{"id":43792,"date":"2017-12-19T18:11:00","date_gmt":"2017-12-19T16:11:00","guid":{"rendered":"https:\/\/newserver.fyb.de\/produkt\/legal-challenges-in-the-context-of-buy-build-transactions\/"},"modified":"2017-12-19T18:11:00","modified_gmt":"2017-12-19T16:11:00","slug":"legal-challenges-in-buy-build-transactions","status":"publish","type":"product","link":"https:\/\/www.fyb.de\/en\/produkt\/legal-challenges-in-buy-build-transactions\/","title":{"rendered":"Legal challenges in the context of buy &amp; build transactions"},"content":{"rendered":"<p><strong>Dr. Tobias Fenck<\/strong> \u2014 Attor\u00adney at Law and Part\u00adner Bryan Cave LLP, Frankfurt\/Main<\/p>\n<p><strong>Sandra Pfis\u00adter \u2014 <\/strong> Lawyer and Part\u00adner Bryan Cave LLP, Hamburg<\/p>\n","protected":false},"excerpt":{"rendered":"<p><strong>Buy &amp; build has long been reco\u00adgni\u00adzed as a mani\u00adfes\u00adta\u00adtion of value crea\u00adtion in private equity tran\u00adsac\u00adtions. Studies have shown that buy &amp; build concepts are successful above all when they take place in the same indus\u00adtry or in comple\u00admen\u00adtary busi\u00adness areas of the plat\u00adform company and they are pursued on a sustained basis, i.e. seve\u00adral acqui\u00adsi\u00adti\u00adons are made. They work parti\u00adcu\u00adlarly well for smal\u00adler plat\u00adforms and in frag\u00admen\u00adted indus\u00adtries. In any case, the key to a successful stra\u00adtegy is that the equity spon\u00adsor is Buy &amp; Build experienced.<\/strong><\/p>\n<h1 style=\"text-align: center;\"><strong>1 + 1 =&nbsp;3<\/strong><\/h1>\n<p><strong>From the certain small-scale nature of the Group\u2019s cons\u00adtruc\u00adtion follows a need for flexi\u00adble struc\u00adtures with simul\u00adta\u00adneous scala\u00adbi\u00adlity of the process flows.<\/strong><\/p>\n<p><strong>Due Dili\u00adgence<\/strong><\/p>\n<p>As a rule, the equity spon\u00adsor alre\u00adady has a certain exper\u00adtise in the plat\u00adfor\u00adm\u2019s busi\u00adness area. Ideally, the consul\u00adtants will also have alre\u00adady gained expe\u00adri\u00adence in the rele\u00advant indus\u00adtry or compa\u00adra\u00adble indus\u00adtries. Nevert\u00adhel\u00adess, every tran\u00adsac\u00adtion and every company is diffe\u00adrent. From the equity spon\u00adsor\u2019s perspec\u00adtive, the key is ther\u00ade\u00adfore to become more effec\u00adtive and better with each acqui\u00adsi\u00adtion for the plat\u00adform. To this end, it inte\u00adgra\u00adtes manage\u00adment capa\u00adci\u00adties from acqui\u00adsi\u00adti\u00adons alre\u00adady made (add-ons), which can come up with know\u00adledge advan\u00adta\u00adges from their own corpo\u00adrate history.<\/p>\n","protected":false},"featured_media":40931,"comment_status":"open","ping_status":"closed","template":"","meta":{"wp_typography_post_enhancements_disabled":false},"product_brand":[],"product_cat":[2452,2456,2462,2465],"product_tag":[1682,1683,1686,1689,1692,1695],"class_list":{"0":"post-43792","1":"product","2":"type-product","3":"status-publish","4":"has-post-thumbnail","6":"product_cat-ebook-en","7":"product_cat-fyb-2018-en","8":"product_cat-dr-tobias-fenck-en","9":"product_cat-sandra-pfister-en","10":"product_tag-value-added","11":"product_tag-due-diligence-en","12":"product_tag-private-equity-transactions","13":"product_tag-dr-tobias-fenck-en","14":"product_tag-sandra-pfister-en","15":"product_tag-buy-build-en","16":"pa_ausgabe-deutsch-en","17":"pa_ausgabe-englisch-en","19":"first","20":"outofstock","21":"taxable","22":"shipping-taxable","23":"purchasable","24":"product-type-variable"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Legal challenges in the context of buy &amp; build transactions - FYB Financial Yearbook<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.fyb.de\/en\/produkt\/legal-challenges-in-buy-build-transactions\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Legal challenges in the context of buy &amp; build transactions - FYB Financial Yearbook\" \/>\n<meta property=\"og:description\" content=\"Buy &amp; build has long been recognized as a manifestation of value creation in private equity transactions. 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