Transaction Advisory
Delivering clarity, insight, and execution across critical transactions.
Ensuring smooth, optimal transactions for streamlined finance
Apricum’s team combines corporate finance leaders from the world’s top firms. Our “one team, one P&L” structure allows clients to leverage the full breadth of the firm’s global relationships alongside our strategy consulting insights.
We support clients with transactions either as financial advisors, or with our multi-disciplinary commercial due diligence services, providing clarity and confidence across every stage of a transaction.
Corporate finance
We deliver corporate and asset M&A, partner searches, joint venture structuring, capital raising, project finance and strategic reviews. Our results are elevated by Apricum’s remarkable network across global financial and industrial players. Apricum excels in sourcing bilateral opportunities, and in addressing industrial or commercial complexity.
M&A – Strategic acquisitions and divestments
Sell-side
Investment bank sell-side execution follow standard processes. Ours are no different, but Apricum input is elevated in two ways:
- applying the deep industrial expertise from our strategy consulting teams, to credentialise the investment case and financial forecasts. This industrial expertise also allows us to better educate and engage growing private equity interest.
- leveraging the depth and quality of Apricum’s industry and financial network. With almost two decades of experience and relationships in cleantech, and insight from our consulting work, we are better able to source the most suitable partners who can bring the best price.
Buy-side
Apricum excels in bilateral buyside transactions, leveraging its exceptional network and intimate management relationships to source off-market win-win opportunities. We also support clients in buyside processes, applying hands-on industrial expertise to derisk valuations and protect client capital.
Our knowledge of opaque market pricing delivers tangible value. We educate our client, protect our client, and deliver elite modelling and execution capabilities. We will never push a client too far on valuation.
Joint ventures – Collaborating with the ideal partner
Partnerships are a common feature in cleantech, to share risks in emerging areas and facilitate geographic expansion. We help clients identify and select the ideal partners to match their technology, capital, expertise and risk appetite. This takes two forms:
- Partner search
- JV creation
Our experienced transaction advisory team supports you at every stage from screening prospective partners, conducting thorough due diligence to validate credentials, to structuring a detailed strategic business plan for the partnership to cement long-term success. As cleantech specialists, this technology expertise and deep understanding of the dynamics in cleantech markets derisks joint venturing, whether in mature areas like renewables development or emerging areas like V2G integration.
View a selection of completed transactions.
Fundraising – Raising growth capital for success
We raise venture capital and private equity from both strategic and financial institutional investors to support our clients’ growth ambitions:
- Investor identification
- Investor roadshow
- Negotiation support
Apricum delivers capital typically in €15–300m raises. We are highly selective due to our reputation for excellence and industry insight. Our service is ‘high-touch’, we jointly define the target investors and refine the storyline and business plan ahead of investor approach. We organize and lead meetings with you and high-potential investors to select the most suitable candidates and provide ongoing negotiation support to close the best possible deal. Committed to transparency, we only introduce your company to potential investors explicitly approved by you beforehand.
Commercial due diligence – Identifying the real risks and value in a deal
Our commercial due diligence services are a core strength, driven by strong demand for independent, sector-specific insight across the energy transition. With deep expertise in cleantech technologies, business models and markets, we provide clients with a clear assessment of value drivers and transaction risks.
To ensure full independence, we do not conduct due diligence on transactions where we advise any party in another capacity. Our strategy and technology experts work closely with our transaction teams to evaluate each opportunity across all relevant commercial and technical dimensions.
Why undertake commercial due diligence for a renewable energy project?
- What are the benefits?
- Why is it in higher demand than ever before?
- What is Apricum’s approach?
- What can you expect in the scope of work?
We answer these questions in our article: The merits of commercial due diligence for cleantech investments
Types of commercial due diligence
Vendor-focused commercial due diligence
- Scrutinizing products, markets, customers, competition, strategies, business plans, teams, operations, processes and incentives
We support investment banks and their clients with trusted, independent vendor-side CDD, delivering sector depth and analytical rigor beyond that of generalist providers.
Market-focused commercial due diligence
- Scrutinizing product, markets, customers, competition, strategies, business plans, teams, operations, processes and incentives
Our commercial market-focused due diligence covers a thorough company analysis including its business model, operations, supply chain, manufacturing, sales & marketing, management and corporate structure.
Technical-focused commercial due diligence
- Investigating manufacturing, R&D and intellectual property issues
Our range of comprehensive technical-focused CDD services supports the decision-making of our clients in technology investments; we assess the maturity and future potential of the technologies and their competitiveness. Please note, we do not offer technical advisory services for conventional energy projects.
View a selection of completed transactions.
EXPLORE OUR TRANSACTION ADVISORY INSIGHTS
Read what our clients say about our Transaction advisory team
“We were very impressed by the high caliber investors Apricum brought to us as well as their transaction expertise and deep understanding of the power grid industry and its technical complexities. Their professionalism and dedicated support throughout the entire process were instrumental in concluding this fundraising round so successfully.”
“Apricum helped HV during our SPV DD in assessing the quality of Enpal’s SPVs. With Apricum’s deep expertise we were able to holistically look at both the technical and financial quality of Enpal’s portfolio and make an informed decision with regard to an investment into Germany’s largest residential PV installer.”