Category: Crewe Capital

Understanding Net Working Capital and its Importance in a Transaction

Net Working Capital (NWC) is one of the most important negotiations in a transaction, often having the greatest economic effect compared to other terms in a deal. NWC is also
one of the levers buyers can use to potentially lower the price they pay for an acquisition. Why then, does NWC so rarely get discussed until the transaction is almost complete? The answer to that question, and the topic of NWC in general, can be complicated. However, a
good advisor should be able to simplify the explanation and act as an advocate to ensure the seller receives fair treatment. In this article, we will take a look at what NWC is, how it
is used, and the benefits an investment banker can provide to sellers by negotiating its value.

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Crewe Capital Expands Footprint to Michigan with Addition of Veteran Banker

Crewe Capital (Crewe), one of the nation’s leading boutique investment banks, is pleased to announce it has brought on Brian Basil to lead its investment banking efforts in Michigan as managing director. For more than 25 years, Basil has provided strategic mergers and acquisition advisory services across a broad range of industries. He joins a carefully curated team of investment bankers who have advised on hundreds of transactions, aggregating more than $250 billion in total value.

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Breaking Down a Purchase Agreement

For business owners currently engaged in or contemplating an M&A process, the importance of the purchase agreement is critical. Beyond the legal intricacies, this document serves as a basis of trust, transparency, and collaboration between buyers and sellers. To navigate this pivotal phase of the M&A process, prudent business owners are well-advised to engage the services of experienced investment bankers and M&A attorneys.

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10 Reasons Business Owners Should Perform a Quality of Earnings Analysis When Selling Their Company

Whether a company is undergoing its first financial review or has a history of accounting oversight, the decision to engage in a Quality of Earnings (QofE) analysis is crucial, especially for those contemplating a sale. A QofE analysis focuses on the accuracy and sustainability of earnings, helps sellers better understand how buyers are going to evaluate their business, and provides a deeper understanding of the true earning potential of a business.

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