Merger and Acquisition Services

Progress Capital provides a full range of expert merger and acquisition services to both public and private companies including sell-side assignments, buy-side assignments, management buyouts and entrepreneur acquisitions for companies with enterprise values ranging from $10 million to $1 billion. The Firm customizes each transaction to meet the client’s needs while maintaining a tightly-controlled and orderly transaction process with strict confidentiality.

Utilizing Progress Capital’s merger and acquisition services has numerous advantages including objectivity, confidentiality, value enhancement and a common sense approach. The principals of Progress Capital have decades of experience as both buyers and sellers of their own businesses as well as representing buyers and sellers. Progress Capital is keenly aware that the merger and acquisition process is time consuming and often disruptive to ongoing business practices. Our knowledge and expertise on all sides of transactions as well as our senior level hands-on approach allows management teams and owners to continue to concentrate on operating their business without losing focus or experiencing business interruptions.

Progress Capital’s thorough merger and acquisition process is tailored to meet client objectives and generally includes the following activities:

Sell-Side Services

Companies are not sold, they are bought. Whether Progress Capital is selling a whole company or helping divest a division, we first start by undertaking a comprehensive business and due diligence review, financial analysis and then strategically package the results in a business memorandum crafted specifically to achieve the highest valuation in the shortest period of time.

The scope of Progress Capital’s sell-side advisory services will vary dependent upon each client’s individual objectives in selling. Whether the objective is a divestiture, grow via merger, sell for liquidity and stay on, estate diversification and retirement, family business succession issues, recapitalizing minority/majority shareholders or you just simply want to go sailing, the Firm works closely with its clients to set attainable goals and determine the most effective strategies to realize those goals.

Once the client has decided upon the most appropriate course of action, Progress Capital develops a customized strategy in order to maximize the value received by our clients, and executes the transaction in a timely and orderly manner.

Buy-Side Services

Whether the Firm has been retained for a targeted acquisition or a broad-search assignment to find the right candidate, Progress Capital provides expert buyer representation for both public and private companies as well as management teams wanting to buyout an owner and entrepreneurs looking to acquire a business.

Unlike many M&A firms, we are investment bankers and can also arrange for the equity or debt capital necessary to consummate the transaction.

And, with the access to the resources under Progress Capital will bring to the assignment a full complement of management consulting, due diligence functions, business plan development, valuation analysis, fairness opinion and industry research services, as required.

Broad-Search Acquisition Assignments

Broad-search acquisition assignments must be conducted in a controlled and orderly fashion, often on an undisclosed basis, with a solid sense of the right fit and the experience to quickly narrow the search to rational and reasonable candidates. The considerable sell-side experience of the Firm’s principals enables Progress Capital to provide a unique perspective into the seller’s world when managing complex acquisition assignments.

Targeted Acquisition Assignments

In cases where an acquisition or merger target has already been identified and discussions have been initiated, Progress Capital’s experience provides significant value-added advisory services to the transaction as well as funding sources, as needed. As an intermediary Progress Capital can provide assistance in assessing value, negotiating terms/pricing and numerous qualitative issues, any of which if left unattended to or overlooked can create hurdles to a successful and timely close. The Firm’s ability to identify, negotiate and resolve key transaction pressure-points and keep legal and financial advisors focused on both sides provides its clients with invaluable assistance in closing transactions.

Management Buyouts

Progress Capital can provide experienced management teams with comprehensive buyout plans. The Firm’s services include the development of strategic alternatives, plan presentations to the Board of Directors, negotiating the terms of the transaction, structuring/securing transaction financing and working with all parties to effect a smooth and orderly close.

Investment Banking

Progress Capital works with select clients to provide Buy Side and Sell Side advisory services. We have helped our clients make divestures, cross border acquisitions as well approach the debt and equity capital markets in the Emerging Markets.

Progress Capital specializes in working on Buy-Side mandates which are supported by the following regimented process: