Katharine Byrne, Partner and Head of Deal Advisory recently featured in The Irish Times Special Report on optimal funding strategies for business acquisitions.
Growth through acquisition is a well-established business strategy. Funding it is another question.
Byrne emphasises on the strategic aspects of this,
There’s never been more funders in the Irish market but securing funding for an acquisition is not easy. Choosing the best funding option for an acquisition involves evaluating several factors to ensure it aligns with your company’s financial position, strategic goals and risk tolerance. In BDO, the first step in advising on an acquisition is to understand the company’s strategic rationale, their proposed integration plan and assessing the level of investment required to support their strategy. Often SMEs spend the majority of their time reviewing the historic trading and conducting detailed due diligence on the target, instead of focusing on the integration plan and the combined business growth plans.
When deciding on the right funding mix between debt, equity and cash reserves, it’s essential to assess the company’s current financial health and future projections.
Read the full article by Barry McCall in the Irish Times Corporate Finance Special Report by clicking the button below.
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