You're a trainee, and you've just been staffed on Project Osiris - the acquisition of a high-growth UK tech company by a mid-market PE fund. This module covers how transactions begin: understanding the commercial logic behind a deal, getting your bearings on the parties and the structure, and producing the internal document that keeps the whole team aligned from day one.
What you'll do
Orient yourself on the deal - the buyer, the target, the rationale, and the structure. Produce a matter brief summarising the key commercial and legal workstreams, the parties involved, and the timeline.
After this module, you'll be able to answer:
- What are the commercial underpinnings of an acquisition, and why does a buyer want this target?
- What are the standard first steps on any corporate acquisition?
- How does deal structure (share sale vs asset sale) affect my initial approach?
- What goes into a matter brief, and what makes one useful to the team?