Corporate finance
To help develop this article, click 'Edit this article' above.
In the UK, the term 'corporate finance' generally refers to transactions in which capital is generated in order to create, develop, expand or acquire a business. It is typically associated with a corporate transaction that results in a revised equity structure or shareholder base, an ownership change in a business, along with the related issue underwriting, purchase or exchange of equity (and related warrants) or debt.
A corporate finance may be part of the following activities:
Mergers and acquisitions:
- Formulating an acquisition strategy, assessing targets and funding an acquisition.
- Undertaking negotiations with vendors and due diligence.
- Provision of advice on tax and the commercial aspects of deal structures.
- Implementation of a post-acquisition plan.
Management buy-outs/ins:
- Undertaking an assessment of the viability of a management buy- out proposition and business plan.
- Business valuation, deal structure, securing finance and tax planning.
- Project management of the transaction.
- Preparing the business for sale and developing an exit strategy.
- Undertaking research and making confidential approaches to potential buyers.
- Negotiating and project managing the transaction.
- Providing taxation and financial planning advice.
The range of roles involved in corporate finance might include:
- Corporate finance advisers: Generally working within an investment bank, accountancy/professional services firm or an independent advisory firm. Individual's may work as consultants.
- Reporting accountants: Accountants that work for the buyer, business investor or specialist investment fund to verify that the accounts of the target company are accurate and up-to-date.
- Lawyers: Providing specialist advise on corporate finance transactions.
- Private equity providers: Professionals involved with buying/selling/provision of finance to businesses.
- Debt providers/bankers: Specialists who are involved in corporate finance transactions.
- Brokers: Provide advice on and assist with raising capital for transactions.
The Institute of Chartered Accountants in England and Wales (ICAEW) has a corporate finance faculty and is a large professional membership body that supports chartered accountants around the world.
[edit] Related articles on Designing Buildings Wiki
- Bridging loan.
- Budget.
- Business administration.
- Business process outsourcing (BPO).
- Cash flow.
- Chinese wall.
- Company acquisitions in construction.
- Compliance.
- Construction organisations and strategy.
- Corporate social responsibility in construction.
- Cost plans.
- Credit crunch.
- Design quality.
- Developer.
- Development appraisal.
- Equity and loan capital.
- Equity in property.
- Funding options for building developments.
- Funding prospectus.
- Investment.
- Investment Property Databank (IPD).
- Laissez faire.
- Microeconomics.
- Overage.
- Partnering and joint ventures.
- Partnering.
- PF2.
- Private Finance Initiative.
- Private sector.
- Profitability.
- Property development finance.
- Real Estate Investment Trusts.
- Solvency.
- Turnover.
- Working capital.
Featured articles and news
A briefing on fall protection systems for designers
A legal requirement and an ethical must.
CIOB Ireland launches manifesto for 2024 General Election
A vision for a sustainable, high-quality built environment that benefits all members of society.
Local leaders gain new powers to support local high streets
High Street Rental Auctions to be introduced from December.
Infrastructure sector posts second gain for October
With a boost for housebuilder and commercial developer contract awards.
Sustainable construction design teams survey
Shaping the Future of Sustainable Design: Your Voice Matters.
COP29; impacts of construction and updates
Amid criticism, open letters and calls for reform.
The properties of conservation rooflights
Things to consider when choosing the right product.
Adapting to meet changing needs.
London Build: A festival of construction
Co-located with the London Build Fire & Security Expo.
Tasked with locating groups of 10,000 homes with opportunity.
Delivering radical reform in the UK energy market
What are the benefits, barriers and underlying principles.
Information Management Initiative IMI
Building sector-transforming capabilities in emerging technologies.
Recent study of UK households reveals chilling home truths
Poor insulation, EPC knowledge and lack of understanding as to what retrofit might offer.
Embodied Carbon in the Built Environment
Overview, regulations, detail calculations and much more.
Why the construction sector must embrace workplace mental health support
Let’s talk; more importantly now, than ever.
Ensuring the trustworthiness of AI systems
A key growth area, including impacts for construction.