Financial investors require a dedicated team of advisers to complement and augment their own specialist knowledge and experience. In a short space of time, they need to identify and understand the deal-critical aspects of a transaction, including:

Key business drivers and their impact on profitability

Performance indicators and their relation to cash

Normalised cash flow and current cash burn

Adjusted and normalised net working capital

Debt and debt-like items, and repayment terms

Committed and essential capital expenditure

Management agreements and incentives

Financial projections assumptions and model integrity

Key contracts and business partners

Protection of Intellectual Property

Existing Shareholder Agreements

ILV SILVER works with most of Spain’s leading Venture Capital funds, as well as many Private Equity funds and investors from outside Spain.

Most deals are conducted in English, reflecting the international nature of investors and of target company ambitions.

PE Portfolio Advisory

With Private Equity, we conduct due diligence on both initial investments and portfolio company build-ups.

Private Equity deals usually involve a significant cultural change. We aim to make a complicated deal process more effective both before and after the transaction, with specific services:

Limited reviews of identified risk areas of target companies in advance of deal negotiations and agreement of a Letter of Intent

Assistance to target company management in the preparation and analysis of information in advance of more extensive due diligence investigations

Post-deal financial planning to ensure a smooth transition in financial management procedures of a business under new ownership

Development of management financial reporting tools and KPI dashboard

Assessment of key management and corporate organisation structure

Review of IT infrastructure and risk management