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CzechLink – Mergers and Acquisitions
Supportive Platform
Pavel Chovanec
Source: CzechInvest 2014
Latest M&A Trends – Transactions in Q1 2014
Healthcare: 3Industrial pro-
ducts & services: 16Energy: 2
Real Estate: 23
Financial
institutions: 2
Retail & Consumer
Goods &
Entertaintment:22
-- Transactions approved by competition regulator: 6
CzechLink:Project Aims
Services for investors looking to enter or increasetheir foothold in the Czech Republic via acquisition
Qualified assistance for Czech companies seeking investors
1
2
Source: CzechInvest, 2014
CzechLink: the Process Overview
Source: CzechInvest, 2014
CzechLink: Participants
Founders considering exit
Companies established in 90s
Lack of succession
Owners searching for partners to increase growth
Companies competing with large groups
Locally successful entities seeking funds for expansion
Support for growth - not only survival
Minimum 5-year history and based in Czech Republic
Not declared bankrupt or allowed financial compensation or in insolvency
proceedings
Source: CzechInvest, 2014
CzechLink: Service for the Buy-side
-- CzechLink participants (acquisition targets) are companies from
manufacturing and IT sector only
-- CzechInvest prepares company prospectus based on performance data from
the previous 5 years
Data compliant with Czech corporate tax law and accounting standards
-- The company prospectus consists of:
Complete company overview including detailed commercial and
financial info
The financial profile is prepared in compliance with Czech accounting
standards and includes all internationally recognized key indicators
EBITDA, EBIT, etc.
Source: CzechInvest, 2014
CzechLink: BenefitsBuy-side
Knowledge of Czech industrial environment
Complete coverage of all regions and industrial sectors
Targets actively considering transaction
Post-merger expansion can be supported by investment incentives
handled by CzechInvest
Sell-side
Increased visibility
Marketing of the acquisition opportunity whilst retaining
confidentiality
Information material to gain realistic expectations
Participation in project CzechLink is free of charge
Source: CzechInvest, 2014
CzechLink:Participants List
Brief overview with
initial information
Headcount, brief financial info
26 members May 2014
Details available after signing NDA
Source: CzechInvest, 2014
8
8
5
5
Structure of Participants (according to Headcount)
<50 51-100 101-151 150<
Case Study – Investment targets in
CzechLink
Ronas & KOH-I-NOOR
-- Injection moulding companies
-- Sales EUR 10 mil, Headcount: 230
Inproma & VÍTKOVICKÉ SLÉVÁRNY
-- Foundry bought machining shop and expand in automotive
-- Sales EUR 5,5 mil, Headcount 200
Source: CzechInvest, 2014
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