Deal Craft

Technical deal mechanics - EBITDA normalization, working capital, debt structuring

Deal Craft

Working Capital in German SME Acquisitions: From LOI to Locked Box

Working capital disputes are among the most common sources of post-closing friction in German SME acquisitions, and they are almost entirely preventable. They arise not from bad faith but from a gap in expectations that forms long before the purchase agreement is signed: the buyer is thinking about normalized, professionally

Deal Craft

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