8 November 2017
Auren strengthens its workforce and is thereby further expanding its transaction advisory
With Christian Basler (Public Accountant and Tax Consultant), Auren was able to attract an experienced expert in the field of Transaction Accounting as at 1 October 2017. Therefore, Auren can further expand its portfolio in transaction advisory. Clients particularly need advice from a single source in this field and along the entire transaction cycle: From the preparation of the transaction, the tax transaction structuring, the legal advisory in relation to the SPA/APA, due diligence services, valuation services, right up to transaction accounting advisory, i.e. support services for the preparation of financial information, which falls due within the scope of corporate Transactions.
Christian Basler brings along many years of experience from his more than ten years of activity at Ernst & Young (EY). While there, he primarily looked after nationally and internationally active listed companies and PE firms with corporate acquisitions or sales and supported them in fulfilling their financial information duties. This particularly related to the preparation of pro-forma financial information and carve-out agreements, the frequently necessary GAAP changeovers in this context and the preparation of closing account, either as covenants to the SPA or as a means of final purchase price calculation. His projects include, amongst others
- the merger of two German automotive groups,
- the merger of a German and an American automotive supplier,
- the acquisition of a family-managed group from the scrap and recycling industry by a Chinese investor and
- the acquisition/sale of various industrial companies to different PE firms.
As Auren understands Transaction Accounting Advisory as an integral approach, companies are also looked after before and after the transaction. For example, investors and companies are shown the balance sheet effects of various transaction structures in advance of a transaction and customers can be supported with the post-deal integration.
Lothar Schulz, Managing Partner at Auren, about the addition to its workforce: “We are very pleased to have inspired such an experienced colleague as Mr. Basler to join Auren. In collaboration with him, we are certain that the needs of our SME clients in transaction business will be identified even earlier, understood even better and that noticeable added-value can therefore be obtained for them."
Are you interested in additional details and information about Transaction Accounting Advisory? Then, speak directly to our expert, Christian Basler at +49 711 99786841 or email@example.com.