Turnaround and Restructuring
We support and invest in businesses that need turnaround and restructuring services but lack the necessary skills and additional funding. Our restructuring professionals have experience in steering distressed businesses towards a stronger position. The objective is to assist management to work through episodes of significant financial and operational distress without having to resort to formal insolvency arrangements.
We rescue and preserve the going concern value of distressed businesses that are insolvent but are potentially viable, through:
- Providing additional finance and financial restructuring;
- Operational turnaround;
- Market refocusing; and
- Change management
A public rating evaluates the BEE status of companies based on:
- Direct Empowerment (Ownership and Management Control);
- Human Resources Development (Employment Equity and Skills Development); and
- Indirect Empowerment (Preferential Procurement, Enterprise Development and Social-Economic Development);
Companies with a turnover of between R10 million and R50 million will be rated according to the Qualifying Small Enterprises (QSE). Companies with a turnover higher than R50 million will be rated against the Generic Scorecard (as set out in the Codes of Good Practice for B-BBEE).
We also provide private assessment where a company can undertake BBBEE assessment without the commitment to release the rating to the public. It allows the rated entity to evaluate their existing status and implement corrective measures.
BBBEE Advisory Services
We support and guide companies in the design and implementation of empowerment initiatives and evaluate the proposed initiative against the industry’s best practices and identify any potential gaps. The findings from the analysis will highlight the benefits, opportunities and risk presented by the company’s BEE initiative. We will also assist companies to implement their BEE initiatives effectively. We analyse the impact of transactions on the economic empowerment status of the acquirer and target firms. The service aims to reduce the potential risks associated with unsustainable empowerment structures. It aims to enhance the value of empowerment transaction to both buyer and seller.
We offer BEE partnering service, tailored for medium-sized non-B-BBEE entities wishing to comply with the ownership element of the Codes of Good Practice, through the introduction of a B-BBEE partner. We facilitate and source suitable BEE partners for your business. We will source partners that will add value and assist in expanding your business.
We provide objective, unbiased advice on a range of financial transactions undertaken by corporations, financial institutions and governments in South Africa. In our role as a business advisor, we work on equity and debt transactions undertaken in South Africa’s key markets for clients operating in every sector. We advise on the full range of corporate transactions, including mergers and acquisitions, joint ventures and corporate re-organisations. Our services include:
Merger and Acquisitions
Whether you are the buyer or seller, our team will investigate potential opportunities, analyses the risks, threats and offer recommendations. Mergers and acquisitions transactions typically raise complex financial, regulatory and operational issues. Price remains a critical factor for acquirers and sellers, but dozens of other matters must be managed effectively to close deals. We provide objective advice on a range of financial transactions undertaken by corporations and financial institutions in South Africa. Our services include:
- Valuations of shares and businesses for various purposes;
- Capital raising;
- Transaction structuring; and
- Consolidation and expansion strategies.
We perform due diligence reviews to assist you with your viability assessment, regulatory requirements, tax structuring and financial modelling. We also act as intermediaries in closing transactions and assist in finding prospective buyers and sellers. Our due diligence services include:
- Financial due diligence;
- Market due diligence; and
- Operational due diligence.
Your new business should be built on a solid foundation, with a suitable business structure and expert guidance. We can lead you through the myriad challenges and questions confronting your new venture, we can assist you with the following:
- Preparing business plans;
- Access to finance; and
- Appraising new investments.