PricewaterhouseCoopers Corporate Finance provides comprehensive financial, economic and strategic advice to companies facing complex business challenges.
Our Corporate Finance team has developed a reputation for excellent advice, strong relationships and high levels of independence in relation to advisory and M&A mandates, since our advice is distinct and independent from financing. These attributes, coupled with a vast range of experience, have made PricewaterhouseCoopers Corporate Finance a key corporate adviser in the Southern African Market. Our position has been reinforced through the completion of key local and cross-border deals. For every deal, we are able to draw on the full range of PwC services – including due diligence, tax and other specialised advice.
Our highly dedicated and experienced merger and acquisitions team is able to identify opportunities, assist in deal structuring, lead negotiations for mergers and acquisitions, disposals, corporate listings, management buy-ins and management buy-outs. The PwC CF team is also highly regarded on advising companies and black economic empowerment (BEE) groups on BEE transactions and finance raising. Through our international industry-specific expertise and networks we can add value to your chosen corporate strategies.
In relation to pursuing growth opportunities or divestitures, our dedicated and exclusive merger and acquisitions research resources are able to identify opportunities, locally and internationally (in conjunction with our global network), as well as providing input on trends and global transactions, while assisting you during your transaction.
Our specific offerings
- Traditional Mergers and Acquisitions
When organic growth does not satisfy the needs of your stakeholders, or you would like to dispose of non-core assets, PwC's corporate finance team can assist.
The first challenge for any company seeking to expand is to identify the right business to acquire, one that will add real economic value. Similarly, companies wishing to restructure by disposing of non-core assets at the highest possible prices, would require similar support. Our highly dedicated and exclusive Mergers and Acquisitions research resources are able to identify opportunities, locally and internationally, as well as provide input on trends and global transactions.
Our information systems and the direct line to both our Southern African and worldwide network immediately extend your scope of opportunity. Specialist advice at each critical stage of the transaction – from target identification, investigation, structuring and financing, to facilitating and negotiating the purchase of target companies – ensures that you gain maximum advantage.
Experts at managing the sale of business, we open doors to a wide range of potential buyers, including black economic empowerment and private equity groups, with whom we have excellent contacts. Our integrated worldwide Corporate Finance network facilitates the identification of potential deals in the international arena. Supporting you through a transaction, we will review and value your business, identify prospective purchasers, and negotiate a transaction most suited to your requirements, one that will maximise the value of your business.
- Corporate Lead Advisory
PricewaterhouseCoopers Corporate Finance proactively assists, advises and supports the development of corporate strategies and implementation thereof. Many companies and individuals turn to us for help in shaping their business and reviewing strategic objectives. We assist with developing financial models, conducting industry research, and determining optimal financial structures.
Advice is geared to our clients needs – whether to implement acquisition or rationalisation strategies, to operate effectively within regulatory regimes, or to sharpen defences against hostile bids.
In the current economic environment a number of enterprises are discovering that they require advice on restructuring, reorganisation, unbundling, as well as attracting strategic equity partners. We have an experienced team to advise on the strategic, commercial and legal aspects of these issues. Inward and outward investment opportunities are also approved and advised on and we have significant capacity to apply the power of multidisciplinary international resources, comprising industry and service line experts, to contribute in this regard.
PricewaterhouseCoopers Corporate Finance is registered as a JSE Securities Exchange accredited Sponsor and act as Sponsors to numerous listed clients. We act as liaison between listed companies and the JSE. In this role, we review, draft and submit all necessary documentation and announcements and project manage corporate transactions. We further assist companies on a continual basis with the application of and compliance with the listing requirements of the Security Regulation Panel requirements. We are also registered Designated Advisers and are able to advise and list companies on AltX. We offer an efficient, quality service in the areas of listings, rights offers, take-overs and share buybacks, including advising on the optimal structure and appropriateness of the relevant transactions.
- Black Economic Empowerment
PricewaterhouseCoopers Corporate Finance understands the planning and implementation of a BEE transaction is a unique and complex process which requires a significant investment of time and resources from corporate entities, BEE partners, financiers and advisers. PricewaterhouseCoopers is uniquely placed in that we have experience in advising both entities seeking an appropriate empowerment partner and empowerment groups on strategic issues, and support in structuring negotiations with prospective targets or partners.
Our credentials speak for themselves and over the years we have advised numerous leading South African and multinational companies to successfully implement long term, sustainable empowerment initiatives. In addition, as corporate advisor to some of the most respected BEE individuals and consortiums in South Africa, we have built up a wide network of potential empowerment partners for corporate South Africa.
As an independent advisor we are able to take our clients through the process of deciding the most appropriate empowerment strategy, designing and structuring the partnership, identifying and negotiating with the best partners fitting the selected strategy, assisting in the design and implementation of a sustainable funding structure, and delivering an appropriate, value enhancing empowered organisation.
Our approach to BEE is built around the particular needs of our clients. The diagram below highlights the key phases we envisage in the process:
|
|
