Acquiring or selling companies generally calls for the need to establish a process of due diligence. This process must be professionally managed so that those in charge are able to obtain the information they need to make their decisions.
From the vendor’s perspective, it is important to organise and implement a process of due diligence so as to promote a legitimate image of the company to potential investors and to protect their business secrets. In this respect, T&CO assumes particular responsibility for drawing up and negotiating confidentiality agreements, listing those documents to be made available to potential acquirers, laying down practical and organisational rules (date, place, access and length of time) for the due diligence process and answering acquirers’ questions. It also assists its clients in negotiating the sale agreement.
From the acquirer’s perspective, the due diligence process allows them to obtain all of the information they need to assess the risks posed by the company being sold (the target). This information is vital to being able to request specific guarantees when negotiating the company’s acquisition and to establishing the value of the target company.
With the team’s extensive training in the areas of tax law and commercial law, T&CO is the ideal partner to carry out due diligence on Swiss companies, help acquirers to assess the legal and fiscal risks posed by the target company, and provide assistance in respect of acquisition agreements.