In any M&A transaction, the completion mechanism and SPA can mean the agreed headline price will differ significantly from the final consideration paid and received.
Buyers and sellers recognise the key roles the price-adjustment mechanism and the wider SPA fulfil, and the need to determine value and avoid, or mitigate, disputes through negotiation and execution.
If you're a buyer or seller, our expert team will help you navigate these areas to ensure your position is optimised and protected.
Advice on the choice of completion mechanism and clarity on the 'enterprise to equity-value', ensuring you're prepared for negotiations.
Advising one party on post-deal completion accounts, helping resolve an accounting dispute or acting as an independent expert determiner for both parties.
Advising one party to help resolve an accounting dispute or acting as an independent expert determiner for both parties.
You'll have the benefit of our unique integration of pre-and post-deal experts to protect value.
Our team combines completion-mechanism adjustment and dispute specialists to help principals and advisers reach an agreement on the SPA – protecting real monetary value, while reducing the risk of disputes. This specialist expertise is available to you for both domestic and cross-border transactions, across a full range of sectors.
We're the only integrated specialist SPA team with a focus on mid-market transactions.
Our team brings their insights and experience of more than 1000 deals to support clients on the full range of issues that can arise during a transaction: from negotiating ‘locked box’ or completion mechanisms and accounting warranties, to finalising completion accounts and earnouts; resolving disputes, and undertaking expert determinations.
