What We Do
- Mandate scoping, workplan, and critical path (buy-side, sell-side, or carve-outs)
- Target search, longlist/shortlist, outreach tracking, and confidentiality workflows
- Indicative valuation (comps/precedents/simple DCF) and decision memos
- Teaser/IM and management presentation drafting, QC, and version control
- Virtual data room (VDR): structure, permissions, indexing, and Q&A cadence
- Diligence PMO: coordinate financial/tax/legal/tech workstreams with advisors
- Term sheet & SPA/APA issues list management and redline loop support
- Closing mechanics, funds flow, filings, and day-1/post-close integration planning
30+ years coordinating complex transactions in Cyprus. CySEC ASP License 135/196. Response within four business hours.
Scope Matrix
| Activity | Buy-Side | Sell-Side | Primary Owner |
|---|---|---|---|
| Mandate & critical path | Lead | Lead | Client + MegaServe PMO |
| Target/bidder mapping & outreach | Lead | Support | MegaServe |
| Indicative valuation note | Lead | Support | MegaServe (with finance advisor) |
| Teaser / IM preparation | Support | Lead | Client + MegaServe |
| VDR build & Q&A workflow | Lead | Lead | MegaServe |
| SPA/APA issues list & redlines | Support | Support | External counsel |
| Closing mechanics & funds flow | Lead | Lead | MegaServe + counsel |
| Day-1 / post-close integration | Lead | Lead | Client + MegaServe |
“Lead” means primary coordination and document control. Counsel drafts legal instruments; finance/tax advisors author specialist reports.
Process
- Scope & readiness: confirm objectives, constraints, deal perimeter, and data readiness. Set roles and cadence.
- Market & valuation: build longlist/shortlist, start outreach, and prepare an indicative valuation note.
- Diligence PMO: set up VDR, Q&A tracker, and weekly status. Coordinate advisors and issue logs.
- Docs & approvals: manage issues list with counsel, align conditions precedent, and control approvals.
- Closing & funds flow: run signing/closing checklists, filings, settlements, and compile the closing binder.
- Integration day-1: run day-1 handover, controls, comms, and first 30–90 day checkpoints.
Service Levels & Typical Timing
| Activity | Typical Frequency/Timing | Target Response | Notes |
|---|---|---|---|
| Target screening & longlist | 1–2 weeks from mandate | 48–72h iterations | Includes sector filters and contactability checks |
| Indicative valuation memo | 5–10 business days | 48h comments loop | Comps/precedents; management sensitivities optional |
| VDR build & Q&A | Continuous during diligence | Same-day critical; 24–48h standard | Role-based permissions and audit logs |
| Workstream PMO & status | Weekly cadence (or bi-weekly) | Next-day minutes | Actions/issues tracker with owners and due dates |
| SPA/APA redline support | As drafts issued | 24–48h | Issues list + decision log; counsel leads drafting |
| Closing pack & funds flow | 1–2 weeks pre-close | Same-day changes | Signature packets, filings, settlement timetable |
| Day-1 / integration sprint | First 30–90 days post-close | Weekly checkpoints | Access, controls, comms, KPIs, risk items |
Timings are typical. Third-party reviews and approvals can extend completion.
Case Study
Asset Purchase With Premises Lease Transfer (Anonymised)
Client: Buyer acquiring operating assets and taking over premises via a lease/occupation agreement (anonymised)
The buyer needed an asset purchase executed alongside a clean transfer/novation of the operating premises lease, with controlled sequencing across legal, operational, and banking workstreams.
MegaServe coordinated the workplan and critical path, set up structured document control (data room and indexing), ran the Q&A and issues log, and maintained closing checklists across the asset schedule, landlord consents/lease documentation, and settlement deliverables.
Result: the asset purchase closed with continuity of premises, supported by a clear closing pack and an orderly post-close handover for ongoing administration.
Materials
Deliverables
- Mandate brief & critical path workplan
- Target mapping workbook (longlist/shortlist & outreach log)
- Indicative valuation memo (assumptions + sensitivities)
- Teaser/IM pack with version control
- VDR index, permissions register & Q&A tracker
- SPA/APA issues list & decision log
- Closing binder (signatures, filings, funds flow, announcements)
Onboarding Checklist
| Corporate | Financial | Operations & Legal |
|---|---|---|
| Certificate set, articles, group chart, cap table | Last 3 years FS + YTD, trial balance, debt schedule | Top 20 customer/supplier list & contracts |
| Shareholders/BO registers, option plans | Cash flow & working capital profile | Key IP list, licences, and renewals |
| Board minutes/resolutions (material items) | Tax filings & rulings (if any) | Employment roster & templates; open disputes |
| Bank/KYC contacts and account lists | Budget/forecast (12–24m) if available | Litigation/claims log and insurance certificates |
Sensitive data should be shared only via the VDR once established. We provide indexing and permissioning on kickoff.
Governance
- Dual control on critical filings, funds flow, and signature packets
- Assumptions & decision logs maintained for auditability
- Role-based access in VDR with time-boxed links and access logs
- Redline discipline: version naming, comparison sets, and approval gates
- Weekly status with RAG risks, owners, and due dates
Risk & Notes
- Due-diligence gaps: incomplete target-company disclosure can surface post-completion liabilities; independent verification is essential.
- Regulatory clearance: cross-border transactions may require approval from competition authorities or sector regulators, adding time and cost.
- Valuation uncertainty: projected synergies often exceed realised gains; conservative modelling protects the acquirer.
FAQs
Do you replace legal counsel or investment banks?
No. We act as an M&A PMO and execution partner. Counsel drafts legal instruments (term sheet, SPA/APA). Any regulated placement or investment services are handled by licensed firms.
What deal sizes and sectors do you support?
Mainly SME and mid-market transactions (about €1m–€50m enterprise value). We also support other sizes if the scope and responsibilities are clear.
What is a typical timeline for an SME deal involving Cyprus?
Typical guide: 8–16 weeks from mandate to signing, plus 2–6 weeks to close (depending on approvals and conditions precedent). Timing depends on diligence complexity and third-party responsiveness.
How do you protect confidentiality and data?
We use NDAs and a segregated data room with role-based permissions, access logs, and a tracked Q&A workflow. Sensitive documents should be shared via the data room, not email.
How are fees structured?
Fixed-fee modules or a monthly retainer for execution coordination, with optional success components by separate agreement. Disbursements (filings, notarisation, translations) are billed at cost.
What does an M&A advisor do?
An M&A advisor manages the deal process from start to finish: scoping the transaction, identifying targets or buyers, coordinating due diligence, managing the data room, supporting negotiations alongside legal counsel, and running closing mechanics. We act as the central coordination point so the deal stays on track and all parties know their responsibilities.
See also
Business Synergy Development & Integration · Project Management Services · Company Structuring
Other Jurisdictions (on request)
Where required, we coordinate M&A advisory support through vetted associates in selected jurisdictions.