In the first quarter, we were able to capitalise on the favourable M&A climate and assist various clients with acquisition, disposal or financing processes. The M&A market has been subdued as a result of the coronavirus crisis. However, we expect to be able to complete a number of transactions in the second quarter as well. At present, the focus of many business owners is on keeping their businesses running and managing their liquidity position.
Liquidity budget
VWG Corporate Finance can support you during these turbulent times. We are already drawing up liquidity budgets for a number of clients. Using three scenarios, we can help you understand the impact of a fall in turnover on your liquidity position. We can also examine your cost structure, accounts receivable and payable policies, and stock management in order to optimise these where necessary. Please also see our article on this subject Cash is King.
Deals in the first quarter of 2020
Earlier this year, the medical consultancy Ergatis B.V. and the mental health consultancy Sitagre B.V. joined Zorg van de Zaak Netwerk B.V. In addition, VWG Corporate Finance assisted Holland Drilling Beheer B.V. in securing bank financing to buy out one of the shareholders and to facilitate further growth. Furthermore, with our support, 100% of the shares in De Tweeling Kinderopvang B.V. were sold to Stichting SOOS. We also assisted with the sale of a minority stake in both Elektrotechnisch Bedrijf Ventimon B.V. and Loodgietersbedrijf Ventimon B.V. to the managing director.