Management buy-outs (MBOs) and buy-ins (MBIs) are technically complicated, time-consuming and often risky for management teams. We help protect management from that risk and introduce them to the relevant financial sponsors to achieve the best possible equity deal for the management team. We have regular personal contact with the leading venture capitalists and providers of debt finance. We help the management team to produce a business plan which sells the investment opportunity, and guide them through the minefield of issues which they will inevitably face.
We provide advice to management teams on their incentive arrangements, including subscription and equity participation. With management teams often having significant financial and emotional capital tied up in their businesses, high quality independent advice is essential. This is particularly the case in larger buy-outs where the sell side adviser is acting for all the shareholders and management are being asked to re-invest alongside a new financial sponsor.