The headline deal value of a transaction can fluctuate up to 5%, purely through the cash accounting aspects of the sale and purchase agreement.

Deloitte’s Corporate Finance Transaction team advises mergers & acquisitions (M&A) clients on the cash accounting implications of the transaction agreements being negotiated.  This includes purchase price adjustment mechanisms and the structure of completion accounts policies.

Drawing on our substantial experience in transaction disputes, and working closely with your legal advisors, we can assist you in developing contractual solutions to accounting or commercial issues identified by the core Deloitte team.

This unique service offering offers our clients a significant advantage in the M&A process and could change the entire economics of your transaction.

Specialist expertise

We assist our clients in achieving a clean exit at a predictable price (sell side) or to set out the purchase price mechanism and have remedies in place if the business’ financial position is not as expected (buy side). Our Sale and Purchase Agreement (SPA) team can help you if you are:

• considering an acquisition or disposal
• submitting an offer letter or agreeing a memorandum of understanding
• reviewing a draft Sale & Purchase Agreement 
• drafting or reviewing completion accounts.

For further information about our SPA capabilities, please contact Shauna Robinson.