Sale of Swiss flexible packaging companies Elag Verpackungen AG and Elsaesser Verpackungen AG to Ampac, USA
Role of Proventis Partners AG, Zurich: Exclusive financial advisor to the owner throughout the sales process
Sale of proofreading, adaptation and translation company WIENERS + WIENERS GmbH to Caldec Beteiligungen GmbH
Role of Hartmann Zillmer Corporate Finance, Hamburg: Exclusive advisor to the owners throughout the sales process
Acquisition of Medical Biomaterial Products GmbH by a family holding through a Management Buy-In
Role of Hartmann Zillmer Corporate Finance, Hamburg: Advisor throughout the acquisition process and realization of acquisition financing for the buyers
Private Investors acquire 100% of the shares of medi-cine medienproduktions GmbH from CompuGroup Holding GmbH
Role of von Proventis Partners Munich: Exclusive buy-side advisor in the acquisition process
Reviva AG acquires the majority of the shares of the Swiss tradition company Faude & Huguenin AG Medals and coins
Role of Proventis Partners Zurich: Exclusive sell-side advisor and support of restructuring in the Board of Directors
A fairness opinion is an expert evaluation by an M&A advisor as to whether the terms of a merger, acquisition, buyback, spin-off are fair. A Fairness Opinion normally consists of two parts:
the Valuation Memorandum, where the transaction, the basis for information used, the valuation method and the reasoning of the experts are described.
the Opinion Letter, which summarizes the M&A transaction the experts' Fairness Opinion.
Board members and Senior Executives ask Proventis Partners for a Fairness Opinion, to obtain a final statement on a transaction by a neutral neutralen third party M&A expert. Very often, Private Equity and Venture Capital companies ask for a Fairness Opinion.
The condition for a reliable Fairness Opinion is that the M&A experts are independent and that they are not working on the transaction in any other role (as M&A advisor). Proventis Partners is completely indpendent from banks and is hence frequently used for a Fairness Opinion when an Investment Bank is used as an M&A advisor.
