Mercier & Valez

Carve-outs are back on the agenda as large groups simplify their portfolios. For buyers, they offer good businesses at sensible prices....

Management teams are the reason many buyouts happen, and the management incentive plan is what keeps them engaged until exit. On...

Highlights UK sellers rolling into a US sponsor's structure should confirm tax deferral, and any HMRC clearance, before heads of termsThe...

GP-led continuation vehicles have moved from a niche liquidity tool to a mainstream exit route. For many sponsors, a continuation fund is...