Undisclosed
Mergers and acquisitions (M&A)
October 2024
Mergers and acquisitions
You sell a company once. It has to be done right.
We run processes to buy and sell companies with method, discretion and a focus on value: from preparation and valuation to negotiation and closing.
In short
What does M&A advisory involve?
Mergers and acquisitions (M&A) advisory supports the purchase or sale of a company from start to finish: preparation and valuation, investor materials, a confidential search for buyers or acquisition targets, a competitive process, negotiation and closing. Bespoke Advisors provides it from Santiago to business owners and companies in Chile. Its partners took part in transactions such as the merger of Claro and VTR (2022) and the acquisition of Cabletica (2019), and the firm has advised on its own M&A transactions since 2024.
Last updated
01 When to call us
Signs that it is time.
- You received an offer for your company and don't know whether it is a good one.
- The shareholders are considering a full or partial sale, or there is a succession issue to resolve.
- You want to grow by acquiring a competitor, a supplier or a complementary business.
- You are evaluating a merger or an alliance that could create synergies neither company can achieve alone.
02 How we work
Personalized, integrated and hands-on.
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01
Preparation
Diagnosis, valuation and the company's equity story: why it is a good investment and for whom.
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02
Materials
Anonymous teaser, information memorandum and financial model.
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03
Buyers
Identification and confidential outreach to strategic and financial buyers, in Chile and abroad.
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04
Competitive process
Indicative offers, due diligence and final offers, with clear rules for all participants.
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05
Negotiation and closing
Price, structure and purchase agreement, together with legal counsel, through closing. On the buy side the process is reversed: target search, valuation, due diligence and negotiation.
03 Experience
Experience that backs it up.
The partners have taken part in mergers, acquisitions and tender offers, both from investment banking and from inside the companies, in transactions such as the merger of Claro and VTR and the acquisition of Cabletica.
Bespoke Advisors transactions
Previous experience of the partners
Undisclosed
Merger of Claro and VTR
2022
Undisclosed
Acquisition of Cabletica
2019
Undisclosed
Financial Advisor in the competitive process for the acquisition of power generation assets in Chile
2015
US$ 76 MM
Financial Advisor and Placement Agent for the acquisition of CEM S.A.
2014
Undisclosed
Merger of VTR and MI
2005
04 Frequently asked questions
What clients often ask us.
How much is my company worth?
It depends on its ability to generate cash, its growth, its risk and who is buying. A strategic buyer may pay for synergies another buyer does not see. See business valuation.
How is the process kept confidential?
With an anonymous teaser, confidentiality agreements before any information is shared, and staged disclosure of data as each interested party advances.
Who can the buyers be?
Strategic buyers operating in the same or a related industry; financial buyers such as private equity funds and family offices; and foreign investors looking to enter the Chilean market.
How long does a sale process take?
It usually takes several months from preparation to closing. The timeline depends on the quality of the available information, the number of interested parties and the complexity of due diligence.
What is an OPA (tender offer)?
An OPA (oferta pública de adquisición) is a public tender offer for shares: the mechanism Chilean law requires to take control of a publicly held corporation, giving all shareholders the opportunity to sell on the same terms.
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Let's talk
Is your company at a turning point?
The first meeting is for listening.