A Proven Approach to a Complex Cross-border Acquisition

OPPORTUNITY

Our Japan-based client wanted to expand its global footprint via an acquisition. The deal was very unique and encountered an array of obstacles, ranging from uncommon structural and tax concerns to accommodate minority equity holders in indirect subsidiaries and non-equity holders in a tax deferred "rollover" arrangement, to the involvement of multiple parties around the globe, to a client and local counsel who were unfamiliar with representation and warranty insurance (RWI).

SOLUTION

From start to finish, the team effectively leveraged advanced technology and project management skills, among other things, in order to be agile within a fast timeframe. This included the application of Seyfarth's in-house developed M&A budgeting tool to establish a preliminary estimate, deployment of cross-practice and cross-office resources to create an integrated deal team, and utilization of local counsel support. We also relied on our considerable market-leading knowledge and proficiency with the RWI process, and capitalized on Practical Law materials for the purpose of educating others.

RESULTS

Bringing Seyfarth's advanced service delivery resources to bear resulted in our client's ability to close on its first major US acquisition. Furthermore, their overall satisfaction with the projections provided upfront and the team's dedication throughout resulted in them enlisting our help for post-closing integration.