Why might you need us?
Are you a potential acquirer of a business with treasury risks (liquidity, foreign exchange) and potential inefficiencies (banking, systems)?
Do you have the challenge of establishing a new treasury function from scratch?
How can we help?
Dakota Advisory diligence reviews will:
Identify the target company's existing treasury management requirements, and any potential red-flags;
Outline the process, reporting and policy changes that will be required post acquisition; and
Provide a road-map and indicative costing.
Following successful acquisition we often assist the acquirer to implement our recommendations.
We have been supporting a private equity sponsor complete several M&A transactions in recent years.
Each project has commenced with a due diligence report that has identified challenges, red flags and opportunities.
Following deal closure, we have supported (on an interim Treasurer basis) the new finance team to:
Gain control and visibility of existing bank accounts and card services;
Open new accounts as required by debt financing;
Establish controls and processes including reconciliation and payments;
Develop short and longer term cash flow forecasting models;
Document, close or novate as appropriate bank guarantees, letter of credit and other financing products; and
Embed a management structure to support the new reporting framework and processes.
Each project generally involved a short (2-4 weeks) review followed by 3-6 months implementation phase ensuring treasury operations are embedded.