CORPORATE FINANCE
Our Corporate Finance Department, led by a dedicated team with many years of professional experience in corporate finance, provides consulting services on Business Valuation, Mergers, Acquisitions, Pre-IPO Transactions, Financial Modeling, Project Finance, and Capital Markets. Our Services Business Valuation As there has been an increase in the flow of foreign capital into the Turkish market in recent years, coupled with mergers between domestic corporations, more and more shareholders of companies wish to know the value of their shares these days. In addition to that, certain legal requirements (the applicable Capital Market and tax regulations in particular) and share transfers in family-run businesses or between shareholders also necessitates stock valuation. To assist you with your valuation needs, we offer the following services: Review of company operations and development of future Business Plans Valuation of business by using globally recognized methods (Net Asset Value, Net Book Value, Discounted Cash Flow and Coefficient methods) Valuation of minority interests versus majority interests Assisting the buy-side with conducting Purchase Price Allocation after the transfer of shares Valuation of goodwill
Mergers & Acquisitions Consulting We provide financial advisory services for all types of business acquisitions, divestitures and mergers involving share transfers. Buy-side Consulting The range of buy-side consulting services we provide include: Identification and analysis of potential sellers, and presentation of findings to the buyer Bringing the buyer and the seller together Provision of practical advice on the drafting of letters of intent Due diligence Valuation of the target business after the completion of the necessary due diligence, and active participation in bid revision and share transfer agreement negotiations Provision of assistance to buyers with satisfying preliminary legal, operational or financial requirements, if any, (e.g. requirement for obtaining the Competition Authority’s approval) contained in their share transfer agreements Active participation in identifying adjustments that would affect a target business’ value when closing the intended acquisition
Sell-side Consulting The services we provide to assist our clients with selling their minority or controlling interests to strategic or financial shareholders include: Assessing the readiness of the seller’s business with a focus on operational, financial, legal and tax aspects Preparation of documentation promoting the business intended to be divested Valuation of the business intended to be divested Financial analysis of the buyer’s letter of intent
Preparation of the seller’s business for due diligence (creation of a data room, process follow-up) Assessment of the buyer’s revised bid, and provision of advisory services jointly with our legal experts throughout the negotiation of the intended share transfer agreement Provision of financial consulting services throughout the negotiation of a shareholder agreement, if needed, Monitoring and coordination of the performance of preliminary requirements, if any, to be satisfied by the seller Active participation in price adjustments when closing the intended divestiture