In the context of constantly-changing accounting regulations and demands from business management, the finance function of your business is under constant pressure to perform, adapt and improve.

Serving as an extension of the office of the CFO, ILV SILVER provides the technical support and additional bandwidth to successfully execute and implement strategic transformations.

We help you navigate operational and financial changes that arise from process improvements, emerging accounting standards, ERP implementations and transformative transactions.

We can help your finance team maximize your financial operations to reduce cost, increase margins, improve scalability and gain competitive advantage.

Preparation and review of business plans

For a possible transaction or refinancing, or for clearer financial planning, we help with the preparation of financial projections, including:

Identification of business KPIs

Determination of historical and projected trends

Detailed analysis of the timing and costs of action plans or restructuring

Cash flow projection

Overall sense check to ensure future financial projections are consistent with historical performance

Business Financing

ILV SILVER helps businesses to achieve financing. Following identification of financing needs, we assist in the search for funding, and in negotiations, in order to secure optimal short, medium and long-term financing solutions. We analyse company and specific project financing requirements in order to determine the most appropriate financing source, either national or international.

We use or team of tax and legal professionals to advise on the tax consequences of financing operations, and to ensure legal compliance and validity.

We also perform pre-bank lending reviews of refinancing due diligence services, working closely with both financing institutions and company management to ensure clear lines of communication and clarity with respect to financial information presented.

Preparation for sale

In advance of a possible sale, owners and management need to ensure that their business is fit for sale. ILV SILVER offers Vendor Assistance and Vendor Due Diligence services to ensure the seller maintains control and maximises deal value.

Purchase Price Allocation (PPA)

In the context of business combinations, a Purchase Price Allocation (PPA) is required to allocate purchase value to acquired assets. This usually involves the allocation of value to identified intangible assets, to which no value has previously been attributed for accounting purposes.

Valuation of intangible assets requires an understanding of the business and of the interrelationship of the various business value drivers.

We carry out PPA exercises under IFRS, UK GAAP and Spanish GAAP for any business sector.

Impairment Tests

Under IFRS and Spanish GAAP, impairment tests are required for certain assets, most notably for goodwill and intangible assets with an indefinite life. The objective is to ensure that the operational value of an asset reaches a certain minimum and is not to assess market value

We carry out impairment tests for companies in Spain with subsidiaries operating both locally and globally. We ensure that the impairment tests are sufficient for local legislation, but not excessively complicated.

Start-Ups

ILV SILVER has advised on several hundred Venture Capital deals, providing not only due diligence services, but also legal and deal execution advisory.

As a result, from being on the other side of the table, we know how start-ups think.

We understand the various stages of the business cycle that your organisation will experience, and will be with you every step of the way. Led by our financial advisory team, we can help with legal structuring and key agreements, business and personal tax, audit and accounting advisory services.