M&A

FalkenSteg supports you with an experienced team of M&A specialists in all phases of your sales process - from process preparation, market approach and due diligence to contract negotiations and the conclusion of the contract.
Specifically, we support entrepreneurs and investment companies in the context of succession solutions and strategic portfolio adjustments.
We approach the process from the desired end result and thus anticipate potential value drivers and deal breakers at an early stage. Our clients benefit from our resilient network of decision-makers consisting of international strategists and financial investors.

• Determination of the sales strategy and transaction structure
• Critical evaluation of corporate planning and its value drivers
• Reflection on the expected valuation ranges
• Preparation of professional marketing documents
• Derivation of a comprehensive range of buyers
• Personal contact with identified investors
• Support and coaching for management meetings
• Support in negotiating the purchase agreement and closing the transaction

FalkenSteg advises you on all relevant issues relating to company acquisitions. Our clients include international industrial and service companies from Germany and abroad, whom we support in the acquisition of shareholdings in Germany.
You can rely on our many years of transaction experience in all sub-processes and for all purchase occasions, from the development of the strategy factors relevant to the purchase to the moderation and management of the negotiation process through to the signing of the contract.
We generally distinguish between the following initial situations for acquisitions:

• Long-term planned acquisitions, embedded in the context of the overall corporate strategy
• Opportunistically driven acquisitions from the company's or consultant's network

Regardless of the initial situation, strategic value creation along an efficient and results-oriented acquisition process is the focus of our buy-side service portfolio:

• Development of the purchase strategy and acquisition hypotheses
• Identification of suitable target companies
• Development of the financing strategy, evaluation of various financing models
• Establishing contact with top decision-makers at the target company and determining willingness to sell
• Planning and implementation of the due diligence process
• Moderation of discussions with entrepreneurs, management and employees
• Planning and support during the post-merger integration phase

Companies can realize significant value potential through the targeted spin-off of business activities outside their strategic core business. This requires active portfolio management to identify suitable disposal packages as part of a strategic realignment.

FalkenSteg provides companies with comprehensive support throughout the complex carve-out process, from preparation to transaction support for the business unit(s) to be sold:

• Assessment of the status quo via strategic option analysis
• Definition of the scope of the carve-out along the legal units and other normative dimensions (customers, value stream, employees, etc.)
• Setting up and supporting a software-based project management office ("PMO") to ensure successful implementation
• Validation of the operating models for the carve-out object and parent company
• Derivation of the requirements for short and long-term service agreements ("Transitional Service Agreement" and "Long-Term Service Agreement" respectively)
• Carrying out a "sum of the parts" company valuation
• Preparation of transaction hypotheses and development of an equity story
• Configuration of corporate structures suitable for the transaction
• Implementation of an overall M&A process for the carve-out target

As the market leader for distressed M&A transactions in Germany, we support companies and their shareholders in the sale of companies or parts of companies in crisis, as well as insolvency administrators and creditor representatives in the implementation of structured M&A processes to market insolvent companies. In addition, we advise investment companies on strategic divestments of low-return portfolio companies.

In insolvency proceedings, we also structure recapitalizations as part of insolvency plan solutions, often in the context of self-administration, in addition to asset deals. In order to maximize creditor interests, both strands of action can also be implemented in parallel and with an open outcome as a so-called dual track process.

• Design and implementation of corporate transactions in situations of upheaval and crisis - outside and in insolvency
• Maximizing transaction security and returns by taking into account factors relevant to crisis and insolvency law
• Achieving measurable added value by contributing operational restructuring expertise
• Effective communication of resilient restructuring potential to potential investors

No. 1 Distressed M&A advisor in Germany