Case study 2

Background

The client, a global FTSE100 company, had taken the strategic decision to divest certain non-core operations. The client’s in-house M&A team needed support in preparing the carve-out financials and in running the subsequent sales processes. These were complex, primarily due to the number (seven), size (combined EBITDA of c. US$100m), and scale (spanning Europe and Africa) of the businesses, and the differing transaction parameters.

Approach

Ample-Ideas helped prepare a cash flow model enabling the client to assess the hold value, sales targets and pricing expectations.

Ample-Ideas supported the client throughout the resultant sales processes, providing advice on sales strategy, buyer identification and shortlisting, producing sales documentation and management presentations, and preparing financial information and analysis (including carved out financials for each business).

Ample-Ideas also helped manage the virtual data rooms, the Q&A process, and advised on separation planning and the tax implications of the deals.

Outcome

Ample-Ideas helped prepare a cash flow model enabling the client to assess the hold value, sales targets and pricing expectations.

Ample-Ideas supported the client throughout the resultant sales processes, providing advice on sales strategy, buyer identification and shortlisting, producing sales documentation and management presentations, and preparing financial information and analysis (including carved out financials for each business).

Ample-Ideasalso helped manage the virtual data rooms, the Q&A process, and advised on separation planning and the tax implications of the deals.