Confianz

How to prepare for a business sale

Selling a company is not a decision to be taken lightly, or a process which can be improvised. A transaction of this calibre requires meticulous and solid planning which maximises value and minimises risk.

Due Diligence as a strategic necessity in M&A transactions

Due diligence has evolved from a simple validation process to a strategic tool which is necessary to ensure the long-term success of an M&A transaction.

Corporate restructurings under new regulations

With the recent tightening of merger and acquisition regulations in both Europe and the United Kingdom, the challenge of corporate restructuring has reached new dimensions.

The impact of M&A regulations in Europe and the UK

As regulators continue to strengthen their oversight, we are likely to see an increase in approval requests and the number of conditions imposed on M&A transactions. However, companies that prepare adequately and adopt a proactive approach will be better positioned to seize opportunities.

The impact of EU regulations on M&A transactions

M&A transactions in Europe are heavily influenced by a complex set of regulations that companies must know extremely well in order to protect themselves and ensure compliance.

Key Issues and Perspectives in M&A in Spain

As inflation slows down and interest rates stabilise, we observe an increase in liquidity and a revival in M&A activities. Companies are now seeking to diversify their risks and capitalize on opportunities in a market that appears more promising.

M&A and key points in the integration of a start-up into an established company

Mergers and acquisitions are a cornerstone of growth and innovation in the corporate world. Having the capacity to tackle their challenges effectively and with a human touch will be decisive for companies seeking to lead in the era of digital transformation and constant innovation.

Technology and ESG criteria are reshaping investment strategies

The focus on ESG criteria has redefined decision processes in M&A. Companies do not only seek financial returns, but are also considering the social and environmental impact of their investments.

The necessary shift of Due Diligence towards sustainability

In 2024, due diligence and sustainable corporate governance will remain areas of critical interest for EU companies. The adoption of the CS3D and related regulations will not only set new legal standards, but also drive companies towards greater sustainability and corporate responsibility.

Global Outlook for M&A in 2024

We expect a considerable increase in M&A for 2024, thanks to possible international tax cuts, greater economic certainty and the accelerated take-up of emerging technologies.

A strategic vision for M&A in 2024

With a predicted EUR180 million destined for acquisitions, next year promises to be a period of significant transformation for large Spanish and European companies.

M&A: Trends and Experience

As the second half of 2023 approaches its end, the M&A landscape is characterised by a refined strategic focus. Mid-cap transactions have become the foundation of the M&A market, allowing companies to gradually advance their transformation strategies.

Generational change as a driver of M&A transactions

In Spain, 1.1 million SME´s are facing the challenge of generational replacement

The rebound of M&A in 2023

After a slow-down due to the war in Ukraine, 2023 is witnessing a notable resurgence in the Spanish M&A market. There is still much uncertainty, but also cause for optimism for the second half of the year.

A legislation update on foreign investment in Spain

Thanks to recent reforms, foreign investors will be able to reduce burdens and administrative barriers, while response and resolution times are reduced.

The role of venture capital in investment banking in the first half of 2023

The global economic environment, always in flux, can bring unexpected opportunities for those willing to adapt and evolve. Investment banking is a notable example.

The convergence of Tradition and Technology is transforming Venture Capital

The venture capital landscape is undergoing a significant transformation at the core of the Spanish economy. Driving this change are deep transformations which are taking place at the intersection between traditional companies and technology.

Corporate governance and risk management: essential for the success of M&A transactions

In a globalised, highly competitive environment, companies must pay particular attention to corporate governance and risk management issues, as they can make the difference between a successful deal and one which brings problems in the longer term.

Profitable investments in Spain: The distressed deal trend

The increase in distressed deals is a growing trend in M&A in Spain in 2023. Political and economic uncertainty is generating more and more of these kinds of transactions, which focus on the restructuring of companies undergoing financial distress.

A wave of mergers is forecast in the insurance sector

M&A transactions in the insurance sector are expected to increase in the coming months as a response to higher operating costs and reduced profit margins for Spanish insurance companies, especially those specialising in car insurance.

SECONDARY BUYOUTS REACH NEW HEIGHTS IN SPAIN

Secondary buyouts by private equity firms have increased very significantly in Spain in the last year, as more and more venture capital firms are relying on other international funds to sell their best assets.

M&A in the Spanish real estate sector increases by 65%

A large part of M&A activity in the Spanish market is currently focusing on the real estate sector. According to Transactional Track Record data, between January and November 2022 the value of completed or announced deals in the real estate sector amounted to EUR12,780 million.

M&A forecast for 2023: the role of private equity

High inflation, the rise in interest rates and their effect on the financing of M&A deals are having an impact on the market. However, experts are predicting that private equity investments in Spanish companies will set a new record in 2023.

M&A: FOUR BUSINESS VALUATION METHODS

In M&A, an objective valuation process is a key element in the eventual success or failure of the deal. Using a precise, reliable method which considers all possible variables and gives an accurate valuation of the business is of paramount importance.

REPRESENTATIONS & WARRANTIES CLAUSES IN M&A DEALS

R&W are meant to determine and apportion any potential risks that are intrinsic to M&A transactions, and should be an inseparable part of any M&A agreement. They must be written very carefully to avoid any potential misunderstanding or conflict.

Tax consolidation: when to adopt a holding structure

Tax consolidation can be a compelling option for many businesses, but in-depth analysis of all variables is essential in order to avoid scenarios in which it could be counterproductive.

These are the most active sectors for M&A in 2022

Now that the first half of 2022 is over, we can look back at the available data on mergers and acquisitions across different industries. The Real Estate, Healthcare and Insurance sectors have been the most active in terms of transaction volume and value.

How a company can gain the trust of investors

We live in uncertain times. The current socioeconomic scene is subject to rapid changes and turbulent market conditions. This context results in a clear need to build up confidence, which is the foundation for the most solid investment decisions.

Confianz advises on the purchase of Implika by KKR

Confianz has played a leading role providing legal advice on the acquisition of Grupo Implika by investment fund KKR.

Key points in the sale of a going concern

2022 could be a prolific year for mergers & acquisitions in Spain, with investors seeing a window of opportunity despite the uncertainty arising from the pandemic and the conflict in Ukraine.