KROST can assist in the mergers and acquisitions process, whether your company is selling, buying, financing or re-capitalizing, to ensure your goals are met. Our comprehensive strategy and hands-on services provide companies with a step-by-step guide from pre-planning to the finish line and beyond. No matter the circumstances, our team of specialists has you covered.
M&A: Sell-Side
As a company begins the process of a sale, recapitalization or financing, it important that it is prepared for the detailed analysis of its financials that inevitably comes with such a proposed transaction. KROST can prepare the company before, during and after a transaction in the following ways:
- Ensure that its books are in good order and compliant with the standard of accounting the buyer/investor would want to see. This may include analysis of the accounting software and suggested improvements to accounting practices
- Prepare reviewed or audited financials if required
- Maximize the EBITDA of the company after consideration of add-backs or non-operating expenses
- Prepare historical financials and projections to include in the company’s offering memorandum
- Work with the company’s legal counsel and other professionals to ensure the transaction structure is tax efficient for its shareholders
- Participate in the due diligence process to ensure accurate and consistent information is communicated to the buyer/investor
- Ensure working capital adjustments are calculated according to fair market principals
- After a transaction, ensure a smooth transition of the company to the buyer’s/investor’s preferred accounting systems
M&A: Buy-Side
As a company begins the process of an acquisition or merger with a chosen target, KROST can help it in the following ways:
- Analyze the target’s financials and produce a quality of earnings (QOE) report
- Assist with the underlying calculations necessary to produce valuations of the company and/or the target
- Produce pro forma look-back and projections of the merged entity
- Produce the necessary financials to satisfy the requirements of a lender (in the case of a leveraged acquisition)
- Work with the company’s legal counsel and other professionals to ensure the transaction structure is tax efficient for the company and its shareholders
- Participate in the due diligence process to ensure accurate and consistent information is received from the target
- After a transaction, ensure a smooth transition of the target to the company’s preferred accounting systems
At KROST, Your Success is Our Bottom Line
Our philosophy of working hard, finding opportunities for our clients, and keeping their best interests in mind has helped our clients achieve their financial goals, which in turn has helped us achieve ours. This philosophy has contributed to the development of long-term business relationships based on trust, confidence, and mutual respect.
Paren Knadjian
Practice Leader – M&A and Capital Markets
Paren is the practice leader of the M&A and Capital Markets group at KROST. He comes with over 15 years of experience in mergers and acquisitions as well as equity and debt financings. » Full Biography
