Mergers and Acquisitions (M&A) are among the most complex activities that an enterprise can undertake. In today's business environment, mergers and acquisitions of middle market businesses are occurring with greater frequency. Strategic buyers and private equity firms with significant amounts of capital are fueling the growth in middle market transactions.
These facts, combined with high multiples for sellers, have created a market ripe to consummate transactions. An effective M&A strategy requires careful planning, including engaging the right advisers to assist in navigating through the intricacies associated with completing an M&A transaction.
Marcum LLP has responded to the needs of buyers and sellers of middle market companies by the creation of a distinct group within our firm to meet these demands. Our Transaction Services Group includes accounting, tax, valuation and other consulting professionals with the expertise needed to provide strategic and private equity buyers with accounting, tax and business advisory services unique to M&A transactions.
At Marcum, our Transaction Services Group professionals recognize that each transaction is unique and the suite of services to be provided can vary from one transaction to the next. We tailor our approach to complement the buyer's or seller's areas of need and provide strategic advice to assist our clients in minimizing the risks associated with a transaction. Our objective is to provide mission critical M&A support by placing a strong emphasis on stakeholder value and identifying key risks and benefits early in the process.
Marcum Transaction Services Group's core services for buyers and sellers include:
Financial Due Diligence
Quality of earnings reviews which include reviews of:
External Auditor Workpapers
Customer and Vendor Relationships
Management Information Systems
Compensation and Benefits Contract
Corporate Governance Functions
Analysis of Industry Trends and Market Outlook
Analysis of Working Capital and Cash Flow Requirements
Transaction Advisory Services
Asset and Stock Sale Comparisons
338 h(10) Elections
Tax Minimization Strategies
State & Local Tax Analysis and Planning
Transaction Financing Assistance
Analysis of Securities and Exchange Commission Requirements
Review of Asset and Stock Purchase Agreements
Tax Attribute Preservation
Sell-Side Exit Strategies
Sell-Side Preparation of Business or Division to be Sold
Business Combinations, Recapitalizations, Leveraged Buyouts and Reverse Mergers