Due diligence & transactions

When you want to be successful in business you need to be faster than your competitors as a company and as an individual account manager. Where business develops fast, administrative burdens and details are a pain in the neck. They only slow you down, don’t they? The psychology of successful people often entails that all their energy goes into concluding the deal and the next deal, but neglects detailed recording of activities and filing of underlying documentation. This often remains hidden for a long time and sometimes only comes up when you try to sell your company. Then the interested party commences a so called due diligence, asking you to provide, in a structured manner, all documentation (legal as well as financial) underlying the business of your company. Both the information itself and the quality of its presentation often play a major role in the determination of the final purchase price. Similarly, when you are contemplating an acquisition, merger or joint venture, it may be wise to do a health check of your future partner, to make sure that you are paying the right price and prevent any unpleasant surprises down the road.

Brinkhof is often involved in helping out other law firms as well as companies with setting up and executing a due diligence exercise in our areas of expertise. This may be in relation to a merger or acquisition or when you just want to check the quality of your business and administration in the light of sound governance principles.