The large amount of mergers and acquisitions at the larger end of the market has over recent years also translated into a greater number of private equity deals at the small to medium end of the market. While in many ways a dealing with a private equity firm will be the same as a standard share or business sale, there are some nuances to dealing with private equity funds that you and your clients need to be aware of.
These materials focus on the implications of private equity deals from the perspectives of both the deal-maker and the tax adviser.
The materials will cover:
- what private equity firms look for in an investment
- the time horizon for a private equity investment
- making businesses attractive to private equity firms
- the style of offer your clients can expect
- how private equity firms assess value in businesses
- an overview of the taxation issues for private equity transactions including small business CGT for vendors, earn outs and ratchet clauses, employee share/option schemes, private equity exits.