CLIENT’S CHALLENGE:

Client is a leading manufacturing company with operations across the globe. Client requires urgent legal due diligence conducted for a target. Client may be competing against other potential acquirors, and time is of the essence. Client also needs a team that understands its business and provides ongoing support to its internal legal department.

THE QUISLEX SOLUTION:

• QuisLex worked with the Client to obtain access to the target’s data room
• The QuisLex team of 10 highly experienced attorneys was led by a U.S. licensed Project Manager with several years of M&A and corporate finance experience
• QuisLex prepared term sheets for a large number of contracts encompassing various aspects of the target’s business such as purchase, supply, credit, financing and real estate
• The review was specifically geared to uncover rights and obligations that could potentially have an adverse effect on the transaction, such as change of control and assignment clauses, restrictive covenants and termination clauses
• Simultaneously, the team also reviewed and summarized corporate governance documents such as articles of incorporation, minutes of board meetings and shareholder resolutions
• QuisLex then compiled the information into a comprehensive due diligence memorandum, with detailed analysis of the issues uncovered
• QuisLex successfully completed its legal due diligence within five days and presented the consolidated memo to Client’s in-house legal counsel

THE QUISLEX ADVANTAGE:

• Diligence findings significantly facilitated Client’s negotiations with the target
• Client has ongoing access to a highly-trained, dedicated team who could conduct on-going diligence for a variety of transactions
• Client’s cost savings were more than 75%