A Merger & Acquisition Division?

Source: Practical Accountant

McLean, Koehler, Sparks & Hammond, in Maryland, created a merger & acquisition division six years ago with the mission of providing a “cradle to grave” service. Engagements are performed by its affiliate Evergreen Capital. Its consultants offer the following services:

v      Business advisory services

v      Corporate finance—Helping arrange bank debt, equity raises including start-up funding, and mezzanine financing.

v      Competitive analysis—to gauge the competition in specific niches.

v      Valuations

v      Strategic consulting—to help set direction and goals.

v      Developing exit strategies.

v      Sale, acquisition, and divestiture services

The firm seeks long-term client relationships in which it helps clients maximize their value. This kind of service is typically available only to public companies or large private companies, but Evergreen serves private companies with values ranging from $2 million to $20 million.

Clients favor the idea of having most of their trusted advisors in one-place. The firm also offers forensic accounting, fraud deterrence, outsourced CFO services, executive coaching, human resources, IT consulting, and asset management and financial planning. This assortment of services is unusual for a firm of 63 people.

From Practical Accountant, July 2005. For the complete article, click on the following link: http://www.webcpa.com/article.cfm?articleid=13643&;pg=pracacc.