Private equity firms seeking new targets and large numbers of Baby Boomers leaving the workforce are just two of many trends contributing to increase M&A activity in the middle market.
AGH’s more than 75 years of experience as a trusted advisor for middle-market companies, combined with deep corporate finance and financial management expertise, delivers unique insight to help private equity firms acquire, manage, improve profitability and divest portfolio companies.
- Full-service capability – AGH has the technical resources and professionals to assist throughout the entire transaction, from acquisition to divestiture. We help evaluate opportunities through a risk-management approach to help formulate the right strategy for capturing the best value from the transaction.
- Efficient and cost-effective resources – Our team of professionals understands that timing is everything and there is no “one-size-fits-all” approach in transactions. We develop a customized, cost-effective approach tailored to your needs and delivered on time.
- Team approach – AGH believes in relationships with clients. While we are dedicated to a team approach, we understand the value of having one key contact at AGH. Although a transaction may tap into a variety of AGH’s resources, our team approach limits redundancy in communications to streamline your experience.
- AGH is not location-restricted. AGH’s client base is represented in 48 of the 50 states with US and international owners. No matter where a deal takes you, AGH will be there.
See recent case studies and sample projects.
Issues commonly identified in private equity transactions include inaccurate accounting, non-compliance within state and local tax, unsophisticated IT systems and sustaining employee buy-in. AGH has the tools to assist in these and many other situations critical to make a transaction successful.
Our services for private equity firms and their portfolio companies fall into several broad categories:
Services include, but are not limited to:
- Buy-side due diligence
- Assess earnings and cash-flow quality
- Analyze the expected assets acquired and liabilities assumed
- Evaluate recent and historical working capital
- Identify weaknesses in internal control and personnel
- Analyze the target’s financial projection analyses; review the purchase agreement
- Employee benefit reviews and risk assessments
- Sell-side due diligence
- Identify and remediate, if possible, risks early to accelerate time to close
- Improve accuracy of historical and projected financial information for inclusion in marketing materials
- Provide a buyer with a transparent, objective and credible view of the business
- Identify positive and negative adjustments that impact EBITDA
- Establish working capital targets and review net working capital prepared by the buyer
- Assist internal management with experienced resources to complete the transaction
- Increase competition between buyers and minimizing buyer negotiations after the letter of intent
- Maximize after-tax proceeds by addressing risks and optimizing the deal structure
- Transition and management services
- Outsourced accounting, CFO, HR, IT and other management assistance on a temporary, long-term or permanent basis.
- Strategic planning facilitation focusing on any of the following: customer retention, employee retention, and organizational alignment within the culture
- Executive coaching
- Retirement plan termination or conversion
- Payroll and HR information systems conversion or upgrades
Industry Team Leaders
Senior Vice President
State and Local Tax Services
Private Equity Team Leader