The Time Factor in Dealmaking
A M&A deal dynamics can be simplified and visualised to its three core characteristics. To this effect, it can be shown as a triangle with three variable factors placed in each corner – Asset, Price and Time. The purpose of dealmaking is reaching an agreement on at least those three fundamental aspects. All conditions equal, […]
Closing is not Simply Exchanging a Closing Memo and a Closing Binder
Dealmaking is a dance with a uniquely complex, dynamic and unrehearsed choreography. Numerous factors come into play. Ticking all the boxes, satisfying or waiving the conditions precedent (merger clearances, regulatory and third-party approvals, etc.), every step duly documented and catalogued in a closing memo and a closing binder, and ultimately celebrated at a stylish closing […]
Memo of Pavel Hristov on Dealmaking in the Current Economic Cycle
This is not simply a market correction. It is a downward phase of the current economic cycle and its effects on dealmaking will be lasting. There are also new opportunities for both buyers and owners. Please read our memo and let us know of your thoughts. Memorandum Hristov Partners MandA Outlook Q2Q3 2023