Marsden Advisory, Our services, South African expert corporate finance transactors

Project management of transactions from initiation to close: acquisitions, ventures, disposals, BEE, debt financing, corporate and debt restructuring
Financial modelling, valuations, desktop research, business and financial reviews
Information documents and analysis for external parties (e.g., disposals, financing)
Information documents for internal approval processes
Scoping and managing due diligence processes, including data rooms for disposals
Negotiation and drafting of terms and agreements
Interaction with and co-ordination of investment banks, lawyers, accountants, tax advisors and other transaction parties
Overseeing regulatory processes
Monitoring conditions precedent and ensuring that transactions are fully implemented

We provide expert resources as well as executive input and oversight on Corporate Finance.

Distinct from a typical Investment Bank function:
- Resources are located on site, are involved in the business and are driving transactions
- Outsourcing provides capacity and support to CFO and/or existing internal corporate finance resource when short-staffed
Distinct from the internal CFO/FM role:
- We provide dedicated focus
- We act as an independent arbiter and provide expertise during the transaction process

Proactive transaction sourcing and evaluation
Ownership, accountability and project management throughout transaction lifecycle – external services typically engage and disengage through the cycle
Dedicated focus – transacting is a winding, frustrating journey – momentum can be lost quickly and/or deal fatigue sets in
“Independent” arbiter and expert – not conflicted to do a transaction at any price but also inclined to find a “fair” deal for all parties
Experience managing the people dynamics within the company and with the other side
Targeted and cost-effective use of external experts (tax, DDR, legal)
Maintain institutional memory
Standardised methodology and transaction templates
Experience of reporting requirements for CFO/CEO, exco, investment committee, board

We can help you simplify your corporate structure and maximise benefits through Divisionalisation.

Commercial merits:

Provides flexibility to alter business groupings as developments arise
Centralisation and sharing of resources, including funding, IP, products, people
Facilitates shared services and cost efficiencies
Simplifies BEE ownership structures and ratings processes
Simplifies legal corporate structure
Significantly reduces statutory and regulatory costs
Minimises need for cross-guarantees on debt funding with businesses in one legal entity

Substantial tax benefits and simplification:

Avoids trapping tax losses (e.g., central/head office under-recoveries, new ventures)
Restructuring historic, non-tax deductible (non-productive) interest
Incubation and IP development tax efficiently
Interest on internal loan funding to acquire businesses into divisionalised entity will be deductible for tax purposes