{"id":6153,"date":"2023-11-28T10:33:20","date_gmt":"2023-11-28T09:33:20","guid":{"rendered":"https:\/\/www.sgbstudio.it\/merger-acquisition\/"},"modified":"2023-12-22T11:43:14","modified_gmt":"2023-12-22T10:43:14","slug":"merger-acquisition","status":"publish","type":"page","link":"https:\/\/www.sgbstudio.it\/en\/merger-acquisition\/","title":{"rendered":"Merger &#038; Acquisition"},"content":{"rendered":"<section id=\"bt_bb_section6a072478ebe37\" class=\"bt_bb_section bt_bb_color_scheme_1 bt_bb_layout_boxed_1200 bt_bb_vertical_align_top bt_bb_top_spacing_extra_large bt_bb_bottom_spacing_large\" style=\"; --section-primary-color:#ffffff; --section-secondary-color:#262626;\" data-bt-override-class=\"{&quot;bt_bb_top_spacing_&quot;:{&quot;current_class&quot;:&quot;bt_bb_top_spacing_extra_large&quot;,&quot;xxl&quot;:&quot;extra_large&quot;,&quot;xl&quot;:&quot;extra_large&quot;},&quot;bt_bb_bottom_spacing_&quot;:{&quot;current_class&quot;:&quot;bt_bb_bottom_spacing_large&quot;,&quot;xxl&quot;:&quot;large&quot;,&quot;xl&quot;:&quot;large&quot;}}\"><div class=\"bt_bb_background_image_holder_wrapper\"><div class=\"bt_bb_background_image_holder btLazyLoadBackground bt_bb_parallax\"  data-background_image_src=\"https:\/\/www.sgbstudio.it\/wp-content\/uploads\/2023\/11\/m-e-a.jpg\" data-parallax=\"0.7\" data-parallax-offset=\"0\" data-parallax-zoom-start=\"1\" data-parallax-zoom-end=\"1\" data-parallax-blur-start=\"0\" data-parallax-blur-end=\"0\" data-parallax-opacity-start=\"1\" data-parallax-opacity-end=\"1\" style=\" background-image: url(&#039;https:\/\/www.sgbstudio.it\/wp-content\/plugins\/bold-page-builder\/img\/blank.gif&#039;);\"><\/div><\/div><div class=\"bt_bb_port\"><div class=\"bt_bb_cell\"><div class=\"bt_bb_cell_inner\"><div class=\"bt_bb_row_wrapper\"><div  class=\"bt_bb_row bt_bb_column_gap_0\"  data-bt-override-class=\"{}\"><div  class=\"bt_bb_column col-md-8 col-ms-12 bt_bb_align_left bt_bb_vertical_align_middle bt_bb_animation_fade_in animate bt_bb_padding_normal bt_bb_animation_fade_in animate\"  data-width=\"8\"><div class=\"bt_bb_column_content\"><div class=\"bt_bb_row_wrapper\"><div  class=\"bt_bb_row_inner bt_bb_column_inner_gap_0\"  data-bt-override-class=\"{}\"><div  class=\"bt_bb_column_inner col-xxl-3 col-xl-3 bt_bb_vertical_align_top bt_bb_align_left bt_bb_padding_normal\"  data-width=\"3\" data-bt-override-class=\"{}\"><div class=\"bt_bb_column_inner_content\"><div class=\"bt_bb_image bt_bb_shape_square bt_bb_target_self bt_bb_align_left bt_bb_hover_style_simple bt_bb_content_display_always bt_bb_content_align_middle\" data-bt-override-class=\"{&quot;bt_bb_align_&quot;:{&quot;current_class&quot;:&quot;bt_bb_align_left&quot;,&quot;xxl&quot;:&quot;left&quot;,&quot;xl&quot;:&quot;left&quot;}}\"><span><img width=\"129\" height=\"147\" src=\"https:\/\/www.sgbstudio.it\/wp-content\/uploads\/2023\/11\/icona-MA.png\" class=\"attachment-full size-full\" alt=\"https:\/\/www.sgbstudio.it\/wp-content\/uploads\/2023\/11\/icona-MA.png\" decoding=\"async\" loading=\"lazy\" data-full_image_src=\"https:\/\/www.sgbstudio.it\/wp-content\/uploads\/2023\/11\/icona-MA.png\" title=\"icona-M&amp;A\" \/><\/span><\/div><div class=\"bt_bb_separator bt_bb_border_style_none bt_bb_bottom_spacing_extra_small\" data-bt-override-class=\"null\"><\/div><div class=\"bt_bb_separator bt_bb_border_style_none bt_bb_bottom_spacing_extra_small bt_bb_hidden_sm bt_bb_hidden_md bt_bb_hidden_lg\" data-bt-override-class=\"null\"><\/div><\/div><\/div><div  class=\"bt_bb_column_inner col-xxl-9 col-xl-9 titolo-bu bt_bb_vertical_align_middle bt_bb_align_left bt_bb_padding_normal\"  data-width=\"9\" data-bt-override-class=\"{}\"><div class=\"bt_bb_column_inner_content\"><header class=\"bt_bb_headline bt_bb_dash_none bt_bb_subheadline bt_bb_size_extralarge bt_bb_align_inherit\" data-bt-override-class=\"{&quot;bt_bb_size_&quot;:{&quot;current_class&quot;:&quot;bt_bb_size_extralarge&quot;,&quot;xxl&quot;:&quot;extralarge&quot;,&quot;xl&quot;:&quot;extralarge&quot;},&quot;bt_bb_align_&quot;:{&quot;current_class&quot;:&quot;bt_bb_align_inherit&quot;,&quot;xxl&quot;:&quot;inherit&quot;,&quot;xl&quot;:&quot;inherit&quot;}}\"><h1 class=\"bt_bb_headline_tag\"><span class=\"bt_bb_headline_content\"><span>M &#038; A<\/span><\/span><\/h1><div class=\"bt_bb_headline_subheadline\">Merger &#038; Acquisition<\/div><\/header><\/div><\/div><\/div><\/div><\/div><\/div><div  class=\"bt_bb_column col-md-4 col-ms-12 bt_bb_align_left bt_bb_vertical_align_top bt_bb_padding_normal\"  data-width=\"4\"><div class=\"bt_bb_column_content\"><\/div><\/div><\/div><\/div><\/div><!-- cell_inner --><\/div><!-- cell --><\/div><!-- port --><\/section><section id=\"bt_bb_section6a072478ec582\" class=\"bt_bb_section bt_bb_layout_wide bt_bb_vertical_align_top bt_bb_top_spacing_none bt_bb_bottom_spacing_none\"  data-bt-override-class=\"{&quot;bt_bb_top_spacing_&quot;:{&quot;current_class&quot;:&quot;bt_bb_top_spacing_none&quot;,&quot;xxl&quot;:&quot;none&quot;,&quot;xl&quot;:&quot;none&quot;},&quot;bt_bb_bottom_spacing_&quot;:{&quot;current_class&quot;:&quot;bt_bb_bottom_spacing_none&quot;,&quot;xxl&quot;:&quot;none&quot;,&quot;xl&quot;:&quot;none&quot;}}\"><div class=\"bt_bb_port\"><div class=\"bt_bb_cell\"><div class=\"bt_bb_cell_inner\"><div class=\"bt_bb_row_wrapper\"><div  class=\"bt_bb_row bt_bb_column_gap_0\"  data-bt-override-class=\"{}\"><div  class=\"bt_bb_column col-md-6 col-sm-12 bt_bb_align_right bt_bb_vertical_align_top bt_bb_animation_fade_in animate bt_bb_padding_normal bt_bb_column_background_image bt_bb_animation_fade_in animate\" style=\"background-image:url(&#039;https:\/\/www.sgbstudio.it\/wp-content\/uploads\/2023\/11\/merger-acquisition.jpg&#039;);\" data-width=\"6\"><div class=\"bt_bb_column_content\"><div class=\"bt_bb_separator bt_bb_border_style_none bt_bb_top_spacing_extra_large bt_bb_bottom_spacing_extra_large bt_bb_hidden_xs\" data-bt-override-class=\"null\"><\/div><\/div><\/div><div  class=\"bt_bb_column col-md-6 col-sm-12 bt_bb_align_left bt_bb_vertical_align_top bt_bb_animation_fade_in animate bt_bb_padding_double bt_bb_animation_fade_in animate\"  data-width=\"6\"><div class=\"bt_bb_column_content\"><div class=\"bt_bb_image bt_bb_shape_square bt_bb_target_self bt_bb_align_left bt_bb_hover_style_simple bt_bb_content_display_always bt_bb_content_align_top bt_bb_hidden_ms bt_bb_hidden_sm bt_bb_hidden_md bt_bb_hidden_lg\" data-bt-override-class=\"{&quot;bt_bb_align_&quot;:{&quot;current_class&quot;:&quot;bt_bb_align_left&quot;,&quot;xxl&quot;:&quot;left&quot;,&quot;xl&quot;:&quot;left&quot;}}\"><span><img width=\"768\" height=\"432\" src=\"https:\/\/www.sgbstudio.it\/wp-content\/uploads\/2023\/11\/merger-acquisition-768x432.jpg\" class=\"attachment-medium_large size-medium_large\" alt=\"https:\/\/www.sgbstudio.it\/wp-content\/uploads\/2023\/11\/merger-acquisition-768x432.jpg\" decoding=\"async\" loading=\"lazy\" data-full_image_src=\"https:\/\/www.sgbstudio.it\/wp-content\/uploads\/2023\/11\/merger-acquisition.jpg\" title=\"merger-acquisition\" srcset=\"https:\/\/www.sgbstudio.it\/wp-content\/uploads\/2023\/11\/merger-acquisition-768x432.jpg 768w, https:\/\/www.sgbstudio.it\/wp-content\/uploads\/2023\/11\/merger-acquisition-640x360.jpg 640w, https:\/\/www.sgbstudio.it\/wp-content\/uploads\/2023\/11\/merger-acquisition-320x180.jpg 320w, https:\/\/www.sgbstudio.it\/wp-content\/uploads\/2023\/11\/merger-acquisition.jpg 1200w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/><\/span><\/div><div class=\"bt_bb_separator bt_bb_border_style_none bt_bb_bottom_spacing_medium\" data-bt-override-class=\"null\"><\/div><div  class=\"bt_bb_text\" ><p>Growth and value creation have always been basic factors for a company&#8217;s success in today&#8217;s extremely energetic and competitive market.<\/p>\n<p>Growth represents a key moment for companies to define the future: to increase their size by &#8220;internal way&#8221; or to pursue growth by &#8220;external way,&#8221; searching the market for companies with which to establish a relationship.<\/p>\n<p>SGB&amp;Partners &#8211; with its dedicated M&amp;A business unit &#8211; works closely with companies in order to define a shared path of growth and development, supporting management in the optimal path to take.<\/p>\n<p>Transversal skills, knowledge of markets and operators and experience in operations in these areas represent the distinctive elements of the SGB&amp;Partners M&amp;A Team.<\/p>\n<\/div><div class=\"bt_bb_separator bt_bb_border_style_none bt_bb_bottom_spacing_medium\" data-bt-override-class=\"null\"><\/div><\/div><\/div><\/div><\/div><\/div><!-- cell_inner --><\/div><!-- cell --><\/div><!-- port --><\/section><section id=\"bt_bb_section6a072478ecde0\" class=\"bt_bb_section bt_bb_layout_wide bt_bb_vertical_align_top\" style=\";background-color:#edebe8;\" data-bt-override-class=\"null\"><div class=\"bt_bb_port\"><div class=\"bt_bb_cell\"><div class=\"bt_bb_cell_inner\"><div class=\"bt_bb_row_wrapper\"><div  class=\"bt_bb_row bt_bb_column_gap_0 bt_bb_hidden_md bt_bb_hidden_lg\"  data-bt-override-class=\"{}\"><div  class=\"bt_bb_column col-md-12 col-ms-12 bt_bb_align_left bt_bb_vertical_align_top bt_bb_padding_double bt_bb_column_background_image\" style=\"background-image:url(&#039;https:\/\/www.sgbstudio.it\/wp-content\/uploads\/2023\/11\/img-strategy.jpg&#039;);\" data-width=\"12\"><div class=\"bt_bb_column_content\"><div class=\"bt_bb_separator bt_bb_border_style_none bt_bb_top_spacing_large bt_bb_bottom_spacing_extra_large\" data-bt-override-class=\"null\"><\/div><\/div><\/div><\/div><\/div><div class=\"bt_bb_row_wrapper\"><div  class=\"bt_bb_row bt_bb_column_gap_0\"  data-bt-override-class=\"{}\"><div  class=\"bt_bb_column col-md-6 col-sm-12 bt_bb_align_left bt_bb_vertical_align_middle bt_bb_animation_fade_in animate bt_bb_padding_double bt_bb_animation_fade_in animate\" style=\"background-color: rgba(232, 235, 240, 1);\" data-width=\"6\"><div class=\"bt_bb_column_content\"><div class=\"bt_bb_separator bt_bb_border_style_none bt_bb_bottom_spacing_normal\" data-bt-override-class=\"null\"><\/div><header class=\"bt_bb_headline bt_bb_font_weight_bold bt_bb_dash_none bt_bb_size_large bt_bb_align_inherit\" data-bt-override-class=\"{&quot;bt_bb_size_&quot;:{&quot;current_class&quot;:&quot;bt_bb_size_large&quot;,&quot;xxl&quot;:&quot;large&quot;,&quot;xl&quot;:&quot;large&quot;},&quot;bt_bb_align_&quot;:{&quot;current_class&quot;:&quot;bt_bb_align_inherit&quot;,&quot;xxl&quot;:&quot;inherit&quot;,&quot;xl&quot;:&quot;inherit&quot;}}\"><h1 class=\"bt_bb_headline_tag\"><span class=\"bt_bb_headline_content\"><span>Our strategy<\/span><\/span><\/h1><\/header><div class=\"bt_bb_separator bt_bb_border_style_none bt_bb_top_spacing_normal bt_bb_bottom_spacing_small\" data-bt-override-class=\"null\"><\/div><div  class=\"bt_bb_text\" style=\"max-width: 800px;\"><p><strong>Corporate Finance<\/strong><\/p>\n<ul>\n<li>Corporate reorganization projects aimed at generational transition<\/li>\n<li>Valuations of companies, business units and corporate holdings<\/li>\n<li>M&amp;A transactions<\/li>\n<li>Accounting\/tax\/legal due diligence<\/li>\n<li>Negotiation assistance<\/li>\n<li>Pre and post deal advisory activities<\/li>\n<\/ul>\n<\/div><div class=\"bt_bb_separator bt_bb_border_style_none bt_bb_bottom_spacing_normal\" data-bt-override-class=\"null\"><\/div><\/div><\/div><div  class=\"bt_bb_column col-md-6 col-sm-12 bt_bb_align_left bt_bb_vertical_align_top bt_bb_padding_normal bt_bb_column_background_image bt_bb_hidden_xs bt_bb_hidden_ms bt_bb_hidden_sm\" style=\"background-image:url(&#039;https:\/\/www.sgbstudio.it\/wp-content\/uploads\/2023\/11\/img-strategy.jpg&#039;);\" data-width=\"6\"><div class=\"bt_bb_column_content\"><div class=\"bt_bb_separator bt_bb_border_style_none bt_bb_top_spacing_extra_large bt_bb_bottom_spacing_extra_large\" data-bt-override-class=\"null\"><\/div><\/div><\/div><\/div><\/div><\/div><!-- cell_inner --><\/div><!-- cell --><\/div><!-- port --><\/section><section id=\"bt_bb_section6a072478f00e4\" class=\"bt_bb_section bt_bb_layout_wide bt_bb_vertical_align_top\" style=\";background-color:#edebe8;\" data-bt-override-class=\"null\"><div class=\"bt_bb_port\"><div class=\"bt_bb_cell\"><div class=\"bt_bb_cell_inner\"><div class=\"bt_bb_row_wrapper\"><div  class=\"bt_bb_row bt_bb_column_gap_0\"  data-bt-override-class=\"{}\"><div  class=\"bt_bb_column col-md-6 col-sm-12 bt_bb_align_right bt_bb_vertical_align_top bt_bb_padding_normal bt_bb_column_background_image\" style=\"background-image:url(&#039;https:\/\/www.sgbstudio.it\/wp-content\/uploads\/2023\/11\/business-valuation.jpg&#039;);\" data-width=\"6\"><div class=\"bt_bb_column_content\"><div class=\"bt_bb_separator bt_bb_border_style_none bt_bb_top_spacing_extra_large bt_bb_bottom_spacing_extra_large\" data-bt-override-class=\"null\"><\/div><\/div><\/div><div  class=\"bt_bb_column col-md-6 col-sm-12 bt_bb_align_left bt_bb_vertical_align_middle bt_bb_animation_fade_in animate bt_bb_padding_double bt_bb_animation_fade_in animate\" style=\"background-color: rgba(232, 235, 240, 1);\" data-width=\"6\"><div class=\"bt_bb_column_content\"><div class=\"bt_bb_image bt_bb_shape_square bt_bb_target_self bt_bb_align_left bt_bb_hover_style_simple bt_bb_content_display_always bt_bb_content_align_top bt_bb_hidden_ms bt_bb_hidden_sm bt_bb_hidden_md bt_bb_hidden_lg\" data-bt-override-class=\"{&quot;bt_bb_align_&quot;:{&quot;current_class&quot;:&quot;bt_bb_align_left&quot;,&quot;xxl&quot;:&quot;left&quot;,&quot;xl&quot;:&quot;left&quot;}}\"><span><img width=\"768\" height=\"432\" src=\"https:\/\/www.sgbstudio.it\/wp-content\/uploads\/2023\/11\/business-valuation-768x432.jpg\" class=\"attachment-medium_large size-medium_large\" alt=\"https:\/\/www.sgbstudio.it\/wp-content\/uploads\/2023\/11\/business-valuation-768x432.jpg\" decoding=\"async\" loading=\"lazy\" data-full_image_src=\"https:\/\/www.sgbstudio.it\/wp-content\/uploads\/2023\/11\/business-valuation.jpg\" title=\"business-valuation\" srcset=\"https:\/\/www.sgbstudio.it\/wp-content\/uploads\/2023\/11\/business-valuation-768x432.jpg 768w, https:\/\/www.sgbstudio.it\/wp-content\/uploads\/2023\/11\/business-valuation-640x360.jpg 640w, https:\/\/www.sgbstudio.it\/wp-content\/uploads\/2023\/11\/business-valuation-320x180.jpg 320w, https:\/\/www.sgbstudio.it\/wp-content\/uploads\/2023\/11\/business-valuation.jpg 1280w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/><\/span><\/div><div class=\"bt_bb_separator bt_bb_border_style_none bt_bb_top_spacing_normal\" data-bt-override-class=\"null\"><\/div><header class=\"bt_bb_headline bt_bb_font_weight_bold bt_bb_dash_none bt_bb_size_large bt_bb_align_inherit\" data-bt-override-class=\"{&quot;bt_bb_size_&quot;:{&quot;current_class&quot;:&quot;bt_bb_size_large&quot;,&quot;xxl&quot;:&quot;large&quot;,&quot;xl&quot;:&quot;large&quot;},&quot;bt_bb_align_&quot;:{&quot;current_class&quot;:&quot;bt_bb_align_inherit&quot;,&quot;xxl&quot;:&quot;inherit&quot;,&quot;xl&quot;:&quot;inherit&quot;}}\"><h1 class=\"bt_bb_headline_tag\"><span class=\"bt_bb_headline_content\"><span>Valuations of companies, business units and corporate holdings<\/span><\/span><\/h1><\/header><div class=\"bt_bb_separator bt_bb_border_style_none bt_bb_top_spacing_normal\" data-bt-override-class=\"null\"><\/div><div  class=\"bt_bb_text\" style=\"max-width: 800px;\"><p>The valuation process over time has gained increasing importance within the day-to-day operations of those in business. <strong>The definition of value<\/strong> remains the main objective in extraordinary corporate finance transactions or corporate reorganization projects. As of today, valuations are considered an assessment process to support the strategic choices of Shareholders.<\/p>\n<\/div><div class=\"bt_bb_separator bt_bb_border_style_none bt_bb_top_spacing_normal\" data-bt-override-class=\"null\"><\/div><\/div><\/div><\/div><\/div><\/div><!-- cell_inner --><\/div><!-- cell --><\/div><!-- port --><\/section><section id=\"bt_bb_section6a072478f1235\" class=\"bt_bb_section bt_bb_layout_wide bt_bb_vertical_align_top\" style=\";background-color:#edebe8;\" data-bt-override-class=\"null\"><div class=\"bt_bb_port\"><div class=\"bt_bb_cell\"><div class=\"bt_bb_cell_inner\"><div class=\"bt_bb_row_wrapper\"><div  class=\"bt_bb_row bt_bb_column_gap_0 bt_bb_hidden_md bt_bb_hidden_lg\"  data-bt-override-class=\"{}\"><div  class=\"bt_bb_column col-md-12 col-ms-12 bt_bb_align_left bt_bb_vertical_align_top bt_bb_padding_double bt_bb_column_background_image\" style=\"background-image:url(&#039;https:\/\/www.sgbstudio.it\/wp-content\/uploads\/2023\/11\/m-a.jpg&#039;);\" data-width=\"12\"><div class=\"bt_bb_column_content\"><div class=\"bt_bb_separator bt_bb_border_style_none bt_bb_top_spacing_large bt_bb_bottom_spacing_extra_large\" data-bt-override-class=\"null\"><\/div><\/div><\/div><\/div><\/div><div class=\"bt_bb_row_wrapper\"><div  class=\"bt_bb_row bt_bb_column_gap_0\"  data-bt-override-class=\"{}\"><div  class=\"bt_bb_column col-md-6 col-sm-12 bt_bb_align_left bt_bb_vertical_align_middle bt_bb_animation_fade_in animate bt_bb_padding_double bt_bb_animation_fade_in animate\" style=\"background-color: rgba(232, 235, 240, 1);\" data-width=\"6\"><div class=\"bt_bb_column_content\"><div class=\"bt_bb_separator bt_bb_border_style_none bt_bb_top_spacing_medium bt_bb_bottom_spacing_none\" data-bt-override-class=\"{&quot;bt_bb_top_spacing_&quot;:{&quot;current_class&quot;:&quot;bt_bb_top_spacing_medium&quot;,&quot;xxl&quot;:&quot;medium&quot;,&quot;xl&quot;:&quot;medium&quot;},&quot;bt_bb_bottom_spacing_&quot;:{&quot;current_class&quot;:&quot;bt_bb_bottom_spacing_none&quot;,&quot;xxl&quot;:&quot;none&quot;,&quot;xl&quot;:&quot;none&quot;}}\"><\/div><header class=\"bt_bb_headline bt_bb_font_weight_bold bt_bb_dash_none bt_bb_size_large bt_bb_align_inherit\" data-bt-override-class=\"{&quot;bt_bb_size_&quot;:{&quot;current_class&quot;:&quot;bt_bb_size_large&quot;,&quot;xxl&quot;:&quot;large&quot;,&quot;xl&quot;:&quot;large&quot;},&quot;bt_bb_align_&quot;:{&quot;current_class&quot;:&quot;bt_bb_align_inherit&quot;,&quot;xxl&quot;:&quot;inherit&quot;,&quot;xl&quot;:&quot;inherit&quot;}}\"><h1 class=\"bt_bb_headline_tag\"><span class=\"bt_bb_headline_content\"><span>M&#038;A operations<\/span><\/span><\/h1><\/header><div class=\"bt_bb_separator bt_bb_border_style_none bt_bb_top_spacing_normal bt_bb_bottom_spacing_small\" data-bt-override-class=\"null\"><\/div><div  class=\"bt_bb_text\" style=\"max-width: 800px;\"><p>Merger &amp; Acquisition (M&amp;A) transactions are now the most frequently adopted growth mode for companies to pursue their strategic objectives.<\/p>\n<p>Through M&amp;A operations, the corporate structure of two or more companies is changed with the aim, for example, of creating new synergies and economies of scale, growing by external lines, managing the transfer of ownership, generational change or transition from family to managerial ownership, relaunching the business, improving management, increasing competitiveness in the target market, and diversifying its business. The main peculiarity is the speed that distinguishes these operations from growth paths by internal lines, allowing companies to enter new markets or access new technologies, innovations and skills quickly and flexibly.<\/p>\n<p>For these reasons, M&amp;A transactions have over time been increasingly used by companies in their strategies aimed at gaining a competitive advantage.<\/p>\n<\/div><div class=\"bt_bb_separator bt_bb_border_style_none bt_bb_top_spacing_none bt_bb_bottom_spacing_medium\" data-bt-override-class=\"{&quot;bt_bb_top_spacing_&quot;:{&quot;current_class&quot;:&quot;bt_bb_top_spacing_none&quot;,&quot;xxl&quot;:&quot;none&quot;,&quot;xl&quot;:&quot;none&quot;},&quot;bt_bb_bottom_spacing_&quot;:{&quot;current_class&quot;:&quot;bt_bb_bottom_spacing_medium&quot;,&quot;xxl&quot;:&quot;medium&quot;,&quot;xl&quot;:&quot;medium&quot;}}\"><\/div><\/div><\/div><div  class=\"bt_bb_column col-md-6 col-sm-12 bt_bb_align_left bt_bb_vertical_align_top bt_bb_padding_normal bt_bb_column_background_image bt_bb_hidden_xs bt_bb_hidden_ms bt_bb_hidden_sm\" style=\"background-image:url(&#039;https:\/\/www.sgbstudio.it\/wp-content\/uploads\/2023\/11\/m-a.jpg&#039;);\" data-width=\"6\"><div class=\"bt_bb_column_content\"><div class=\"bt_bb_separator bt_bb_border_style_none bt_bb_top_spacing_large bt_bb_bottom_spacing_extra_large\" data-bt-override-class=\"null\"><\/div><\/div><\/div><\/div><\/div><\/div><!-- cell_inner --><\/div><!-- cell --><\/div><!-- port --><\/section><section id=\"bt_bb_section6a072478f18a5\" class=\"bt_bb_section bt_bb_layout_wide bt_bb_vertical_align_top\" style=\";background-color:#edebe8;\" data-bt-override-class=\"null\"><div class=\"bt_bb_port\"><div class=\"bt_bb_cell\"><div class=\"bt_bb_cell_inner\"><div class=\"bt_bb_row_wrapper\"><div  class=\"bt_bb_row\"  data-bt-override-class=\"{}\"><div  class=\"bt_bb_column col-md-6 col-sm-12 bt_bb_align_right bt_bb_vertical_align_top bt_bb_padding_normal bt_bb_column_background_image\" style=\"background-image:url(&#039;https:\/\/www.sgbstudio.it\/wp-content\/uploads\/2023\/11\/contabili-fiscali-legali.jpg&#039;);\" data-width=\"6\"><div class=\"bt_bb_column_content\"><div class=\"bt_bb_separator bt_bb_border_style_none bt_bb_top_spacing_large bt_bb_bottom_spacing_extra_large\" data-bt-override-class=\"null\"><\/div><\/div><\/div><div  class=\"bt_bb_column col-md-6 col-sm-12 bt_bb_align_left bt_bb_vertical_align_middle bt_bb_animation_fade_in animate bt_bb_padding_double bt_bb_animation_fade_in animate\" style=\"background-color: rgba(232, 235, 240, 1);\" data-width=\"6\"><div class=\"bt_bb_column_content\"><div class=\"bt_bb_separator bt_bb_border_style_none bt_bb_top_spacing_medium bt_bb_bottom_spacing_none\" data-bt-override-class=\"{&quot;bt_bb_top_spacing_&quot;:{&quot;current_class&quot;:&quot;bt_bb_top_spacing_medium&quot;,&quot;xxl&quot;:&quot;medium&quot;,&quot;xl&quot;:&quot;medium&quot;},&quot;bt_bb_bottom_spacing_&quot;:{&quot;current_class&quot;:&quot;bt_bb_bottom_spacing_none&quot;,&quot;xxl&quot;:&quot;none&quot;,&quot;xl&quot;:&quot;none&quot;}}\"><\/div><header class=\"bt_bb_headline bt_bb_font_weight_bold bt_bb_dash_none bt_bb_size_large bt_bb_align_inherit\" data-bt-override-class=\"{&quot;bt_bb_size_&quot;:{&quot;current_class&quot;:&quot;bt_bb_size_large&quot;,&quot;xxl&quot;:&quot;large&quot;,&quot;xl&quot;:&quot;large&quot;},&quot;bt_bb_align_&quot;:{&quot;current_class&quot;:&quot;bt_bb_align_inherit&quot;,&quot;xxl&quot;:&quot;inherit&quot;,&quot;xl&quot;:&quot;inherit&quot;}}\"><h1 class=\"bt_bb_headline_tag\"><span class=\"bt_bb_headline_content\"><span>Accounting\/tax\/legal\u2019s due diligence<\/span><\/span><\/h1><\/header><div class=\"bt_bb_separator bt_bb_border_style_none bt_bb_top_spacing_normal\" data-bt-override-class=\"null\"><\/div><div  class=\"bt_bb_text\" style=\"max-width: 800px;\"><p>Within an extraordinary transaction, in order to elide the information asymmetry between buyer and seller, the seller or buyer engages an independent third party to conduct &#8220;due diligence&#8221; checks and controls. The main objectives of due diligence are to: confirm the strategic rationale of the transaction; confirm the preliminary assessment included in preliminary documents (e.g., letters of intent, term sheet); and identify any risk factors, critical issues and opportunities. Due diligence normally involves checks and balances on various areas: financial\/accounting, commercial, tax, legal, HR\/payroll, IT, reputational, and ESG.<\/p>\n<p>What can SGB do?<br \/>\nWith a specialized and dedicated Team, it can assist the buyer or seller in the appropriate and necessary verifications in order to proceed with the prospective transactions avoiding later surprises.<\/p>\n<\/div><div class=\"bt_bb_separator bt_bb_border_style_none bt_bb_top_spacing_none bt_bb_bottom_spacing_medium\" data-bt-override-class=\"{&quot;bt_bb_top_spacing_&quot;:{&quot;current_class&quot;:&quot;bt_bb_top_spacing_none&quot;,&quot;xxl&quot;:&quot;none&quot;,&quot;xl&quot;:&quot;none&quot;},&quot;bt_bb_bottom_spacing_&quot;:{&quot;current_class&quot;:&quot;bt_bb_bottom_spacing_medium&quot;,&quot;xxl&quot;:&quot;medium&quot;,&quot;xl&quot;:&quot;medium&quot;}}\"><\/div><\/div><\/div><\/div><\/div><\/div><!-- cell_inner --><\/div><!-- cell --><\/div><!-- port --><\/section><section id=\"bt_bb_section6a072478f1dee\" class=\"bt_bb_section bt_bb_layout_wide bt_bb_vertical_align_top\" style=\";background-color:#edebe8;\" data-bt-override-class=\"null\"><div class=\"bt_bb_port\"><div class=\"bt_bb_cell\"><div class=\"bt_bb_cell_inner\"><div class=\"bt_bb_row_wrapper\"><div  class=\"bt_bb_row bt_bb_column_gap_0 bt_bb_hidden_md bt_bb_hidden_lg\"  data-bt-override-class=\"{}\"><div  class=\"bt_bb_column col-md-12 col-ms-12 bt_bb_align_left bt_bb_vertical_align_top bt_bb_padding_double bt_bb_column_background_image\" style=\"background-image:url(&#039;https:\/\/www.sgbstudio.it\/wp-content\/uploads\/2023\/11\/assistenza-negoziazione.jpg&#039;);\" data-width=\"12\"><div class=\"bt_bb_column_content\"><div class=\"bt_bb_separator bt_bb_border_style_none bt_bb_top_spacing_large bt_bb_bottom_spacing_extra_large\" data-bt-override-class=\"null\"><\/div><\/div><\/div><\/div><\/div><div class=\"bt_bb_row_wrapper\"><div  class=\"bt_bb_row bt_bb_column_gap_0\"  data-bt-override-class=\"{}\"><div  class=\"bt_bb_column col-md-6 col-sm-12 bt_bb_align_left bt_bb_vertical_align_middle bt_bb_animation_fade_in animate bt_bb_padding_double bt_bb_animation_fade_in animate\" style=\"background-color: rgba(232, 235, 240, 1);\" data-width=\"6\"><div class=\"bt_bb_column_content\"><div class=\"bt_bb_separator bt_bb_border_style_none bt_bb_top_spacing_medium bt_bb_bottom_spacing_none\" data-bt-override-class=\"{&quot;bt_bb_top_spacing_&quot;:{&quot;current_class&quot;:&quot;bt_bb_top_spacing_medium&quot;,&quot;xxl&quot;:&quot;medium&quot;,&quot;xl&quot;:&quot;medium&quot;},&quot;bt_bb_bottom_spacing_&quot;:{&quot;current_class&quot;:&quot;bt_bb_bottom_spacing_none&quot;,&quot;xxl&quot;:&quot;none&quot;,&quot;xl&quot;:&quot;none&quot;}}\"><\/div><header class=\"bt_bb_headline bt_bb_font_weight_bold bt_bb_dash_none bt_bb_size_large bt_bb_align_inherit\" data-bt-override-class=\"{&quot;bt_bb_size_&quot;:{&quot;current_class&quot;:&quot;bt_bb_size_large&quot;,&quot;xxl&quot;:&quot;large&quot;,&quot;xl&quot;:&quot;large&quot;},&quot;bt_bb_align_&quot;:{&quot;current_class&quot;:&quot;bt_bb_align_inherit&quot;,&quot;xxl&quot;:&quot;inherit&quot;,&quot;xl&quot;:&quot;inherit&quot;}}\"><h1 class=\"bt_bb_headline_tag\"><span class=\"bt_bb_headline_content\"><span>Negotiation assistance<br \/>\r\n<\/span><\/span><\/h1><\/header><div class=\"bt_bb_separator bt_bb_border_style_none bt_bb_top_spacing_normal bt_bb_bottom_spacing_small\" data-bt-override-class=\"null\"><\/div><div  class=\"bt_bb_text\" style=\"max-width: 800px;\"><p>M&amp;A transactions require affinity to the entrepreneur at various stages of negotiation. In the preliminary stage, where existing conditions need to be verified and the path to be followed defined with the counterparty, generally sealed by the signing of a letter of intent or term sheet. In the executive phase, where it is necessary to define with the counterparty the details of the agreements and covenants, sealed by the signing of the Final Agreements and\/or Shareholders&#8217; Agreements (signing). In the final phase, where it is necessary to effectively execute the signed agreements (closing). In the post-closing phase, where there are generally so-called &#8220;adjustments&#8221; with reference to the date of execution of the underlying agreements.<\/p>\n<p><strong>What can SGB do?<\/strong><br \/>\nWith a specialized Team and supported by the legal area can assist the buyer or seller step by step in the steps of the transaction.<\/p>\n<\/div><div class=\"bt_bb_separator bt_bb_border_style_none bt_bb_top_spacing_none bt_bb_bottom_spacing_medium\" data-bt-override-class=\"{&quot;bt_bb_top_spacing_&quot;:{&quot;current_class&quot;:&quot;bt_bb_top_spacing_none&quot;,&quot;xxl&quot;:&quot;none&quot;,&quot;xl&quot;:&quot;none&quot;},&quot;bt_bb_bottom_spacing_&quot;:{&quot;current_class&quot;:&quot;bt_bb_bottom_spacing_medium&quot;,&quot;xxl&quot;:&quot;medium&quot;,&quot;xl&quot;:&quot;medium&quot;}}\"><\/div><\/div><\/div><div  class=\"bt_bb_column col-md-6 col-sm-12 bt_bb_align_left bt_bb_vertical_align_top bt_bb_padding_normal bt_bb_column_background_image bt_bb_hidden_xs bt_bb_hidden_ms bt_bb_hidden_sm\" style=\"background-image:url(&#039;https:\/\/www.sgbstudio.it\/wp-content\/uploads\/2023\/11\/assistenza-negoziazione.jpg&#039;);\" data-width=\"6\"><div class=\"bt_bb_column_content\"><div class=\"bt_bb_separator bt_bb_border_style_none bt_bb_top_spacing_large bt_bb_bottom_spacing_extra_large\" data-bt-override-class=\"null\"><\/div><\/div><\/div><\/div><\/div><\/div><!-- cell_inner --><\/div><!-- cell --><\/div><!-- port --><\/section><section id=\"bt_bb_section6a072478f26b0\" class=\"bt_bb_section bt_bb_layout_wide bt_bb_vertical_align_top\" style=\";background-color:#edebe8;\" data-bt-override-class=\"null\"><div class=\"bt_bb_port\"><div class=\"bt_bb_cell\"><div class=\"bt_bb_cell_inner\"><div class=\"bt_bb_row_wrapper\"><div  class=\"bt_bb_row\"  data-bt-override-class=\"{}\"><div  class=\"bt_bb_column col-md-6 col-sm-12 bt_bb_align_right bt_bb_vertical_align_top bt_bb_padding_normal bt_bb_column_background_image\" style=\"background-image:url(&#039;https:\/\/www.sgbstudio.it\/wp-content\/uploads\/2023\/11\/attivita-di-consulenza.jpg&#039;);\" data-width=\"6\"><div class=\"bt_bb_column_content\"><div class=\"bt_bb_separator bt_bb_border_style_none bt_bb_top_spacing_large bt_bb_bottom_spacing_extra_large\" data-bt-override-class=\"null\"><\/div><\/div><\/div><div  class=\"bt_bb_column col-md-6 col-sm-12 bt_bb_align_left bt_bb_vertical_align_middle bt_bb_animation_fade_in animate bt_bb_padding_double bt_bb_animation_fade_in animate\" style=\"background-color: rgba(232, 235, 240, 1);\" data-width=\"6\"><div class=\"bt_bb_column_content\"><div class=\"bt_bb_separator bt_bb_border_style_none bt_bb_top_spacing_large bt_bb_bottom_spacing_none\" data-bt-override-class=\"{&quot;bt_bb_top_spacing_&quot;:{&quot;current_class&quot;:&quot;bt_bb_top_spacing_large&quot;,&quot;xxl&quot;:&quot;large&quot;,&quot;xl&quot;:&quot;large&quot;},&quot;bt_bb_bottom_spacing_&quot;:{&quot;current_class&quot;:&quot;bt_bb_bottom_spacing_none&quot;,&quot;xxl&quot;:&quot;none&quot;,&quot;xl&quot;:&quot;none&quot;}}\"><\/div><header class=\"bt_bb_headline bt_bb_font_weight_bold bt_bb_dash_none bt_bb_size_large bt_bb_align_inherit\" data-bt-override-class=\"{&quot;bt_bb_size_&quot;:{&quot;current_class&quot;:&quot;bt_bb_size_large&quot;,&quot;xxl&quot;:&quot;large&quot;,&quot;xl&quot;:&quot;large&quot;},&quot;bt_bb_align_&quot;:{&quot;current_class&quot;:&quot;bt_bb_align_inherit&quot;,&quot;xxl&quot;:&quot;inherit&quot;,&quot;xl&quot;:&quot;inherit&quot;}}\"><h1 class=\"bt_bb_headline_tag\"><span class=\"bt_bb_headline_content\"><span>Pre and post deal advisory activities<\/span><\/span><\/h1><\/header><div class=\"bt_bb_separator bt_bb_border_style_none bt_bb_top_spacing_normal bt_bb_bottom_spacing_small\" data-bt-override-class=\"null\"><\/div><div  class=\"bt_bb_text\" style=\"max-width: 800px;\"><p>SGB is able to support clients in creating value through M&amp;A processes by developing a suitable and compliant pre-deal strategy, identifying possible difficulties, supporting in obtaining the best structure for the deal, and identifying the key fine aspects of the negotiation, resulting in conveying efficiency in transactions.<\/p>\n<p>In addition, the SGB team is also able to support its clients in the post-deal stages, to implement synergies and improvements, but also to manage integration processes, divestment of non-strategic assets.<\/p>\n<\/div><div class=\"bt_bb_separator bt_bb_border_style_none bt_bb_top_spacing_none bt_bb_bottom_spacing_large\" data-bt-override-class=\"{&quot;bt_bb_top_spacing_&quot;:{&quot;current_class&quot;:&quot;bt_bb_top_spacing_none&quot;,&quot;xxl&quot;:&quot;none&quot;,&quot;xl&quot;:&quot;none&quot;},&quot;bt_bb_bottom_spacing_&quot;:{&quot;current_class&quot;:&quot;bt_bb_bottom_spacing_large&quot;,&quot;xxl&quot;:&quot;large&quot;,&quot;xl&quot;:&quot;large&quot;}}\"><\/div><\/div><\/div><\/div><\/div><\/div><!-- cell_inner --><\/div><!-- cell --><\/div><!-- port --><\/section>","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":9,"comment_status":"closed","ping_status":"closed","template":"","meta":[],"_links":{"self":[{"href":"https:\/\/www.sgbstudio.it\/en\/wp-json\/wp\/v2\/pages\/6153"}],"collection":[{"href":"https:\/\/www.sgbstudio.it\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.sgbstudio.it\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.sgbstudio.it\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.sgbstudio.it\/en\/wp-json\/wp\/v2\/comments?post=6153"}],"version-history":[{"count":2,"href":"https:\/\/www.sgbstudio.it\/en\/wp-json\/wp\/v2\/pages\/6153\/revisions"}],"predecessor-version":[{"id":6155,"href":"https:\/\/www.sgbstudio.it\/en\/wp-json\/wp\/v2\/pages\/6153\/revisions\/6155"}],"wp:attachment":[{"href":"https:\/\/www.sgbstudio.it\/en\/wp-json\/wp\/v2\/media?parent=6153"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}