Carrick Wealth Announces Strategic Partnership with BDO Corporate Finance

Carrick Wealth is pleased to announce the formation of a partnership with BDO Corporate Finance, giving Carrick business owners access to a vast array of corporate finance advisory services.

Carrick Wealth is always looking to add services for our clients to better manage their wealth, says Mike Fannin, Founder and Non-Executive Director of the Carrick Group of Companies. “This opportunity is very much for those clients who have reached the point where they’re looking to have some form of liquidity event within their business. We are also looking to assist those involved in the strategic decision-making process in terms of the business's ongoing growth, such as acquisitions or divestiture of divisions.”

BDO Corporate Finance ranks as a top-tier transaction support advisor in the Dealmakers Mergers and Acquisitions ranking and is a specialist valuation, mergers and acquisition and transaction advisory practice. “The partnership will enable Carrick clients access to the full spectrum of corporate finance services” explains Stephan Bester, Manager: Mergers & Acquisitions at BDO. Some of the services which BDO Corporate Finance can assist with include:

1. Full or partial disposal of your equity position in your business;

2. Introduction of a strategic equity partner to the business, including robust B-BBEE transactions;

3. Raising acquisition and debt finance;

4. Acquiring a minority or majority stake in target;

5. Management buy-outs and buy-ins; and

6. Guidance on getting your business ready for sale.

“You have surrounded yourself with a team of experts in building your business, why then should you not do the same when you start considering the options to eventually exit?” asks Guy Steele, Head of Mergers & Acquisitions at BDO Corporate Finance.

“In our experience, a structured process in any corporate action whether it be buying or selling is beneficial to all parties. There is nothing like a little competitive tension to drive price and timetable. Also, never underestimate the importance of sale readiness – make sure the house is in good order when trying to attract buyers as this is likely to maximise your price and minimise your ongoing obligations in the form of warranties and indemnities”. “While some advisors like the quickest, easiest deal, we would rather have the hardest, longest deal if that's the right option for the client. Your business is, after all, arguably the most important financial asset in your life” reiterates Steele.

Other services that will be offered include the drafting of shareholders agreements, buy-sell agreements, key man insurance, making sure that corporate governance is in place. “It’s very much about adding value, but also adding value through creating new liquidity potential,” clarifies Fannin.


The partnership is a significant step for Carrick, says Fannin. “Carrick’s known as a personal advisory firm and our advisors focus on developing close relationships with clients. We value the trust that our clients place in us and take that responsibility of safeguarding them and their wealth very seriously so it’s important to us to bring an ever-increasing range of services to make sure we serve them even better.”

For more information about how Carrick Wealth can add liquidity and value to your business, please contact our Private Wealth Managers at [email protected]

Related Reading