Mergers and Acquisitions (M&A)
MERGERS AND ACQUISITIONS (M&A)
The Merchantec Capital team comprises M&A specialists with a successful M&A track record of more than 15 years of advising both private and listed companies across numerous sectors on a multitude of complex transactions. The Merchantec Capital team has in-depth transactional experience in both sell-side and buy-side transactions, has strong origination capabilities and is proficient across the entire M&A process.
Merchantec Capital is able to offer expert financial advice and management across the full M&A spectrum, including deal identification and conceptualisation, negotiation, structuring and implementation.
We assist our clients who seek to undertake strategic acquisitions and we pride ourselves on our ability to identify opportunities which are rational, value adding and synergistic. Our team draws from their extensive experience and insight into many industry sectors so as to advise our clients on appropriate targets.
Merchantec Capital is a member of the Alliance of International Corporate Advisors and are therefore able to assist our clients with their off-shore acquisitive growth and investment strategies.
M&A STRATEGY DEVELOPMENT
What is an M&A Strategy?
An M&A Strategy is a framework that definitively specifies and sets out the criteria, characteristics or requirements that any potential acquisition target must possess in order for an organisation to achieve its corporate strategy via the acquisitions it intends to undertake.
Corporate growth is essentially achieved in three primary ways: organic growth, acquisitive growth or a combination of the two, which is the most common. And while most organisations rely on a corporate strategy to assist them in their organic growth, very few have developed an acquisition strategy to assist them in their acquisitive growth.
The disconnect that organisations perceive to exist between their corporate strategy (organic growth) and their acquisition strategy (acquisitive growth) may well be the reason for this as they are seen as two separate growth mechanisms with no overlap.
The reality is that any acquisition undertaken to achieve acquisitive growth, will eventually become a source of organic growth. This is effectively the link between corporate and acquisitive strategy.
An acquisitive strategy therefore, can be viewed as an extension of a company’s corporate strategy, which must translate into a set of criteria that must be met by any potential acquisition target.
DEAL ORIGINATIONOnce an organisation has developed its M&A strategy, it is imperative that this strategy is implemented in order to achieve its long term objectives. This entails identifying acquisition targets which comply with the stated objectives of the M&A strategy. Merchantec Capital has strong origination capabilities. The team’s understanding of its clients’ growth strategies, together with Merchantec Capital’s local and international network, proven systems and deal origination processes have facilitated the implementation of numerous successful transactions for our clients. As the only member of the Alliance of International Corporate Advisors (AICA) in sub-Saharan Africa, we have access to a wide network of professional advisors with cross-border experience and deep local networks.
DEAL EXECUTION & IMPLEMENTATION
With over half a century’s deal execution and implementation experience, the Merchantec Capital team, cognisant of the unique challenges which each individual transaction may present, offers bespoke, tactical solutions.
Our execution and implementation capabilities include:
- Valuation of targets;
- Deal Structuring;
- Due diligence; and
- Project management of the entire M&A process.