ArticleAccounting
A German BWA alone is not management reporting.
A BWA provides a useful view of financial performance. Strong management reporting turns reliable monthly numbers into information management can act on.
Insights.
Deals, articles and perspectives across Legal, Tax & Accounting.
ArticleAccountingTax
What does accounting cost for a German GmbH?
Accounting fees follow the setup. Transaction volume, entities, payment flows, monthly close and reporting determine the real scope.
ArticleSearchersM&A
An earn out does not resolve a purchase price dispute. It postpones it.
Earn-outs can bridge valuation gaps in Searcher deals, but performance, control and verification must be structured together.
ArticleM&A
Purchase Price Mechanisms in M&A: Locked Box or Closing Accounts?
Locked Box or Closing Accounts? An overview of purchase price mechanisms in M&A, including Leakage, Net Debt, Working Capital and purchase price adjustments.
ArticleM&ATax
How Much Does M&A Advisory Cost When Buying a Business?
Buying a business involves more than the purchase price. An overview of M&A advisory fees, legal fees, due diligence, financing and other transaction costs.
ArticleSearchersM&A
The Seller Leaves After Closing. The Know-How Should Stay.
Seller dependency should be identified early. A clear handover plan keeps customer relationships, operational knowledge and responsibilities in the business after closing.
ArticleSearchersM&A
Customer Concentration in a Search Fund Acquisition: When One Customer Accounts for 40% of Revenue
One customer generates 40% of revenue. For a searcher, that figure can directly affect valuation, financing and deal structure.
ArticleSearchersM&A
Legal Due Diligence for Searchers: From Findings to Deal Decisions
Legal Due Diligence in a searcher deal should answer five questions. A finding only becomes useful once its consequence for the transaction is clear.
DealM&ACorporate
CLIQ advises buyer side on acquisition of an established medium-sized business in Thuringia
CLIQ advised the buyers on the acquisition of an established medium-sized business in Thuringia by way of an asset deal in the single-digit millions.