Corporate Finance & Transaction Advisory

Mergers and Acquisitions

Mergers and Acquisitions are a paramount part in the business world. Many businesses commonly opt to mergers and acquisitions to grow and expand their businesses. However, mergers and acquisitions are often complex process to be executed. Therefore, you will need expert knowledge and advice to steer you through the entire complex process. In RSM Indonesia, we provide you with our deep-rooted knowledge in M&A on either side. RSM member firms use their local and industry sector experience to devise a merger and acquisition strategy that works for your business. Our member firms can identify suitable merger and acquisition targets, plan and manage the entire transaction process and ensure your expansion plans are a success. 

How can we help you?

Sell-Side M&A

Through our knowledge from various sell-side transactions, our Mergers and Acquisition consultants will help you in each process through the process to achieve the best outcome possible for you – our client. 

Buy-Side M&A

Our Mergers and Acquisitions consultants will help you in each process through the process of Mergers and Acquisitions starting from the process of Due Diligence through the Binding Offer Stage.

Capital Market / IPO 

Initial Public Offerings (IPOs) are one of the ways for companies to raise the capital they need to further accelerate growth and become market leaders in the industry with greater liquidity of the company. For most companies, being a public listed company gives companies various advantages such as: greater access to growth capital, enhancement of reputation and increased flexibility when making acquisitions.

However, IPO can be a very complex, time-consuming process and may also require significant resource. Professionals at RSM Indonesia and at other RSM member firms have significant experience in their local capital markets to help companies conduct IPOs, but also can draw upon each other to provide services in other markets where their clients have raised capital. 

By bringing together the capital market teams from across the globe this enables clients to benefit from both a deep understanding of the markets on which they are listed, or seeking to list, with the local jurisdiction knowledge that is required to make such a listing successful. 

We offer range of services include Pre-IPO preparation and 'grooming', IPO support and Post-IPO advisory services.

Our team work closely with other teams and throughout the RSM network to support listed companies in continuing to grow and develop their businesses. 

Exit Strategy

For most business owners, selling a business or division to a third party might be an option for their exit strategy. If you are considering selling a business or division, we can aid you to ensure a smooth exit and help you secure the maximum sale price.

Through a tailored approach to project management, and experience of business divestments, we have developed an approach that drives the sale process through to completion, whilst enabling key stakeholders to focus on what they do best, running their business.

We can provide the full range of services required, throughout the two distinct stages of selling a business: preparing or grooming the business for sale and the sale process itself.

Does your business need to connect with a new future?

RSM Indonesia offers restructuring and insolvency services that bring you prompt, professional solutions.

Global markets are undergoing a time of great instability and uncertainty. As a result, many businesses urgently need to realign their priorities to deal with the latest challenges. Within RSM there are experienced professionals who specialize in working with company directors, financial institutions, turnaround professionals and venture capitalists to provide practical corporate restructuring advice that is designed for your specific business needs. We are also experienced in handling personal and corporate insolvency cases. For individuals services include partnership voluntary arrangements, bankruptcy and individual voluntary arrangements.

Formal insolvency services include administration, company voluntary arrangement and liquidation and administrative receiverships. If you’re a lender our member firms have a proven track record of offering sound commercial and pragmatic advice to improve business performance and enhance stakeholder value. We understand the bottom line for lenders and financiers is reducing the risk of shortfalls in existing or future loans. Getting accurate answers quickly is just as essential. Our experienced teams have worked with many banks and financial institutions recommending and implementing strategies to maximize recoveries.

Connect with us today to discuss how RSM can develop a restructuring plan for your business.

Our range of Corporate Recovery & Insolvency service includes:

• Independent Business Reviews
• Pre-lending Reviews
• Representations at Creditors Meetings
• Formal Insolvency Procedures
• Corporate Reconstruction
• Corporate Monitoring
• Exit Strategy Planning

RSM restructuring team works with organisations and their advisers, lenders, trustees and creditors to provide tailored solutions at every stage of the business cycle.

We understand that the challenges facing every business are different. 

Some common issues that we help our clients to resolve are how to:

• Develop an effective turnaround strategy;
• Manage risk by simplifying corporate structure;
• Review defined benefit pension covenant strength;
• Monitor emerging financial risks;
• Preserve value on distressed real estate projects;
• Realise value and optimise the outcome of a formal insolvency;
• Secure an appropriate funding solution;
• Identify and recover assets after contentious insolvency; or
• Navigate an accelerated transaction.

Please contact our restructuring advisory team for advice.

Impairment Testing 

Throughout the years, several regulations had been developed that scrutinize the fair value reporting for businesses all around the world. Impairment Testing can be extremely complex and problematic for a business to be conducted alone. Not only the problems can arise from the difficulty to determine the fair value of the enterprise subjected to the impairment testing, but also to support those market assumptions in determining the fair value. When you need assistance with impairment testing based on the IAS 36 (International Accounting Standard), our consultants at RSM Indonesia can help you to conduct Impairment Testing through our experience in calculating such things for your CGUs (Cash Generating Unit) or your Intangible Assets (Goodwill). 

Fair Value Reporting 

Fair value reporting is an important part of financial disclosure. In this process, companies should determine the fair value of its assets and liabilities on the financial reporting date and then perform an impairment test. Applying principles regarding fair value accounting can be a complex task to complete and requires judgment. 

Our thorough understanding of asset valuation experience and accounting valuation technique will put you in a in a stronger position to develop effective financial reporting and disclosure practices.

Business Valuation

As businesses evolving, the need to value your business becomes an integral part of the growth journey of a business to acquire newly investors, go through M&A, or even conduct IPOs. If you want your enterprise get valued, RSM Indonesia consultants through their experience in business valuation will work with our clients to provide them with an enhanced business valuation that will most represent the future prospect of the business.

Conducting a valuation of a business is a complex process that requires experienced, independent, and sharp assessment on several factors.

Therefore, our team in RSM Indonesia ­­–– in collaboration with the RSM team globally –– can help you gain some of those market insights through our industry experts that had been in the industry for years.

Purchase Price Allocation 

RSM recognizes that the purchase price allocation no longer meets the basic requirements of financial statements or tax returns. We strive to understand how the results of the analysis affect your business-whether you are a buyer or a seller-and from the first discussion to the delivery of the final deliverable. We are committed to clear and open communication. Our comprehensive approach allows us to provide value to you and your stakeholders beyond numbers.

Within RSM there are experienced professionals who have significant industry and technical experience to support domestic and cross-border transactions. Further, with our extensive network with RSM International, we will meet your needs domestically and abroad.

Complex Financial Instruments 

Although not all complex financial instruments (CFI) are difficult to value or high risk, the majority of them are. Even defining a CFI can be difficult. CFIs typically have distinguishing characteristics that must be taken into account when valuing the security, such as call or put options, market-based vesting criteria, or embedded derivatives (which may or may not need to be separately bifurcated and recorded for financial reporting purposes).

RSM's valuation team consists of seasoned CFI professionals with extensive quantitative and complex modeling skills. Our professionals have backgrounds in finance, quantitative finance, mathematics, and coding, allowing us to provide specialized capabilities to meet our clients' needs.