MERGERS & ACQUISITIONS SUPPORT
Consultation of Benefit Plans pursuant to Changes in Control
The financial services industry sees many M & A transactions each year. Because so many financial institutions have adopted non-qualified benefit plans, these programs necessarily become a consideration influencing a potential acquisition or sale. Our expertise assures that the issues associated with these complex transactions are fully understood by the client, and that all the parties’ objectives are met.
The Buyer’s understanding of a company’s benefit programs and insurance investments is essential as this could have a material impact on the purchase price. Important issues/questions to consider are:
- Are incentives in place for key people to continue their employment?
- Are the programs adequately funded?
- Are the underlying assumptions sound?
Our analysis ensures all relevant program attributes are factored into the valuation of the target company for purposes of making an informed offer.
For Sellers, we prepare comprehensive reports with succinct data, including schedules and analysis, to inform a prospective buyer. This ensures all relevant elements of the program(s) are properly valued in support of concise negotiations. Whether our client is a buyer or seller, our services at this critical time are “part of the package,” and are provided at no extra cost.
As a specialist in the area of Mergers and Acquisitions, Corrigan & Company provides a valuable and timely service that serves to both inform our clients and reduce the transactions costs associated with this complex process.