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- Professionals that understand and specialize in “middle market” M&A
- Responsiveness: prompt and efficient service delivery and frequent client communication
- Extensive partner involvement
- Team Members have completed transactions with cumulative value > $3 billion
- Accessibility of seasoned transaction personnel to our clients
- Many partners and senior staff have previous “Big 4” experience with extensive domestic and cross-
border transaction experience
- Access to regional, national and international resources
The CB&H Transaction Services team can call upon the expertise of our industry group leaders. Our depth of experience combined with our proactive approach to the identification of critical transaction issues maximizes our value proposition to our clients.
While we are focused on middle market business, our professionals have worked with companies that occupy all stages of development from start-up businesses to well-established, multi-national corporations. Our broad base of industry and vertical market knowledge covers the following sectors:
 Government Contractors
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 Banking and Finance
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 Retail and Restaurants
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 Software
and Technology
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 Energy and Chemicals
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 Food and Beverage
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 Global Manufacturers and Distributors
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 Healthcare
and Life Sciences
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 Transportation
and Logistics
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 Real Estate
and Construction
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At CB&H, our full range of accounting, consulting and tax experience allows us to address both financial and non-financial issues and to assist our clients before, during and after their transactions. Our menu of services includes:
Financial value drivers
- On and off balance sheet risks
- Financial projections
- Transaction structuring
- Assistance with negotiation and closing issues
- Identification of prospective acquisition targets
- Financial modeling
Tax Consulting & Structuring
- Tax structuring
- Tax due diligence
- Document review
- Tax opinions
- State & local tax (SALT)
- International tax
Valuation Services
- Business and asset valuations
- Purchase price allocations
- Intangible asset identification and valuation (FAS 141)
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Information Technology
- System reviews and conversions
- Financial reporting infrastructure
- Web-based infrastructure
- System selection, integration and implementation
Compensation and Benefits
- Due diligence and structuring
- Stock options and golden parachute plans
- DOL and IRS reporting
- Qualified plan design and implementation
- Non-qualified plan design
- Bonus and incentive plans
Post-Merger Integration
- Accounting system assessment and review
- Communication planning and development
- Organization review and restructuring advisory services
- Human capital
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A key aspect to any transaction involves a comprehensive understanding of tax issues and opportunities. Our tax professionals understand the risks and strategies associated with successful execution of transaction planning and tax diligence activities.
Acquisition of government contracting company
- Financial due diligence procedures performed on behalf of acquirer to assess EBITDA amounts based on historical operations and analysis of funded backlog, revenue recognition and compliance with DCAA and DoD contract regulations.
Sell-side assistance for entertainment company
- Financial due diligence procedures with consulting services related to transaction and income tax structuring opportunities associated with the deal.
Acquisition of manufacturing and distribution company
- Due diligence procedures on behalf of acquirer with respect to target financial statements, including procedures related primarily to the costing of food products, including consistency and quality concerns.
Acquisition of specialty global manufacturing and distribution enterprise
- Domestic and Chinese due diligence activities, which were focused on identification of unusual and non-recurring EBITDA adjustments associated with various matters including improper inventory valuation and revenue recognition issues. Provided critical tax consultation designed to minimize tax consequences associated with the Chinese subsidiaries.
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Sell-side assistance for specialty pharmacy groups
- Worked closely with a regional investment banking firm in positioning three independently owned and operated companies as a platform acquisition for a private equity group. Conducted an assessment of critical accounting and tax matters to be addressed prior to entering into an exclusivity arrangement with one possible acquirer, and assisted target companies in preparing for extensive financial due diligence activities. Provided on-going assistance throughout the entire acquisition process.
Acquisition of logistics company
- Highly complex tax structuring and planning services, financial due diligence procedures focused on assessing the quality of earnings and the debt service capabilities of the target, and consulting services concerning the many tax opportunities associated with the transaction.
Acquisition of building materials company
- Due diligence procedures on behalf of acquirer with respect to target financial statements, including procedures primarily related to examining extensive and aggressive adjustments to seller’s proposed EBITDA adjustments, and analyzing internally prepared cash flow projections.
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ur
client-focused approach to corporate finance services
is based on quality and responsiveness. Cherry, Bekaert
& Holland offers an extensive network of accounting,
tax and investment banking resources to address both the
financial and non-financial aspects of mergers and acquisitions.
