Our services
Our fields of expertise are diverse and include inter alia: company evaluations, evaluations of complex financial instruments, expert opinions and provision of expert testimony in court, support and consultation for insolvency processes and debt arrangements, business plans, testing for distribution/defrayal abilities, financing projects and research and development for models and technology in the field of financing for companies.
Company valuations
The range of products and services that we provide in the field of company valuations include:
1. Valuations of requirements for execution of merger and acquisition transactions, investments in companies, sale of shares, receipt of financing etc.,
2. Examination of the financial fairness of transactions for companies, company boards of directors and audit committees (fairness opinions).
3. Valuations for purposes of accounting reporting pursuant to the relevant accounting standard (IFRS, US GAAP).
· Purchase price allocation
· Examination of impairment in value of assets, including intangible assets, technology, goodwill etc.
4. Valuation of reporting Requirements to the tax authorities, including within the framework of a split or merger of activities, transfer of assets between judicial entities, allocation of shares/options to employees and service providers etc.
5. Valuations required during legal proceedings for one of the litigants and/or as an expert on behalf of the Court.Read less
Evaluations of financial instruments
Many companies choose to finance their activity or to reward their managers and employees, based on complex capital and debt instruments, which include convertible debts, performance-dependent shares, preferred shares, performance-linked options, “virtual” shares, employees stock options (ESOP) and others.
Comprehensive financial analysis of instruments of this type requires an in-depth and nuanced understanding, we have accumulated this expertise through the thousands of analyses of complex and simple financial instruments thatwe have carried out for private and public companies in Israel, Germany, Austria, Luxembourg, the United Kingdom, the United States, Canada, Australia and New Zealand.
Furthermore, our team is able to characterize and implement processes for the construction of capital/debt instruments according to the unique company/transaction requirements including the financial, financing, accounting and taxation ramifications.
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Expert opinions and testimony
Professional support when accompanying legal proceedings
In many litigation cases, attorneys require the support of professional experts in fields of finance, economics, accountancy or taxation.
This need transpires, as a rule, already in the preliminary stages of handling the case, for the purpose of consolidating the legal strategy and in due course for the purpose of provision of an expert opinion.
In cases in which the Court requires the appointment of an expert witness, the partners of Clear Structure are acceptable as experts and have considerable experience in writing expert opinions for various proceedings such as: financial disputes, analysis and support of insolvency proceedings and more.
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Consultation for debt arrangements
ClearStructure’s team is one of the leading and most experienced in Israel in economic, financial and accounting consultancy in various insolvency and debt restructuring processes for public and private companies. We have accumulated a unique understanding in our role as court-appointed financial consultants and as financial consultants for institutional investors within the framework of debt arrangements for companies that have issued bonds.
Within the framework of the insolvency/debt arrangement processes for Brookland April, Starwood West, Medley Capital (which is the decisive majority of the proceedings of this type of the American companies in Israel to date), the ClearStructure team has provided consultancy and financial support for the bondholders and has accumulated unique experience in contending with the problems characterized by legal, financing, international complexity.
We have proven abilities and an extensive track record in execution and writing of expert opinions, analysis of the capital and debt structure, valuations, planning and modeling of financial solutions, management of negotiations with stakeholders, financing entities, suppliers and directors. We are proud of our ability to work in dynamic work environments, to adjust our approach to the different work environments and to take a proactive approach to the situation and gaining the desired result.
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Support in equity and debt financing
We provide support in M&As, equity, and debt financing.
With unique expertise, our team is able to guide you seamlessly through mergers and acquisitions as well as equity and debt financing. Starting at the analysis stage, we offer guidance all the way through to the negotiations and closing. We also manage the acquisition or selling process of private and public companies.
We have a broad network of qualified connections with all institutional investors, insurance companies, private and public investors.
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Solvency and distribution tests
Pursuant to the new Companies Law, the board of directors of a company has the duty to examine its defrayal ability once a period, or each time that it is considering a distribution of dividends or a reduction of capital.
As a leading entity in the sector of insolvency and on the basis of our experience in the field, ClearStructure has accumulated over the years unique know-how and expertise in the examination of the defrayal ability of companies.
Over the years we have supported many company’s inability tests for insolvency and distribution, including leading companies in the economy.
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Project finance and PPP models
ClearStructure’s team has considerable experience in support of modeling processes and project financing for large infrastructures in Israel, including the sewage treatment plant in the Gush Dan area (together with Dan Sewage), the desalination plant at Palmachim, the Ashdod Hospital and support for municipal bodies: Bat Yam Municipality, Eilat Municipality, Bnei Shimon District Council, Brenner District Council, Tel Aviv Municipality – the coastal region, Ramat Hasharon Municipality and the Yehuda Jurisdiction District Council.
· Techno-economic analyses of engineering infrastructure plants, including treatment of waste, transition stations and sewage treatment plants.
· Preparation of financial programs for master plans (analysis of demands and needs pursuant to uses and comparison of the various uses).
· Preparation of business plans to increase revenues of local authorities.· Support with contracts for local authorities and financial companies with developers for the purpose of joint development (combination transactions, business partnerships).
· Preparation of a financing model for infrastructure facilities owned by local authorities and analysis of feasibility for construction and financial support for the local authorities vis-à-vis the Ministry of the Interior on issues of balance grants and limits and distribution of revenues committees.
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Research and development lab
Artificial Intelligence (AI) systems and analysis of big data constitute a decisive factor in almost all fields of occupation, from cyber security and through to digital media, retailing, transport and even medicine.ClearStructure believes that there is also a need and great value in the use of Artificial Intelligence systems and data analysis in the field of corporate finance.
Furthermore, the lab develops for our client’s automatic engines for application of accounting standards such as the leasing standard (IFRS 16), handling of the distribution of the expense for options for employees and more.
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