Corporate Finance

We provide our clients with an expertise in regard to all the actions a management should undertake in order to increase the value of the company. Our ultimate goal is to achieve optimal allocation of financial resources. In order to achieve that we provide our clients with expertise in the following areas:

Restructuring

Corporate and Debt restructuring are a key part of the corporate management process. Corporate restructuring is the process of reorganizing the legal, operational and financial framework of a company, for the purpose of increasing its profitability, growth rate and ultimately its value. Innovo Investment Management has a successful track record in helping our clients through the process of change of ownership structure, demergers, as well as a response to a major change in the business such as bankruptcy, repositioning, or buyout.

Securing capital for growth is among the most important business activities, yet one that most companies in Bulgaria do inefficiently. By choosing the optimal mix between equity and debt financing in each stage of the business cycle, a company can achieve sustainable growth and improve its internal profitability. We can raise capital via:

• Equity Capital -We are able to source equity capital through a wide range of financial and strategic investors including Private Equity Funds, Mezzanine Capital Funds, Development Banks and initial public offerings. The final decision on which type of financing to use depends entirely on firm’s specific characteristics, whilst maximizing shareholder’s value;
• Debt Capital – We have established long-term partnerships with the biggest banks in Bulgaria as well as the biggest development banks operating in Europe. We can also provide expertise in underwriting bond issues.

Strategy Consulting

Innovo Investment Management addresses all the critical questions facing senior executives and develops pillars for sustainable growth and increased shareholder value. We apply our insight and expertise to unlock an organization’s true value, whether that involves realigning corporate strategy, or identifying inefficient processes and optimizing them.  Our consulting service is based on the following key areas of expertise:

M&A

Mergers and acquisitions are a key aspect of the corporate development of a company. It deals with the process of  buying, selling, dividing and combining different companies and similar entities that can help an enterprise grow rapidly in its sector or geographical location of origin, or a new field or new location, without creating a subsidiary. In accordance with the timing of the transaction, if used efficiently a M&A deal can help the owners create value by successfully unlocking synergies.

Real Estate Finance

The economic crisis in Bulgaria led to a sharp increase in the non-performing real estate loans (NPLs) in the banking system. As of today this represents a profitable investment opportunity.  Our team has the necessary experience and knowledge to pinpoint and acquire such assets at a discount to their loan value. We can also help our clients with the financing and development of the project.

Legal Advisory

Proper commercially-oriented legal advice is essential for the operation of any business – from setting up and structuring the strategy for its functioning through ongoing day-to-day advice to potential disputes with business partners, clients and competitors. We advise on the whole process of business transactions – from initial due diligence through negotiations to completion of transactional contracts and other documents. We are also consulting businesses on minimizing commercial risks by conforming to legal regulations in the relevant business sector, on financial agreements and security packages, and on legal restructuring and corporate rescue (company reorganization, debt renegotiation, etc.)

• Legal Due Diligence – Pre-acquisition legal due diligence of companies, businesses, projects, properties;
• Transactional Advisory – Negotiation, drafting and closing of transactions of companies, businesses, projects, properties;
• Legal setup and structuring of companies, businesses, projects;
• Legal restructuring of companies, projects and debts;
• Regulatory Advisory – Legal advice on key applicable regulations on business operations;
• Corporate and commercial litigation, arbitration and out-of-court settlements.