Vendor assistance
What is vendor assistance?
Increasingly, on large M&A transactions, our clients are demanding a wider range of services from their advisers to support the disposal process. Deloitte has developed a separate Vendor Assistance service in order to provide a comprehensive offering to mitigate potential impediments to sale whilst de-risking and shortening the transaction process. It can be either a precursor or instead of a vendor due diligence, depending upon the specific circumstances of the transaction.
Vendor Assistance is the provision of any combination of a number of value add services, including:
- Accounting advisory services
- Carve out
- Data room support
- Operational and commercial reviews
- Pensions and vendor assistance
- Project management
- Risk review
- Sale and purchase agreement advice
- Tax vendor assistance
- Vendor modelling
What are the benefits?
The aim of Vendor Assistance is to provide ongoing support to a company that is considering the sale of all or part of its business. We are able to provide support in all areas to:
- Assess whether or not the business or business units are ready for separation and divestment, following an initial diagnostic.
- Identify the major areas where separation activity is required.
- Understand the applicability of existing or past plans for proposed separation.
- Work with the vendor to establish and execute a carefully coordinated operational carve out plan.
- Provide assistance to prepare standalone financial information for the carved out business, including tax and pensions information, that is robust and fit for a sale purpose in terms of audited carve out financials, vendor due diligence, data room and valuation model.
- Keep control over the timetable at all stages of the project, including due diligence if vendor due diligence is undertaken.
- Advice on best practice during a disposal process e.g. restrictions on communications with potential purchasers.
- Provide hands on support through all stages of the sale process, including bidder meetings, advice on the sale and purchase agreement and completion accounts.
Material on this website is © 2013 Deloitte Global Services Limited, or a member firm of Deloitte Touche Tohmatsu Limited, or one of their affiliates. See Legal for copyright and other legal information.
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte Touche Tohmatsu Limited and its member firms.