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Mergers & Acquisitions (M&A)

Cutting through complex issues to provide pragmatic, commercial and tax efficient solutions for your M&A needs

Buying, selling, or refinancing a business has the potential to be complex. Undertaking due diligence is important to ensure you are fully informed, enabling you to maximise value, identify, and where appropriate mitigate, financial and tax risks.

Blick Rothenberg’s Transaction Services team provides high quality with a tailored, Partner-led approach. Our tax buy and sell side due diligence and vendor assistance services add clarity, efficiency, and value to a transaction process, providing our independent view to assist your decision making.

Understanding your M&A needs

The UK continues to provide an exciting platform for entrepreneurs and fast-growing businesses, meaning M&A activity remains buoyant with investors from the UK and overseas.

Tax continues to play a key role in any transaction, whether it’s buy or sell side, with an ultimate impact on net returns for the vendor and exposures for the purchaser.

The variance in tax efficiency between a transaction where tax advice has been prioritised and one where it hasn’t remains stark.

Whether you’re an investor, a business expanding through strategic acquisitions or a vendor looking to exit, understanding the tax implications, risks and planning opportunities of any M&A transaction is critical.

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Buy side and sell side Support

When acquiring a business, you want to understand what you are buying and the potential tax risks associated with this acquisition. Therefore, tax due diligence is an important part of this understanding and knowing the target’s compliance around corporation tax, employment taxes and VAT and our team will work with you to identify the tax issues that are relevant to you and your stakeholders.

When selling a business being prepared and anticipating the areas of focus and tax questions that are likely to come from potential acquirers and how you will respond is key. By being ready to provide interested parties with robust information on day one, you will be able to maintain positive deal tension, reduce the disruption to your day-to-day business and maximise value. Our support will be tailored to prepare you for your specific process and subsequent buy-side due diligence. We will work with you, be that helping assess your transaction readiness from a tax perspective, considering if any pre-deal tax structuring would be appropriate, through to vendor assistance work.

M&A Shareholder Transactions Header

Shareholder Transactions

If you are an entrepreneur or founder, your business is likely to be your most valuable asset resulting from many years of hard work.

Whether you are thinking about a complete disposal or a partial exit, the process is likely to be time consuming, stressful, at times frustrating, and you’ll still need to ensure that you’re focussed on the performance of the business throughout this critical period.

Find out more about the tax consequences and considerations for individuals who are selling part, or all, of their business.

Our people, your partners

The key to providing tax advice on any M&A process is the ability to cut through complex issues accurately but quickly, delivering concise messages, recommendations, or choices in a highly commercial manner.

Blick Rothenberg does just that, providing tax advice on all types of M&A transactions, including corporate acquisitions, private equity, and venture capital buy-outs, reorganisations and demergers.

We not only provide the tax advice on M&A transactions, Blick Rothenberg’s M&A Tax team provide tax buy and sell side services that add clarity, efficiency, and value to a transaction process. We are a multi-disciplinary team covering direct and indirect corporate, shareholder and employee taxation.

The M&A Tax team has more than 20 years of experience in providing advice to private equity, corporates, owner-managers, and family offices from the UK and overseas, covering due diligence and structuring on their transactions in the UK, as well as advising and assisting corporate and individual vendors with the sale process and optimising their tax position.

How we can help

We can assist with advice in the following areas:

Buy-side

  • Tax Due Diligence
  • Pre-sale restructuring
  • Acquisition tax structuring
  • Personal tax planning
  • Post-completion tax compliance and reporting
  • Tax review of legal documentation, i.e. sale and purchase agreements
  • Design and implementation of employee shares and options
  • Structuring of purchase consideration

Sell-side

  • Vendor tax due diligence
  • Transaction readiness assessments
  • Pre-transaction reorganisations
  • Pre-transaction tax planning and modelling for vendors
  • Reviewing transaction legal documents, i.e. sale and purchase agreements
  • Sell-side tax structuring advice, including reviewing earn-out structure
  • Advice on roll-over relief for employees owning shares

Post-deal services

  • Post-completion tax advice, compliance, and reporting
  • Legal entity / group rationalisation
  • Transfer pricing and supply chain integration
  • Advice on post-transaction retention of staff, including advice and implementation of incentivisation arrangements

Contact Chantal

Chantal Van Stipriaan 25
Chantal van Stipriaan
Partner
View Chantal's profile