Insights
Practical guides on selling and buying companies, valuation and raising capital.
Hefestos Capital’s half-year review of the M&A market in Southeast Europe, with a focus on Serbia: the NIS and Addiko deals, the macro picture, and four lessons for owners.
The right adviser can add far more value than their fee. Here is what to look for when choosing who to trust with a transaction.
Growing companies can raise equity, debt, or a mix of both. Each has a cost and a consequence. Here is how to think about the choice.
When buyer and seller disagree on value, an earn-out can bridge the gap — tying part of the price to future performance. Here is how they work.
From preparation to completion, a company sale typically takes six to twelve months — sometimes longer. Here is what drives the timeline.
Sell-side and buy-side advisory sit on opposite ends of a transaction. Understanding each clarifies what an adviser actually does for you.
Due diligence can make or break a deal. Understanding what buyers examine — and preparing for it — protects both value and timeline.
The preparation that happens before a company goes to market often determines the final price. Here is what to get right, and when to start.
The main business valuation methods explained — comparable multiples, precedent transactions and discounted cash flow — and how they work together.
M&A advisors guide companies through mergers, acquisitions and capital raises. Here is what they do and when engaging one pays for itself.
A step-by-step guide to selling a business — from preparation and valuation to running a competitive process and closing the deal.