Mergers, Spin-Offs, and Divestitures
In technology markets there are many private-to-private transactions, usually structured as a “merger of equals”, often completed without the involvement of an investment bank. In such a deal, management of the two companies may be able to resolve most issues (e.g. post-transaction management structure, combined product line, etc.) without an outside advisor, but cannot agree on relative valuation.
In such cases, Teknos can provide an analysis and valuation of each company to facilitate an agreement – investment bank quality analysis without an investment bank size fee.
In the same vein, a company considering a sale, spin-off, or other divestiture of a part of its business must consider whether the value it is receiving is adequate and fair and may want some assistance in structuring the transaction.