Senior executives and deal champions are now on the clock to see to it that synergies are achieved on time and budget. The continuity of the PMO and functional teams is critical to ensuring successful hand-off into go-forward operations. We bring the know-how to manage delicate cultural issues once plans are being put into effect and continuously drive toward rapid synergy achievement.We enable efficient transition from integration planning teams to business unit leaders that now have day to day responsibility for combining teams.

SFAS 141 – Purchase Price Allocation

SFAS 141 analyses provide a framework for establishing how balance sheet value should be assigned to acquired assets, including amortizable and un-amortizable intangible assets, and goodwill. This is often a required task for acquired entities that is completed independently from the company’s auditors.

The process of complying with SFAS 141 is complex and subject to the outside views of audit firms and the SEC.We are very experienced in this arena and our well supported methods have been used on numerous assignments aimed at accurately determining and allocating fair value, as well as helping evaluate deal accretion and dilution effects from amortization.

Strategic Tax Consulting

A combination of separate tax paying entities not only requires combination of compliance functions but, more importantly, also creates planning and structuring opportunities. Our team includes experts at addressing these issues post close.

Restructuring

Careful planning can lead to significant reductions in tax liabilities and a lower effective tax rate (e.g., merging entities or changing tax status by “checking the box” so as to reduce sales taxes or eliminate deferred inter-company gains on consolidated returns).

Rationalization
Proper, effective tax planning (e.g., placement of debt, inter-company or cross border movement of funds) helps rationalize the deal through significant after-tax cash savings that, depending on the nature of operations, can be substantial.

Reporting
Combining tax compliance functions often results in numerous reporting issues (e.g., whether to: file consolidated returns, make elections and / or file state tax returns on a combined or unitary basis). We can assist in avoiding material issues due to inadequate planning or just plain oversight.