The site uses cookies to provide you with a better experience. By using this site you agree to our Privacy policy.

Corporate Finance

The importance of Due Diligence before a business sale

Pre-sale due diligence is crucial for business owners looking to sell, helping to identify potential issues, increase buyer confidence, and maximize value. A thorough review of financials, operations, legal compliance, and tax obligations ensures a smoother sale process and stronger negotiations. Moore Australia provides expert guidance to help sellers prepare and navigate due diligence, ensuring a successful transaction.

Selling your business: Who are your potential buyers

Identifying the right buyer is crucial when selling a business. Private equity seeks scalability, corporate buyers focus on strategic synergies, and private individuals prefer owner-operated businesses. Managing risks, buyer interests, and confidentiality is key to maximizing value. Moore Australia provides expert sell-side advice for a smooth, strategic, and successful sale.

APAC Mid-Market M&A Report: Q2 FY25

The APAC mid-market M&A landscape in Q2 FY25 saw higher deal values ($22.8M median) but fewer transactions (down 3.2%), influenced by geopolitical uncertainty and economic shifts. Cross-border deals declined to 19.5%, while IT remained the top sector (22% of deals), driven by AI and semiconductor demand. Easing interest rates and economic stability are expected to boost future M&A activity.

Sale ready series: The Cost of Personal Goodwill

Personal goodwill, tied to an owner’s reputation and relationships, can reduce a business’s sale value if not transferred to the company. Buyers prefer goodwill linked to the business rather than the individual. To address this, owners can delegate client relationships, reduce day-to-day involvement, and hire key managers. These steps boost business value and performance. Moore Australia helps identify and manage personal goodwill in sale planning.

Sale process: Step by step

The sale process for a business seeking to undergo a merger and/or acquisition (M&A) is a structured and strategic approach that helps navigate complex transactions effectively. In this article we look at the stages we utilise to ensure maximising value, minimising risks, and a smooth transition of ownership for both the seller and the buyer.

 

Insights and Analysis from 'Shark Tank’ Season 5

After a 5-year hiatus, Network 10’s Shark Tank has returned to screens across Australia for its 5th edition, which ran from 28 August to 17 October 2023. Across 8 episodes, 35 brave entrepreneurs pitched their businesses for investment to a fresh panel of Sharks. Of these, 22 secured investment from one or more Sharks and 13 left with empty pockets.

Moore Australia's Corporate Finance team has analysed this season’s pitches and reveals the investment themes, dealbreakers, red flags and key learnings for Australia’s entrepreneurs.

An internship with Moore

We sat down recently with Ms Devanga Amaratunga who completed a four week internship with our Corporate Finance Division in Moore Australia's Melbourne office. Devanga is a first year university student who wanted to start gaining some work experience in her chosen field of study.

Peregrine Gold debuts on the ASX

Moore Australia congratulates Peregrine Gold Limited, for listing on the ASX earlier today.
 
“A huge congratulations to Peregrine Gold for making its debut on the ASX – an excellent milestone and pleasing result, following an oversubscribed Initial Public Offering,” says Moore Australia (WA) Managing Partner, David Tomasi.
 
“It was great to see Peregrine Gold Limited close at $0.245 - comfortably above its IPO price of $0.20,” says Moore Australia (WA) Corporate Finance Director, Peter Gray.

Business sales – Net Working Capital and cash adjustments

Looking at selling your business? If you think that agreeing on the business’ value is the hard part, think again.

Many owners overlook the question of the purchase price’s net working capital adjustments, let alone how much cash to leave in a business at the point of sale. These areas are not only complex but can often be a major source of tension towards completion of a business sale. So, while it’s best to ensure you have a skilled advisor on hand to help you navigate your way through, this article will help you understand some of the considerations involved before you head to market.