The creation of a combined business venture between two previously independent businesses, is a complex process fraught with difficulties and private agendas. The only way to achieve a successful conclusion to any merger or joint venture is for both parties to be clear at the outset what they expect from the end result.

These requirements then need to be revisited regularly to ensure that, whatever compromises are made to enact the merger or joint venture, the end result is acceptable to both parties.

The use of an experienced outside party can be critical to ensure that the joint venture or merger is not sidetracked by outside issues or personal agendas. Negotiating skills are obviously key to many of the deals our Corporate Finance department undertake. This experience allows us to facilitate thecreation of suitable ventures or give early advice if a deal is unlikely to be acceptable to all parties.

As with much of our Corporate Finance department's work, tax structuring can be vital to avoid unexpected bills or the creation of tax payments where no proceeds change hands.