M&A & Due Diligence

Financial, tax and operational due diligence reports prior to merger, acquisition or investment decisions.

Scope

Buy- or sell-side — financial DD, tax DD, legal coordination and operational risk assessment. Specialised process for foreign buyers acquiring Turkish companies.

  • Financial due diligence (3-year statement analysis + normalisation)
  • Tax due diligence (Turkey-specific risk map)
  • Operational risk assessment (customer concentration, contract terms, KYB)
  • SPA financial negotiation support
  • Tax warranties + indemnification clause design
  • Post-merger integration (PMI) financial integration plan

Process

  1. 01

    Scoping

    Buyer/seller focus, sector, risk profile defined.

  2. 02

    Data room setup

    Virtual data room + KYC + access discipline.

  3. 03

    DD review

    3-6 weeks financial + tax + operational review.

  4. 04

    Report + negotiation

    Findings report + SPA financial-clause negotiation.

Deliverables

  • DD findings report (40-80 pages)
  • Risk map + recommendations
  • SPA financial-clause proposals
  • PMI 90-day plan (buy-side)

Pricing model

Project-based fixed fee — scoped to engagement and company size.

Typical timeline

4-8 weeks. PMI 3-6 months.

Frequently asked

What is different about a Turkey DD for a foreign buyer?

Statutory differences (VAT, transfer pricing, SGK), informality risk, real-estate legislation, FX discipline. A foreign buyer cannot see these from abroad.

Why is vendor DD useful?

Self-DD (vendor DD) accelerates the process, narrows buyer negotiation margin and eliminates surprise findings. Typically produces a 5-10% valuation differential.

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