Abanka has long-lasting experience in corporate finance. We deliver expert corporate finance advice regarding:
- mergers and acquisitions
- exit strategies and company sales
- management buy-outs, buy-ins and private equity
- private placements and public offerings
- other corporate finance services
Corporate mergers and acquisitions
We cooperate with clients to identify and assess merger and acquisition partners that, under key conditions, will enhance shareholder value as part of a sound strategy. This involves identifying and quantifying in great detail the synergies between potential partners. Mergers and acquisitions make sense to achieve market leadership or increase market share, secure new distribution channels or complementary products, services and technologies, and obtain immediate critical mass when entering new markets.
Exit strategies and company sales
There are various reasons why shareholders in successful unquoted companies are prompted to consider a sale. These range from individual shareholders wishing to retire or facing a succession problem, to a strategy by listed groups of selective divestment to focus on core businesses which will maximise shareholder value. Whatever the reasons for sale, however, there is one common and compelling priority for us - to achieve the best possible price for the company, structured tax efficiently, from an acceptable purchaser.
Management buy-outs, buy-ins and private equity
Management buy-out is the purchase of a business by its existing management or in the case of management buy-in, by an outside management team. In both cases, the transaction will be usually carried out with the help of financial institutions, potentially also with Abanka. Most management buy-outs and buy-ins involve high levels of debt, especially during the early years. Accordingly, a positive cash flow is required. The crucial role of the financial adviser is in assessing whether a management buy-out or buy-in is feasible.
In this frame we provide also services regarding financing with private equity capital, that is provided by private equity investors to enterprises not quoted on a stock market. Private equity can be used to develop new products and technologies, to expand working capital, to make acquisitions, or to strengthen a company's balance sheet. It can also resolve ownership and management issues. A succession in family-owned companies, or the buyout and buyin of a business by experienced managers may be achieved using private equity funding. Venture capital is, strictly speaking, a subset of private equity and refers to equity investments made for the launch, early development, or expansion of a business.
Private placements and public offerings
Public offering is the sale of equity shares or other financial instruments by an organization to the public in order to raise funds. Public offerings of corporate securities in the Slovenia must be registered with and approved by the Securities Market Agency and are normally conducted by an investment underwriter. Any sale of securities to more than 50 people is deemed to be a public offering.
Private placement means raising capital through sale of securities to a relatively small number of investors (in Slovenia less than 50). Private placements do not have to be registered with Securities Market Agency because no public offering is involved.
Abanka has long-lasting experience in selling securities through private placement and public offerings under best effort or underwriting agreement and has prepared numerous registration statements, prospectuses, prospectus summaries and other documents needed to get approval by Securities Market Agency and registration of securities at Central Securities Clearing Corporation Inc..
Other corporate finance services
- investment project valuation
- capital structure optimisation
- financing structures
- listing of securities on stock exchanges
- transformation of private companies in to public companies
- other consulting services
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