SERVICES

A complete suite of corporate finance & advisory services

Meeting your unique business needs

MERGERS & ACQUISITIONS

Valeo Capital provides expert advice on the entire M&A process, ensuring a seamless process from inception to implementation. The team consists of chartered accountants, attorneys and CFA charter holders who can assess and advise on all aspects of your transaction.

FAIRNESS OPINIONS & VALUATIONS

Valeo Capital is a JSE accredited independent expert and acts as an independent expert in terms of the Companies Act.

Company valuations

  • M&A transactions
  • Purchase price allocations (PPA’s)

Fairness opinions

  • JSE fairness opinions
  • TRP fair and reasonable opinions

Option valuations

  • Employee share incentives
  • BEE transactions
  • Convertible securities

Impairment testing

  • IFRS compliant valuations
View Select Valuations

BEE OWNERSHIP TRANSACTIONS

Valeo Capital plays an integral role in the entire transaction process.

STRUCTURE ALTERNATIVES

  • Understand client requirements
  • Present various structure alternatives
  • Provide an overview of the accounting and regulatory implications
    of the proposed structures (IFRS 2 implications etc)

PROCURE THE RIGHT PARTNER

  • Prepare teaser/information Memorandum
  • Propose and approach potential BEE parties
  • Evaluate interested BEE parties and their value
    proposition to the client

STRATEGY & NEGOTIATIONS

  • Negotiations
  • Review/drafting of transaction agreements
  • Shareholder engagement on the transaction terms

IMPLEMENT

  • Liaise with tax, legal and accounting advisors
  • Liaise with BEE verification agent to ensure correct application of the BEE codes and scoring
  • Perform detailed option valuation (IFRS 2)
  • Regulatory approvals
  • Deal execution

LISTINGS

Valeo Capital is an expert advisor on listings on the JSE, Altx, Cape Town Stock Exchange and other exchanges. The team members have collectively advised on over 24 listings, including on the first fast track listing and the first dual primary listing on the JSE. We project management the entire listing process from inception to implementation.

  • JSE Main Board Listings
  • Dual Primary Listings
  • JSE AltX Listings
  • Reverse Listings
  • Fast Track Listings
  • CTSE Listings
  • Secondary Inward Dual Listings
  • Other Exchange Listings

JSE, CTSE & REGULATORY SERVICES

Valeo Capital has in-depth knowledge and experience in advising on the JSE Listings Requirements, CTSE Listing Requirements, the Takeover Regulations and related regulatory requirements.

  • Act as sponsor, designated advisor or issuer agent on the various exchanges
  • Advise on the JSE, TRP and other regulatory aspects of corporate actions
  • Draft circulars, announcements and supporting documentation required for corporate actions
  • Advise on continuing obligations of various exchanges
  • Project manage the regulatory approval and the implementation of corporate actions
  • Experience in obtaining approvals from exchanges outside of South Africa
  • Excellent relationships with JSE, TRP, CTSE and other regulators
  • We project manage the approval process of the Competition Authorities (often across jurisdictions) in conjunction with attorneys
APPROVED JSE SPONSOR & DESIGNATED ADVISOR (AltX)
APPROVED ISSUER AGENT
TRP REQUIREMENTS ADVISOR

CAPITAL RAISINGS & SECONDARY PLACEMENTS

Valeo Capital advises on all aspects of capital raising and secondary placements. The team members have been involved in and executed on capital placements in excess of R5.5 billion. We have excellent relationships with the investment community at large, including institutional fund managers, private client wealth managers, high net worth individuals and family offices.

  • IPO’S
  • PRIVATE PLACEMENTS
  • ACCELERATED BOOK BUILDS
  • RIGHTS OFFERS
  • CLAW-BACK RIGHTS OFFERS
  • SECONDARY PLACINGS

DUE DILIGENCE INVESTIGATIONS

Valeo Capital provides tailor made solutions based on the client’s requirements, the industry sector and transaction specific factors. Through our analysis of the business and its operations, we identify and assess both the key value drivers and risks to sustainable earnings and cash flows.

Note 1: Should tax and legal due diligence be required, Valeo Capital has an established network of experts in these fields to assist with the services, whilst we project manage the entire process.