Purchase of assets of another business

The purchase of assets of another business, undertaken during a merger and acquisition deal or through a direct purchase, is one of the best options for expanding the scale of schemes and solidifying competitive positions in the relevant market. Trade holdings directly affect the pecuniary stability of a pecuniary entity. They represent a set of tangible and intangible resources under the oversight of the firm and capable of generating pecuniary benefits in the future.

Competent administration and rational use of trade holdings are conditions for achieving competitiveness and pecuniary stability. They serve as a source of revenue, ensure the production sequence, facilitate the expansion of the scale of schemes and boost the efficiency of oversight. The gain of mercantile holdings, linked with the transfer of proprietorship to a new owner of production facilities, intellectual property, and other resources, consents the buyer to derive pecuniary benefit by incorporating the received holdings into the existing organizational trade model.

At the same time, the process of acquiring assets of another business is linked with the need to perform a licit examination (background checking) of the deal object, the purpose of which is to identify prospective encumbrances and constraints, examining their influence on the pecuniary feasibility and lawfulness of the deal can be prime. Particular attention in the process of acquiring corporate assets is given to the audit of title indentures, analysis of possible excise outcomes and antitrust restrictions.

Contingent on the form of holding acquisition, various licit mechanisms are used, including the conclusion of a trade undertaking, reorganization of a licit entity in the form of a merger or accession. The choice of the optimal form is contingent on the aims of the associates, the characteristics of the received holdings, applicable legislation and corporate sequences. The final phase of the deal is the state registration of the transfer of proprietorship of the acquired assets, undertaken in conformance with the sequence established by current legislation.

Thus, getting holdings of another mercantile is a multifaceted sequence that mandates professional licit aid, starting with background checking and forming of the deal and ending with the enrollment of the conveyance of proprietorship. The publication explains the licit and fiscal aspects that arise when finalising deals for getting holdings of another trade, with an emphasis on the key licit outcomes linked with the deal, levy dues and the prospective for optimizing excise bills. The features of the licit enrollment of contractual relations between the associates are analyzed, including issues of the procedural sequence of the deal.

Purchase of assets of another business

This is aimed at obtaining certain resources/prerogatives belonging to the firm without acquiring the corporate setup as such. This investment strategy focuses on selective acquisition of holdings, tangible (e.g. real estate, equipment) or intangible (e.g. intellectual property, tech enhancements of the trade).

There are many prime motives that determine the intention of a trade entity to procure holdings of another firm. These may include optimization of production bills through the execution of the scale effect within the existing product or service line, reduction of the counterparty's competitive merits, diversification of the trade portfolio through expansion into linked market segments, geographic expansion with the aim of penetrating new territorial markets, obtaining a synergistic effect from the integration of holdings, receive of the firm's holdings with the aim of preventing their conveyance under the oversight of a prospective competitor.

During the deal, the financier does not acquire a licit entity, but only its individual holdings, which consents him to take a flexible and targeted approach to forming his investment portfolio. It is prime to note that the process of acquiring business assets mandates licit expertise and forming of the deal to reduce the likelihood of perils.

Unlike the acquisition of an existing trade, the procurement of holdings of another firm implies that the financier makes a selective choice of resources that correspond to its tactical goals. This approach consents the financier to optimize the setup of the acquired property, excluding potentially problematic or excess holdings from it. This lowers the perils linked with assuming onuses and encumbrances linked with the acquisition of an entire trade.

When performing a deal to buy holdings, the financier has the opportunity to:

• Exclude unwanted holdings from the deal (obsolete equipment, non-core divisions or unprofitable projects).
• Limit your liability for the seller's debts and onuses by selecting only those that are directly linked to the holdings being acquired.
• Avoid complex background checking sequences linked with assessing the solvency and legitimacy of the licit status of the entire trade.

As a result, it is a flexible investment tool that consents the financier to focus on the most promising resources for his trade. Below is a comparative table illustrating the differences between the sequence for getting holdings of another mercantile and a deal for the acquisition of the entire firm, considering licit outcomes, corporate onuses and regulatory aspects.

Motives for acquiring assets of another business

The conclusion of a trade holding undertaking may be motivated by various reasons in order to implement specific tactical objectives. In particular, the definition of tactical directions for corporate development is one of the prime elements determining the getting of trade holdings of another firm. This is explained by the fact that such deals assert firms to quickly boost their production potential, diversify their schemes by entering new markets or entering new segments, while avoiding prime bureaucratic formalities linked with the creation of facilities from scratch. As a result, this supplies the acquirer with a competitive merit.

Acquiring advanced technological solutions and innovative developments is another prime aspect of modern trade. In a dynamically developing market, firms strive to solidify their competitive positions by implementing the latest achievements of science and tech. One effective way to achieve this goal is to acquire assets of another trade, such as ready-made technological developments, given in the form of patents or licenses. This approach consents you to primely reduce the time and bills linked with performing your own R&D.

Getting patents provides firms with the opportunity to quickly commence novel items and aids into production, which have improved characteristics and consumer properties. This, in turn, helps to boost trade efficiency and solidifies its position in the market. At the same time, the acquisition of licenses for the use of technological developments of another trade consents firms to gain access to advanced knowledge and experience, which helps to accelerate the innovation sequence and bring competitive items to the market.

Pecuniary feasibility, as a criterion for the efficiency of trade schemes, is prime when choosing a trade development strategy. Procuring existing holdings of another trade is often considered an fiscally sound option compared to creating similar resources on your own. This circumstance is relevant in cases where we are talking about prime savings in pecuniary resources or the possibility of acquiring resources at a reduced bill, which in total provides pecuniary benefits.

Getting holdings of another firm is an effective diversification scheme aimed at maintaining the pecuniary stability of the firm. Expanding the financing portfolio helps to boost resistance to pecuniary volatility and industry transformations, as perils are redistributed between distinct holdings and markets, which lessens the likelihood of prime losses in the event of an unfavorable development of events. Financing in holdings of another mercantile with high growth prospects can provide not only additional revenue, but also a prime boost in capital in the future, which, in turn, will lead to a prime boost in the overall worth of the firm and its investment attractiveness.

The acquisition helps trade entities to intensify growth rates and stimulate innovative schemes, ensuring integrated development and solidifying competitive positions. Also, the procurement of trade holdings of another venture consents for the minimization of operational perils, thereby propelling the stability of functioning and predictability of performance results.

Types of mercantile assets

Getting trade holdings implies the conveyance of prerogatives to various holdings with unique characteristics that mandate accounting and planning during background checking and subsequent execution of a trade undertaking. Holdings, being the material embodiment of property prerogatives, consent for a high degree of reliability in verifying the current pecuniary position of a firm and forecasting its ability to ensure continuous monetization of commercial schemes.

The pecuniary essence of holdings lies in their capacity to generate pecuniary benefits in the future. Holdings serve as a source of covering current dues, provide the opportunity to invest in expanding production and modernizing the technological base. Also, holdings are a prime factor in the investment attractiveness of a firm. Financiers, assessing the pecuniary condition of a prospect investment object, pay close attention to the setup and quality of holdings, since they serve as a guarantee of the return of invested funds and profit.

"Tangible assets" are holdings that have a tangible form. This term covers a wide range of holdings, including, but not limited to:

• Real estate such as land, buildings, prerogatives linked to real estate such as leasehold prerogatives, licences to use land or buildings, prerogatives to use infrastructure, if they are given in conformance with applicable regulations.
• Movable property, including equipment, machinery, goods and raw materials, etc.

A prime criterion for classifying an asset as material is the possibility of its inventory and evaluation. Inventory is the sequence of recording the presence, condition and quantity of material holdings, usually undertaken by taking an inventory. Evaluation involves determining the value expression of these holdings, which is compulsory for the purposes of accounting, taxation, insurance and other licit sequences.

"Intangible assets," on the contrary, do not have a physical form, but have value and bring pecuniary benefits to their proprietor. These include IP objects (patents, TM, copyrights, industrial designs), trade reputation (goodwill), trade secrets (know-how), licenses. When acquiring mercantile holdings, it is prime to assess their real value, identify possible encumbrances, and determine the sequence for their conveyance. Particular attention should be paid to intangible holdings, which are often key elements in trade success.

When performing due diligence when purchasing business assets, it is compulsory to obtain complete and reliable information about each holding, including its licit status, technical condition, information about the need for major repairs or modernization, and possible perils linked with its use. The data obtained must be reflected in the trade undertaking, which contains clear terms of the conveyance of proprietorship of the holdings, the sequence for their acceptance, and the seller's warranties and assurances regarding their abidance with the declared characteristics.

What to look for when buying?

Before initiating the sequence of getting holdings of another firm, it is prime to be fully aware of the licit indentures and procedural formalities involved. They are the basis for determining the onuses and prerogatives of the associates involved. The asset trade undertaking regulates the terms of the acquisition/alienation of holdings between the seller and the purchaser. It includes a detailed description of the holdings to be conveyed, the price, the remittance sequence, the guarantees of the associates, and other essential terms of the deal.

Due Diligence before purchasing assets implies an extensive examination that determines the criteria of the mercantile entities-sellers in order to identify prospect perils and make an informed decision on the feasibility of the deal. Due Diligence before acquiring the company's assets involves the analysis of accounting and licit indentures, evaluation of intangible holdings, and other aspects of the firm's schemes.

An escrow undertaking regulates the sequence for storing and conveyance  funds or other holdings that act as security for the performance of contractual onuses. A non-compete undertaking is concluded to prevent competition from the seller after the deal is completed. It may contain constraints on the execution of certain activities for a certain period and in a certain territory.

The undertaking on the conveyance of property prerogatives regulates the conveyance of proprietorship of a certain property from the original proprietor to the novel acquirer, and is a complex licit instrument that determines the conditions, sequence and outcomes of such a conveyance. In the undertaking, the associates, guided by the principle of freedom of contract, establish the following conditions:

• A detailed description of the property that is the subject of sale.
• Basis for conveyance of proprietorship.
• The price of the undertaking may be expressed in monetary or other form that abides with the needs of current legislation.
• The sequence and terms for the conveyance of property.
• Encumbrances and constraints on property prerogatives.
• Liability of the associates to the undertaking for violation or improper fulfillment of onuses, including liability for the accuracy of the information provided and guarantees of the quality of the property.
• The sequence for resolving disputes that may arise between the associates in connection with the execution of the undertaking, including the possibility of going to court.

Another prime indenture is the Exclusivity Agreement, in which the seller agrees to grant the buyer the exclusive prerogative to negotiate and perform survey on the holdings for a certain period of time. During the term of the undertaking, the seller undertakes not to negotiate, enter into undertakings or discuss the possibility of selling the holding with any third associates. The exclusivity period begins on the date of signing the undertaking. The associates undertake to maintain the confidentiality of all information obtained during the discussions and survey. In the event of a breach of the terms of the undertaking by the seller, the buyer is entitled to compensation for damages, including, but not limited to, lost revenues and survey bills.

Given the complexity and prospect outcomes for the protection of prerogatives, transactions for the acquisition of corporate assets mandate the work of a team of qualified lawyers specializing in corporate law. Our firm's experts provide prospect clients with legal aid for deals for the buy of holdings of another trade at every phase of the sequence.

Roles of the parties

During the acquisition of firm holdings, each entity involved in the sequence has a clearly defined scope of powers and onuses imposed on it. As part of the aid of the deal for the buy of trade holdings, the authorized representative of the current right holder, acting as the seller, undertakes to:

• Ensure the licit conveyance of holdings that constitute the subject of the undertaking in full and in stringent abidance with the criteria set out in the contractual records, including appendices and specifications that are an integral part thereof.
• Provide the buyer with a comprehensive package of records containing reliable information on the condition of the holdings, their licit status and the pecuniary and pecuniary activities of the firm. The specified package of indentures must include, but not be limited to, title indentures confirming the legality of proprietorship of the holdings; pecuniary statements for the specified period reflecting the actual pecuniary position of the firm; results of the inventory of holdings certified by an independent auditor; indentures confirming the absence of encumbrances and constraints on the holdings, except in cases separately agreed upon by the associates.
• Provide comprehensive assistance to the buyer in conducting the business due diligence sequence, ensuring unimpeded access to the deal object, records and key employees of the firm for the purpose of performing a pecuniary, licit and technical audit. This assistance should include the provision of compulsory explanations, consultations and additional indentures at the request of the buyer.

In the sequence of finalising an undertaking for the trading of holdings of another trade, the licit entity or individual acting as the buyer is fully responsible for ensuring the full amount of financing for the fulfillment of this deal. This includes the direct execution of the remittance and the execution of linked pecuniary onuses, strictly in conformance with the terms prescribed by the signed undertaking.

An authorized representative of a person wishing to purchase assets of another trade is mandated to perform a comprehensive audit of the received firm. This sequence is key to limiting possible licit outcomes that may arise during the acquisition. Upon fulfillment of the deal, the acquirer integrates the received holdings into the existing corporate setup, abiding with all relevant licit and pecuniary needs.

Both associates to the deal play a prime role in maintaining legitimacy, transparency and protecting their interests. The seller has the prerogative to expect full and timely remittance under the terms of the undertaking. The buyer has the prerogative to expect full prerogatives to the received holdings, and the reliability of the information provided by the seller. The undertaking must clearly define the role of each party for failure to fulfill or improper fulfillment of onuses, including sanctions for violation of contractual provisions.

A guide to acquiring assets from another business

The acquisition is a licitly multi-faceted sequence. The phases of alienation of holdings of an pecuniary entity are the negotiation sequence aimed at establishing mutually acceptable conditions of alienation; performing an independent evaluation of the worth of holdings; development, approval and signing of a trade undertaking that has licit force; performing a comprehensive licit examination of the object to identify possible encumbrances, constraints or other licit elements affecting the validity or enforceability of the undertaking.

The sequence of purchasing corporate business assets:

1. Performing preliminary discussions and comprehensive evaluation of the property complex.
2. Licit examination of prerogatives to dispose of holdings in order to identify prospect perils and encumbrances.
3. Preparation of a package of licit records.
4. Formalization of contractual onuses, conclusion and subsequent ratification of the undertaking in conformance with applicable law.

The sequence of acquiring corporate assets is initiated by establishing a trade contact between the seller and the prospect acquirer, which is expressed in the form of preliminary discussions. At this phase, the associates strive to reach a mutual understanding regarding the subject of the deal, namely the holdings that are planned to be received.

Key tasks of this phase:

• Identification and classification of holdings. The seller and the buyer jointly perform an inventory of holdings to be sold. In this case, they are classified by type (movable, immovable property, IP, etc.), their condition and liquidity are examined.
• Determining the value considering market conditions. The associates to the undertaking establish the fair worth of the holdings using comparative analysis, revenue or bill approaches and other appropriate methods. The results of the evaluation become the basis for further discussions aimed at determining the final price of the deal.
• Forecasting perils and benefits. A comprehensive analysis of the perils and opportunities linked with the acquisition of another firm's holdings should be undertaken. This includes licit survey, pecuniary analysis, marketing research, etc. The purpose of this analysis is to reduce possible licit outcomes and boost the benefits of the deal.

Survey of holdings is a fundamental phase in the sequence of their acquisition. This audit includes a thorough study of title indentures in order to ensure that the seller has full and unconditional title to the alienated holdings. Close attention is paid to identifying encumbrances, constraints, easements, pledges, mortgages, arrests, litigation, and third-party prerogatives that have not been properly disclosed by the seller. An analysis of the history of conveyances of proprietorship is undertaken to identify possible violations of the legality of previous deals that may invalidate the current title. A check is undertaken on the authority of the seller's representative to conclude a trade undertaking, and the corporate licit capacity of the seller.

Also, when intending to buy holdings of another firm, it is advisable to perform a comprehensive analysis of all possible licit disputes, litigation, administrative cases that may be linked with the prerogatives to holdings, including excise, environmental, labor and other claims. It is compulsory to assess the likelihood of novel licit disputes in the future, based on the specifics of the seller's schemes and the current situation, analyze all existing onuses of the seller that may affect the value or use of holdings, including contractual onuses to counterparties, pecuniary onuses (loans, credits).

The survey sequence also includes an analysis of all current undertakings concluded by the seller in relation to the holdings, including undertakings with suppliers, customers, tenants, contractors and other counterparties. The licit validity of undertakings, their compliance with licit needs, the presence of essential conditions, the sequence for termination, as well as prospect perils linked with the performance or non-performance of undertakings must be assessed. It is essential to identify the terms of undertakings that may be disadvantageous to the buyer or contain hidden perils.

Based on the results of the licit survey, a detailed report is prepared containing information on the identified perils, encumbrances and constraints linked with the holdings. The report serves as the basis for making an informed decision on the advisability of acquiring the holdings, determining the deal price, and developing a strategy to lower licit perils.

Based on the agreed terms, a full set of licitly prime indentures is developed and the undertaking is ratified. The main asset trade undertaking, which regulates the prerogatives and onuses of the parties, contains all the essential terms of the deal. Appendices to the undertaking detail individual aspects of the deal, such as a list of received holdings, asset valuation reports, remittance schedules, and forms of letters of guarantee. A security undertaking is also concluded, ensuring the fulfillment of the parties' onuses, such as pledge undertakings, sureties, and bank guarantees. The main indentures include corporate indentures regulating the parties' powers to conclude a deal, such as decisions of the governing bodies of licit entities and powers of attorney.

After signing the undertaking, the deal is closed, namely the transfer of ownership of the assets to the new proprietor. Such sequences include state enrollment of the conveyance of proprietorship of the firm's holdings, notification of the seller's creditors, obtaining consent from third parties for the alienation of holdings and other actions provided for by law and the undertaking, namely, signing a transfer deed, performing an inventory of holdings.

After the deal is completed, the parties carry out post-transaction schemes aimed at fulfilling the remaining onuses linked to the conveyance of holdings, namely, transferring records, reissuing licenses and permits, notifying the seller's counterparties about the change of the holding proprietor. We can offer such a service as support for the purchase and sale of assets of another business.

How to determine the worth of assets?

When acquiring a trade, whether it is the purchase of a firm or the acquisition of individual business assets, the correct determination of the worth of the received holdings is of paramount importance. This sequence mandates considering the specifics of the trade, pecuniary condition, and market conditions. The evaluation of tangible holdings is undertaken considering their physical condition, wear and tear, functional purpose, and market conditions.

Valuation when purchasing tangible assets of another business can be undertaken using various methods, including:

• Based on expected future cash flows generated by the received holdings. This approach is preferable for evaluating a trade that generates stable revenue.
• A valuation approach that involves establishing the present worth of the bills expected to reproduce equivalent holdings. This approach is commonly used to value non-revenue-generating holdings, such as property or equipment.
• An approach based on comparing the holdings being assessed with similar objects that have already been subject to a deal on market terms. This approach is the most preferable when there is sufficient information about comparable holdings.

Valuation of intangible holdings is a more complex task, since their value is largely contingent on subjective elements such as uniqueness, competitiveness, and prospect to generate revenue.

When purchasing intangible assets from another business, common valuation methods include:

• A reproduction bill contingent on knowing the worth of expenditures mandated to create an equivalent asset from scratch. This considers all bills linked with the development, creation and execution of the holding. This way is used to evaluate holdings that are unique and have no analogues on the market.
• A capitalization method that involves analyzing the future revenue and pecuniary receipts expected to be received from the use of an asset. Elements such as the holding's service life, projected revenue and expenditures, and the discount rate must be considered.
• The market value method assumes the ratio of market prices for deals with similar property objects. This approach is relevant when there is a prime amount of data on previously completed deals with identical holdings, which consents to determining the objective market value of the holding in question. Current market conditions, supply and demand, and specific characteristics of holdings that affect their worth are considered.

The choice of a specific valuation method when purchasing corporate assets of another enterprise contingent on the characteristics of the holding being valued, the opening of information and the purposes of the valuation. In a number of cases stipulated by law, an independent valuation is mandated to determine the worth of holdings. An independent valuation is undertaken by a professional appraiser with the appropriate qualifications and license. The results of an independent valuation are drawn up in the form of a valuation report, which has licit force and can be used to justify the price of a buy and sell transaction.

Sources of capital for the acquisition of assets of another business

Acquisition of holdings of another firm is a multifaceted and licitly labor-intensive sequence, capital expenditures, tactical priorities, and the current pecuniary situation of the firm must be considered. Due attention is paid in the acquisition of such holdings to determining financing channels. When deciding on sources of financing, it is compulsory to analyze the opening of money, its impact on the setup of equity and debt capital, and possible perils that may arise during the deal. This sequence can be undertaken either through internal or external resources.

Internal sources include pecuniary resources that a firm can extract from its current operations or existing holdings. Among them are:

• Equity funds include accumulated profit, reserve capital, depreciation charges and other internal funds of the firm.
• Reinvestment of revenues is a portion of the revenues received from trade schemes.
• Sale of non-core holdings.

External sources of financing are pecuniary resources that a firm attracts from outside. These include:

• Credit funds - bank loans, bond loans and other forms of debt financing.
• Attracting investments from tactical financiers, venture funds or individuals.
• Leasing holdings with the subsequent prerogative to purchase can be an alternative way to acquire property without the one-time involvement of large pecuniary resources.

The choice of the optimal source of financing is contingent on the firm's credit history, the bill of borrowed funds, investment conditions, and other aspects. When determining sources of financing, it is compulsory to take into account the licit aspects linked with each of them. A qualified lawyer will help perform background checking, assess perils, and prepare indentures for the deal.

Excise implications

It entails the need to fulfill excise onuses that primely affect the final bill. Let us dwell on a detailed analysis of the key levies linked with such deals. Corporate excise, which arises when selling assets of an existing business, is one of the essential components of excise planning when carrying out such deals.

In general, proceeds from the alienation of holdings are included in the total revenue of the firm and are subject to excise at the established rates. However, the excise outcomes of this deal may vary contingent on the classification of holdings. Revenue received from the alienation of real estate, movable property, copyright objects may entail the remittance of distinct levies contingent on their licit nature and applicable excise rules. The period of proprietorship of the object may affect the possibility of applying excise deductions and reducing the excise base.

In the context of property deals, Also to revenue excise, VAT occupies a prime place. It is a fiscal burden that affects the consolidated amount of bills for the acquisition of an asset, primarily when financing is undertaken in particularly large amounts or holdings belonging to categories with a high level of taxation are involved. From a licit point of view, VAT is an indirect excise, i.e. it is included in the price of goods/services. The taxable base for VAT is defined as the bill of the sold holdings boosted by the amount of excise. The VAT rate varies by jurisdiction where the deal may be undertaken, as well as by asset categories.

Also, a transfer excise is levied by the competent government departments or local authorities. This excise is usually measured as a percentage of the assessed worth of the asset, with specific rates varying contingent on a number of elements:

• Regional affiliation.
• Asset classifications.
• The status of the associates to the deal.

Also, when carrying out enrollment actions, a separate enrollment excise may be levied. This excise, as a rule, is aimed at covering administrative bills linked with the entry of relevant records in state registers, ensuring licit recording and public notification of the change of proprietor. The enrollment excise is linked with maintaining the transparency of property deals, helps protect the interests of the new proprietor, providing him with licitly prime confirmation of his prerogatives to the received asset. The collection of the above levies is a common practice in many countries of the world and serves as a valuable source of replenishment of the revenue side of budgets at various levels.

Here are several strategies available that can help optimize excise dues:

1. Transaction planning. Optimizing the licit and pecuniary setup of contractual onuses can help lower the overall excise burden. Namely, by segmenting the deal into separate components or using distinct remittance methods.
2. Execution of fiscal exemptions. Some jurisdictions provide excise credits for financiers who purchase certain categories of holdings. Contingent on the type of holdings and the terms of their acquisition, a full or partial exemption from excise on revenues received from the sale of these holdings may be provided. The use of accelerated depreciation consents for a reduction in the excise base for property excise due to a faster write-off of the worth of holdings.
3. Optimizing capital setup. Using borrowed money can reduce excise dues by deducting interest on loans from the excise base. Raising funds by issuing bonds or other debt securities can be more tax-efficient than raising money by issuing shares.
4. Audit of prospect fiscal bill accounting mechanisms. Some expenditures for the acquisition of assets of an operating company may be capitalized and depreciated over a certain period, which reduces the excise burden in the current period. Expenditures directly linked to the procurement and utilisation of holdings may be deducted from the excise base, which will lead to a reduction in excise dues.

The choice of the optimal strategy for optimizing excise dues when purchasing holdings should be made considering specific circumstances and excise legislation. It is recommended to enlist the aid of a qualified trade consultant for professional assistance.

Conclusion

Any investment involves the possibility of making a profit, however, in order to lower prospective losses, they mandate the conclusion of licitly competent undertakings, thorough background checking and constant monitoring of the fulfillment of onuses. The acquisition of assets of another organization is a sequence that mandates considering legal, fiscal, and tactical elements.

Consultations with subject matter experts in the field of jurisprudence will help identify and develop effective peril oversight strategies. Our firm provides comprehensive support at all phases of the procurement sequence. We perform licit background checking, helping to evaluate holdings, develop a deal setup, obtain permits and approvals, and ensure the successful integration of received holdings into your trade.