Services
Corporate Finance services
01
Mergers & acquisitions
We lead company sales, acquisitions, mergers and joint ventures with method and discipline: from defining the value thesis to final negotiation, with direct partner involvement at every stage.
On sell-side mandates, we structure competitive, confidential processes that maximize the value of a lifetime of work. On buy-side mandates, we support origination, valuation and execution, in Brazil and in cross-border transactions through the global network.
- Sell-side advisory
- Buy-side advisory
- Mergers, joint ventures and strategic alliances
- Cross-border transactions
Collection and analysis of market, financial and structural data; internal-use valuation; presentation materials; buyer list and approach strategy.
The valuation prepared in this phase is for internal use only — it is never disclosed to potential buyers at any stage of the process.
02
Capital raising
The right capital structure sustains growth without compromising control. We assess debt and equity alternatives in light of the company's moment and strategy.
We lead the process with banks, funds and investors: material preparation, modeling, negotiation of terms and closing — with the same technical rigor as our M&A mandates.
- Debt advisory (raising and refinancing)
- Equity raising
- Structuring for investors
03
Valuation
More than 400 economic valuation reports issued over the last five years, recognized by clients and by the leading audit firms.
We support buyers and sellers in negotiations and in valuations for regulatory and corporate purposes, with pre- and post-deal experience and involvement throughout the entire transaction. Our work has a track record of being defended before independent auditors, and the full financial model, with formulas, is delivered to the client and their auditors.
An economic valuation report typically takes around 4 weeks from receipt of information — planning, valuation development and report presentation.
- Valuation for M&A
- Economic valuation and fair value reports (CVM and LSA)
- Purchase Price Allocation report (PPA — CPC 15)
- Impairment test (CPC 01)
- Fairness opinion
- Valuation of call and put options and financial instruments
- Valuation for debt and collateral purposes
- Recoverability assessment of deferred tax assets
Differentiators
Why Baker Tilly
Integrated solutions
An approach that combines business, economic, financial, accounting, labor and tax expertise in a single front.
Recognized valuation practice
More than 400 reports in five years, accepted by clients and by the leading audit firms.
Robust methodology
Full financial models delivered to clients and auditors, with total transparency.
Senior, dedicated team
Partners and senior executives actively involved at every stage — from diagnosis to closing.
Local reach, global scale
A responsible partner in Brazil and a network in 147 territories: a single point of coordination.
Not sure where to start?
Get a no-strings diagnosis. A partner responds within 1 business day.
Frequently asked questions
A company's value is not its revenue or its equity: it's a function of its ability to generate cash, perceived risk and what the market pays for comparable businesses. A professional valuation combines methods such as discounted cash flow and market multiples to arrive at a defensible value range for negotiation.
Talk to a partner →The most used methods are discounted cash flow — projecting future cash generation and discounting it at a risk-adjusted rate — and market multiples, which compare the company to transactions and companies in the same sector. Method choice and assumptions change the result, which is why valuation requires method and experience.
Talk to a partner →A well-run process is controlled end to end: careful information preparation, selective buyer approach under NDA and staged negotiation, with no unnecessary exposure of the business, employees or clients. Confidentiality is the rule from the very first conversation.
Talk to a partner →It depends on size, sector and prior preparation, but structured M&A processes typically take several months from diagnosis to closing, spanning four phases: preparation, road show, due diligence and signing. A standalone economic valuation report takes around 4 weeks from receipt of information.
Talk to a partner →It is the ratio between a company's market value and its operating cash generation (EBITDA), used as a comparison benchmark between businesses in the same sector. Companies with the same EBITDA can be worth very different amounts: growth, revenue recurrence and perceived risk move the multiple.
Talk to a partner →The advisor prepares the company, builds the value thesis, reaches buyers the seller would not access, creates controlled competition and leads negotiation with method — while the entrepreneur keeps running the business. Negotiating alone against professional buyers usually costs value.
Talk to a partner →A fairness opinion is an independent view on the financial reasonableness of a transaction, usually for boards of directors. A PPA report allocates an acquisition's price across acquired assets for accounting purposes. CVM and LSA reports are valuations required by regulation in corporate transactions. We issue all three with auditable assumptions.
Talk to a partner →Debt preserves shareholder ownership but requires repayment capacity and covenant discipline; equity brings capital and often a strategic partner, at the cost of dilution. The right answer depends on the moment, growth plan and current capital structure.
Talk to a partner →The conversation is confidential.
The decision is yours.
A responsible partner replies within 1 business day.