HOULIHAN LOKEY’S DUE DILIGENCE SERVICES UNIQUE …...due diligence Evaluating quality of revenues,...
Transcript of HOULIHAN LOKEY’S DUE DILIGENCE SERVICES UNIQUE …...due diligence Evaluating quality of revenues,...
UNIQUE SERVICES, DIFFERENTIATED ADVICEWe are uniquely positioned to assist buyers, sellers and lenders maximize value and minimize risk during the transaction process and beyond. Unencumbered by many of the restrictions of a CPA firm, our comprehensive financial and tax due diligence services combine our technical expertise with industry-specific knowledge to help drive successful transactions. Houlihan Lokey’s Due Diligence Services are a critical element of the firm’s integrated platform for providing clients with trusted, independent advice beginning at the earliest stages of a transaction through the purchase accounting valuation analyses and ongoing impairment testing of the acquisition and—in many cases—advice for successfully exiting the investment in the future.
BUYER SERVICES SELLER SERVICES
We assist private equity and corporate clients by evaluating key value drivers and risk factors associated with potential targets, enabling them to: Understand significant patterns in historical performance
Evaluate the target business’ quality of earnings and sustainability of free cash flow
Analyze the quality of net assets being acquired
Understand historical working capital patterns and identify opportunities to mitigate working capital levels after closing;
Assess the achievability of the target business’ financial forecasts
Address key tax and financial reporting risks in purchase negotiations
Evaluate post-closing purchase price adjustments
Identify the effects of purchase accounting and valuation requirements in post-transaction financial models for recently acquired businesses
We help clients maximize value throughout the transaction process by: Applying the same framework of our buyer services and enabling sellers to identify
and address potential areas of concern—from a buyer’s perspective—prior to buyer due diligence
Evaluating quality of revenues, earnings and net assets, working capital requirements and financial projections to help position our clients for the buyside due diligence process and minimize surprises at the negotiating table
Material preparation for the data room and supporting our clients in responding to buyer requests
Drawing on our expertise in sellside M&A advisory to advise clients through the deal structuring, negotiation and closing processes
Assisting with working capital, earn out or any other financial and tax-related provisions in the purchase and sale agreement
Post-closing support in purchase agreement price adjustment disputes
HOULIHAN LOKEY’S DUE DILIGENCE SERVICES
IDENTIFICATION EVALUATION EXECUTION POST-CLOSE REALIZATION
• Financial Due Diligence• Tax Due Diligence• Synergy Analysis• Negotiation* • Transaction Opinions**
• Buyside Advisory* • Tax Structuring• Purchase/Sale Agreement Review
• Purchase Price Allocation & Accounting Support• Goodwill Impairment• Fixed-Asset Impairment• Purchase Price Adjustment Support
• Seller Due Diligence• Tax Structuring• Buyside Identification* • Sellside Advisory*
YOUR PARTNER THROUGH THE M&A LIFECYCLE
*Investment Banking capability. **Transaction Opinions capability.
HOULIHAN LOKEY’S DUE DILIGENCE SERVICES
OUR VALUE PROPOSITIONADVISE CLIENTS THROUGH BUSINESS LIFECYCLE INDEPENDENT & UNRESTRICTED UNIQUE SET OF ATTRIBUTES
Buyside and sellside financial, accounting and tax due diligence
Post-transaction valuation and purchase accounting support
Corporate finance expertise upon sale of portfolio companies
Our unique services differentiate us from accounting firms, including our:
Flexible fee structure
Focused business model, minimizing the risk of conflicts of interest
Quick response to client needs and ability to meet aggressive timeframes
Senior-level professionals involved in day-to-day process
Tailor scope of services to clients’ needs
Our team’s depth of experience and breadth of knowledge is a cut above a public accounting staff
Investment banking services provided by HL Capital, Inc.; investment advisory services provided by HL Financial Advisors, Inc. In the European Economic Area and Hong Kong services provided by HL (Europe) Limited and HL (China) Limited, respectively. Source: Thomson Reuters.0713
Sam ClarkManaging [email protected]
Andy Deren [email protected]
Jerry Schwartzman DirectorNew [email protected]
David SarfasDirectorNew [email protected]
Brian [email protected]
Travis [email protected]
Bryan WalkerDirectorSan [email protected] 415.273.3649
Sean WindsorDirectorNew [email protected]
Sandy RyanVice PresidentLos [email protected] 310.788.5378
OFFICE CONTACTS
DEDICATED INDUSTRY EXPERTISE
Our Due Diligence Group is
differentiated by its professionals’
access to the firm’s 12 dedicated
investment banking industry
groups, providing for an unmatched
level of industry expertise on each
engagement. Current industry
groups include:
• Aerospace•Defense•Government
• Business Services
• Consumer, Food & Retail
• Energy
• Financial Institutions
• Financial Technology
• Healthcare
• Industrials
• Media & Telecom
• Real Estate, Lodging & Leisure
• Technology
• Transportation & Logistics
17 GLOBAL OFFICES, OVER 850 EMPLOYEES
Avista Advisory locations
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Washington, D.C.
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London
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Hong Kong
Mumbai
Singapore
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