Mergers and acquisitions

Drive your growth

PwC will assist you throughout the whole transaction process in all aspects of the deal necessary to deliver expected results. Mergers and acquisitions are complex, multi-stage processes – professional support enables to maximize the value for the client and to mitigate potential risk.

We can support you to elaborate and implement your preferred value maximising strategy in a transaction, leveraging on our knowledge of the Romanian market and on the expertise and connections of a global Corporate Finance network.

As a sell-side advisor we will be using our unrivalled skills in managing buyers’ expectations and our strong track record of advising on transactions, especially with Entrepreneurial Private Businesses (EPB). We can provide a tailored sell-side advisory package to suit your needs which includes strategy planning, transaction process management, marketing documents and strategy, assistance in analysing and assessing price offers, conditions & strategies, negotiating deal value and transaction.

A well-structured competitive process will result in a premium price and in achievement of all stakeholders’ objectives.

PwC Romania's M&A team finalised a significant number of large transactions. Everything we do represents us, and I hope to continue to deliver successful projects with exceptional clients. Through our deals, we either validate, together with our EPB clients, the value of companies that have become local and regional champions or provide M&A advice to strategic or private equity clients to shape transformation, identify negotiating edge, reflect potential synergies with each target and achieve sustainable growth.

George Ureche, Partner, M&A

From the day we start cooperation, we provide you with complete transaction management in a tailored manner to fit your needs:

Our approach will allow to maximize the number of potential investors / targets and improve the competitiveness and business terms of the potential transaction;
We will prepare professional transaction documentation necessary for optimizing the price and conditions of the transaction;

PwC will coordinate cooperation during due diligence to minimize the risk of outflow of information about the process;
We will assist you in negotiations as well as assess and inform you of the impact of negotiated business terms on the value of your transaction and of the risks involved.

OUR SERVICES

Buying or selling businesses, raising capital and driving funding efficiencies are complex decisions facing our clients. Our team of experienced, execution focused investment bankers work with your team throughout the deal lifecycle to create, preserve, and realise results that make an impact.

Selling a business.
Buying a business
Management Team advice. Fundraising for GPs.
Deal origination

Smart deal makers are perceptive enough to see value others have missed, flexible enough to adjust for the unexpected, aggressive enough to win favourable terms in a competitive environment, and circumspect enough to envision the challenges they will face from the moment the contract is signed.

We offer integrated solutions, tailored to your particular deal situation and designed to help you extract peak value within your risk profile. Whether your focus is deploying capital through an acquisition or joint venture or harvesting an investment through the divesture process, we can help.

Buy and integrate

Whether you’re looking to grow your current business or expand into new regions, the M&A market is defined by its complexity and pace. We can help you set a clear path ahead. Our value creation approach brings data-driven insights, sector-specific expertise and local knowledge to ensure you’re informed and confident to make the right decisions for your business.

The PwC Difference

Our laser focus on preserving and creating value on your next acquisition is embedded at our core. We take it ten steps further, looking for productivity gains, cultural roadblocks, financial and tax improvements and digital transformations, just to name a few value levers we pull. Our approach breaks down the M&A cycle into phases, which we can help throughout the entirety or be a trusted advisor to you in a phase where you might need additional support.

Acquisition planning
- Deal strategy
- Value Creation Planning
- Acquisition accounting
Deal Execution
- Buy-side due diligence
- Integrated tax planning
- Valuations
- People (workforce related business)
- Deal analytics
Post-deal value creation
- Integration project management
- Digital transformation

Sell whole, spin off or carve out – find the right solution for your needs.

The PwC Difference

Whether you’re looking to spin-off, carve-out a piece of your business or sell an entire company, the right divestiture can streamline efficiencies and free up capital to grow. Access a global network of seasoned specialists to help you position your assets for maximum value.

Most of the post-deal studies out there highlight that most Divestitures underperform their industry benchmark medium-term, post completion. What makes the difference is experience doing divestments and a playbook to avoid value destruction. Engaging more with the management team and optimising the assets from a tax and legal perspective. We know this because we do this every day. Working with us enables you to focus on RemainCo, while we focus on a clean separation.

Divestiture Planning
- Deal strategy and planning
- Value Creation Planning
Deal Execution
- Sell-side due diligence
- Tax and Legal considerations.
- Valuations.
- People (workforce related business)
- Deal analytics
Post-deal value creation
- Carve-out accounting and restructuring.
- Separation project management.
- Operational readiness