Making More Returns
As leverage multiples increase and credit becomes more available, Private Equity has been an active driver of capital markets. But the market has been characterised by high prices for quality assets and with a backdrop of forecast low economic growth in the medium term, Private Equity firms will need to work harder and smarter if they’re to generate superior returns.
Deloitte's Australian Private Equity Group is part of Deloitte’s Global Private Equity practice comprising over 1,500 private equity professionals globally. We work with Australian and Global investors, funds and private equity backed businesses to deliver value across the entire private equity investment lifecycle.
We recognise that private equity backed companies face a unique set of challenges, characterised by not only their ownership and funding structure, but also the lifecycle they follow through the investment period. Our dedicated team work closely with you to provide bespoke business solutions to management teams of private equity businesses - regardless of their size, location or industry.
Explore the point of view: Private Equity, Making More Returns – Differentiated Due Diligence
Partner, Financial Advisory
Tax structuring on fund establishment and acquisition
Mark Goldsmith, a member of the AVCAL’s Tax Working Group, leads our tax team providing advice to Private Equity Funds. Mark was involved in providing tax advice in respect to the establishment of legislation involving the VCLP structure in Australia and is at the forefront of emerging issues impacting Private Equity Funds.
Mark and the Private Equity Tax team provide market leading advice on structuring acquisitions and exits to maximise value for Private equity Funds.
Deloitte Private is a dedicated division of Deloitte providing specialised advice to privately owned businesses. Deloitte’s private client base is the largest in Australia providing Deloitte with a unique perspective on acquisition opportunities for Private Equity.
Our Private Clients team are experienced advisors and understand where private equity may be able to assist their clients in the provision of growth capital or in facilitating an exit of their investment.
Craig Bryan in Melbourne and Tara Hill in Sydney lead the Private Equity services that we provide to our Private Clients.
Differentiated Due Diligence
Deloitte provides comprehensive financial and tax due diligence on acquisition or sale of Private Equity businesses, providing vendors and acquirers alike, a detailed understand of the key drivers and risks associated with any business.
We add value in both analysis and in the design of sale and purchase adjustment mechanisms which facilitate smooth deal completion and assist in avoiding any value leakage from poorly structured mechanisms.
Commercial Due Diligence
Our commercial due diligence team treats each engagement as unique and draws on industry experts within the firm to provide relevant commercial advice on the industry in which any target plays.
We include Deloitte Access Economics macroeconomic , microeconomic and financial forecasting and modelling, as well as policy analysis, in our commercial due diligence offering.
Data analytics is also part of our approach. Our team has recently completed some innovative studies using large data sets and historical analysis combined with economic forecasting to generate predictive forecasts. This can be used to cross check our commercial due diligence to provide a data backed view of managements forecasts.
The combination of industry experts, Deloitte Access Economics Team and data analytics expertise provides a unique combination for those truly seeking differentiates due diligence.
Ian Clarke leads our commercial due diligence team assisted by Stephen Smith from Deloitte Access Economics and Stuart Black from our Analytics team.
Our team has played important roles in assisting Private Equity portfolio companies:
- Free up working capital and focus on cash
- Reduce costs through better procurement processes
- Restructure underperforming businesses to maximise value
- Assist with niche or core strategy around matters including digital, customer engagement or other key growth indicatives.
Our dedicated Private Equity audit team plays a critical role in assisting Portfolio Companies and Funds alike. Our audits are not just about compliance. We focus on assisting with identifying key areas where reporting can be improved to align company strategy with deal thesis.
Each member of our private equity audit team from Partner to Analyst has experience with Private Equity and the specific requirements and focuses involved in analysis of Private Equity owned businesses.
Julie Stanley leads our Private Equity Audit team.
Deloitte provides comprehensive vendor due diligence for Private Equity firms looking to exit through a trade sale ensuring that issues are uncovered and dealt with early to avoid value leakage during the process.
In addition our team has worked on 5 of the largest Private Equity IPOs in the last 12 months using our Private Equity and IPO experience to add value to what are intensive and time pressured processes.
Private Equity firms approach to exits is becoming increasingly scientific, often with early engagement of prospective buyers to educate them on the business as it grows.
Deloitte’s advisory team has proven experience in leading sale mandates for private equity and large corporates.
Mergers and acquisitions - Transaction Services
Deloitte’s extensive transaction experience, industry knowledge, and technical skill combined with our advanced data analytics capabilities give our clients a critical advantage.