M&A Process

Proposal
Discussion of basic conditions
Preparation of Basic Agreement
Adjustment of the basic agreement
Execution of the Basic Agreement
Industry Analysis
Industry Research
Initial data
request
Preparation of company
information materials
Non-name sheet
Non-name sheet
Company profile sheet
Company profile sheet
Initial VAL
Implementation
Creation of
long list
Contact potential
buyers
Initial VAL
Implementation
Conclusion of
non-disclosure agreement
Discuss transfer
price
Conclusion of
outsourcing contract
Interview with
top management
Preparation of
Letter of Intent
Individual Consultation
Submission of data
Confirmation of company
information materials
Price Alignment
Decide whether or not to
approach a potential buyer
Acceptance of
letter of intent
Conclusion of
outsourcing contract
Individual Consultation
Initial review
Detailed Examination
Buyer
M&A DX
Seller
Adjustment of final terms and conditions based on the transfer agreement
Execution of transfer agreement
Prepare closing list
Value calculation
based on DD
Payment and Receipt of Consideration
DD correspondence
Research support
Fulfillment of closing
Detailed analysis
Confirmation of
fulfillment of
closing conditions
Integration Process
・Data collection
・Question and answer
・Handling interviews, etc.
・Arrangement of documents
・Coordination of
interview schedule, etc.
・Request for
additional materials
・Questioning of documents
・Interviews, etc.
・Settlement of funds
・Delivery of shares, etc.
Step
01
Step
02
Step
03
Step
04
Step
05
Step
06
Step
07
Sourcing
Matching
Basic
greement
Various
Surveys
Final
agreement
Closing
PMI
Closing support
Integration Support
・Confirmation of progress
・Preparation of DRAFT, etc.
・Operation optimization
・Planning
・System Integration
・Sales visualization (verbalization)
・Accounting and financial structuring, etc.