.
Due to the increasing internationalization, the business of company sales and fusions has now reached medium-sized companies. Even smaller companies are increasingly affected, particularly in the context of company succession. Selling a company or company parts is a complex process, which confronts medium-sized companies with tasks that are a far cry from their actual business.
Company transactions are multi-faceted projects, which almost always require the integration of all competencies at Fürst & Partner. Our experts in the fields of tax consulting, financial auditing, legal counseling and management consulting assist you with integrated transaction services. After the company transaction, we support you in the integration activities. In the time-critical phase of the integration of an acquisition in particular, we can support you in securing the efficient realization of synergy potentials.
The term “due diligence” refers to the standard of care with which the target object of a purchase / sale is investigated before concluding a transaction involving companies, participations or real estate. Due diligence investigations include, among other things, a systematic strengths / weaknesses analysis, an assessment of the risks involved in the purchase and a sound evaluation of the object. The investigations usually focus on financial statements, human resources and material assets, strategic positioning and the legal and financial risks. The risks identified can either lead to the termination of the negotiations or may be taken into consideration in the contract in form of price reductions or warranties.
We support our clients in performing due diligence investigations, particularly in the field of financial and legal due diligence, we make recommendations on courses of action and we provide extensive information on the findings of the purchase object evaluation.