SEPTEMBER 8, 2022<\/p>\n\n\n\n
By: Luis Gerardo Ram\u00edrez Villela<\/p>\n\n\n\n
In Mexico, mergers and acquisitions operations have been increasing over the
over time and have been based on transactional documents
cross-border, mainly from the United States of America.<\/p>\n\n\n\n
In this sense, the determination of the purchase price has always depended
of the financial and legal audit processes carried out by the potential
buyer, as well as the consideration of the valuation mechanisms more
market relevant.<\/p>\n\n\n\n
Today, we can consider that the most widely used valuation mechanisms
for this type of operations are the following:<\/p>\n\n\n\n
\u27a2 Net Asset Value<\/strong> \u2013 It is the simplest form of valuation that \u27a2 EBITDA (Earnings Before Interest, Tax, Depreciation & \u27a2 P\/E Ratio (Price Earning)<\/strong> \u2013 The price\/earnings ratio is a \u27a2 Income Multiple<\/strong> \u2013 Under this mechanism, a Based on the aforementioned mechanisms, the negotiation of the price of From a legal perspective, it is important to share information with the team It should be noted that the Federal Civil Code and each local civil code In Mexico, mergers and acquisitions operations have been increasing over the
comprises the sum of all the assets of the company minus the liabilities
corresponding; in the understanding that this mechanism does not consider
no future income.<\/p>\n\n\n\n
Amortization\/Earnings Before Interest, Taxes,
Depreciation and amortization)<\/strong> \u2013 This mechanism measures performance
of a company and can be compared with other companies in the
same industry, based primarily on its cash flow generation
cash.<\/p>\n\n\n\n
mechanism used to establish a value considering the utilities
of a company and deducting tax profits.<\/p>\n\n\n\n
valuation of multiples of income which is the most common methodology
used to determine the value of a company. Provides a
useful metric when comparing companies with different profits, but
with similar margins, products, markets and competition.<\/p>\n\n\n\n
purchase will depend on how the transaction is structured and the outcome of the
audit processes, always taking into account compliance with the
applicable provisions and that the parties may agree on the terms and
conditions that they decide, which will be required under the contract
of corresponding sale.<\/p>\n\n\n\n
to determine the warning signs that could have an impact
in the analysis of the transaction and that would result in an adjustment in the price of
purchase (for example: reserves for contingencies, unpaid taxes,
social security contributions, etc.).<\/p>\n\n\n\n
establish specific payment obligations and, therefore, must be verified with
its legal advisors that the transaction complies with all the provisions
applicable.<\/p>\n\n\n\n
<\/p>","protected":false},"excerpt":{"rendered":"
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\ncross-border, mainly from the United States of America.<\/p>","protected":false},"author":15,"featured_media":10956,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[99],"tags":[],"class_list":["post-10948","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articulos","has-thumb"],"jetpack_featured_media_url":"https:\/\/www.mgps.com.mx\/wp-content\/uploads\/2022\/09\/01.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.mgps.com.mx\/en\/wp-json\/wp\/v2\/posts\/10948","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.mgps.com.mx\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.mgps.com.mx\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.mgps.com.mx\/en\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mgps.com.mx\/en\/wp-json\/wp\/v2\/comments?post=10948"}],"version-history":[{"count":2,"href":"https:\/\/www.mgps.com.mx\/en\/wp-json\/wp\/v2\/posts\/10948\/revisions"}],"predecessor-version":[{"id":11083,"href":"https:\/\/www.mgps.com.mx\/en\/wp-json\/wp\/v2\/posts\/10948\/revisions\/11083"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.mgps.com.mx\/en\/wp-json\/wp\/v2\/media\/10956"}],"wp:attachment":[{"href":"https:\/\/www.mgps.com.mx\/en\/wp-json\/wp\/v2\/media?parent=10948"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mgps.com.mx\/en\/wp-json\/wp\/v2\/categories?post=10948"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mgps.com.mx\/en\/wp-json\/wp\/v2\/tags?post=10948"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}