Businesses of today need the right capital to fund the idea in order to tap its true potential. Our expertise lies in handholding the entrepreneur throughout the fund raising process from defining a transaction strategy to handling the due diligence process to negotiating the terms with the investors. We have the ability to reach out to global private equity and venture capital funds to attract quality growth capital. Apart from advising the start-ups/business houses on sell-side, we also help PE/VC funds & Angel investors on the buy-side in finding lucrative investment opportunities.

• Developing the transaction strategy
• Reviewing and finalising the business plan
• Preparing Teaser, Information Memorandum and other marketing documents
• Identifying and approaching the right set of investors/targets, as the case may be
• Negotiating terms and valuation
• Managing the due diligence process
• Reviewing and finalising transaction documents
• Facilitating closure of the transaction

In today’s globally connected world, companies look for an effective way to expand their business operations. Companies are seeing acquisitions and consolidation as a quick and effective growth strategy. Whatever type of transaction you are contemplating—an acquisition, merger/de-merger, joint venture, or restructuring –we are there to assist you devise the most efficient structure. As an M&A advisory firm, our goal is to drive forward the transaction and conclude it timely and effectively, while maximizing value creation for our clients.

• Developing a transaction strategy
• Review/preparation of marketing documents including Teasers & Information Memorandum
• Identifying and approaching strategic partners
• Negotiating on the terms & valuation
• Advising on the right structure & process for the deal
• Advising on Tax implications of M&A deal
• Assistance in obtaining government approvals
• Legal documentation & compliance support
• Managing the due diligence process

While you are preparing to enter into a investment/M&A transaction, we partner with you to identify and mitigate potential transactional risks, to help you in taking an informed decision and to provide assistance in deal-related challenges. Due Diligence often plays out to be a game-changer in a deal and is thus recommended specially in context of existence of majorly family-owned businesses in India. Due diligence includes a critical review of the target company’s financial statements for the past several years and a review of the financial projections for the coming years.
Our financial, tax & legal due diligence service would assist you in the following ways:
Buy side due diligence: Due diligence services that help PE/VC firms in evaluating risks and monetary adjustments before making an investment in a potential target.
Sell-side due diligence /Vendor Assistance: Due diligence services to identify potential impediments during an exit or to address value impacting issues at an early stage, helping clients take corrective action.
Our deliverable in due diligence provides insights on:

• Quality of revenue - Identifying the key business drivers
• Quality of earnings - Ascertaining the sustainability of earnings
• Working capital - Normalising for seasonality and one-off items
• Net debt – Estimating immediate cash outflows
• Contingent liabilities - Summarising the significant exposures
• Tax positions - Assessing the history of claims and risk areas

The need for expert valuation services is ever increasing in today’s business and regulatory environment. Clients ranging from start-ups to PE/VC funds rely on Sawhney & Sawhney’s valuation services for broad range of valuation matters. Apart from compliance needs of valuation such as in Income Tax & Financial Reporting, valuation is an important element in any deal-be it fund-raising or M/A. Valuation often makes or breaks the deal and is a key negotiation point.

• Assistance in building financial projections in context of business/growth plans
• Sell side: Building & justifying Valuation of the start-up
• Buy-side: Critical evaluation of the valuation proposed by the target
• Determining share swap ratios in M&A transactions
• Valuation on issue/secondary transfer of shares as per Income Tax Act
• Valuation on issue of shares as per Companies Act
• Valuation requirements of Foreign Exchange Management Act