Services of pecumu

Medium-sized corporate finance consultancy

Equi­ty & debt capi­tal con­sul­ting

The con­sul­ting has the goal to struc­tu­re an opti­mal mix and volu­me of equi­ty and debt capi­tal in a sus­tainable and pro­fi­ta­ble form for the respec­ti­ve com­pa­ny. On the one hand, exis­ting assets, as well as alre­a­dy gene­ra­ted and plan­ned cash flow are included in the struc­tu­re, as well as the upco­ming short and medi­um-term goals of the entre­pre­neur. Sin­ce in a world of con­stant chan­ges of basic con­di­ti­ons the long-term goals should be adapt­ed revol­vin­g­ly, a fle­xi­bi­li­ty neces­sa­ry for this is always to be plan­ned into the struc­tures.

From a stra­te­gic and tac­ti­cal point of view, it should be exami­ned whe­ther a col­la­te­ral pool, a club deal, syn­di­ca­ted finan­cing or sim­ply a struc­tu­re of bila­te­ral finan­cing rela­ti­onships makes sen­se in the indi­vi­du­al case.

Spe­cial forms of finan­cing such as publicly sub­si­di­zed loans, lea­sing, fac­to­ring, pri­va­te equi­ty /​ debt and debt fund finan­cing as well as trade finan­ce and cash pool solu­ti­ons, among others, can also be included in the finan­cing struc­tures.

Mer­gers & Acqui­si­ti­ons

The sale of one’s own com­pa­ny is a far-rea­ching entre­pre­neu­ri­al decis­i­on with which a cer­tain entre­pre­neu­ri­al pha­se is to be suc­cessful­ly con­cluded. The sale of a com­pa­ny is also usual­ly a very emo­tio­nal affair. Kno­wing this from the expe­ri­ence of many tran­sac­tions, we design the con­sul­ting in this ser­vice seg­ment very per­so­nal­ly and in an open dia­log at all times. We are not inte­res­ted in a quick tran­sac­tion, but rather in the recor­ding of all tran­sac­tion goals (con­ti­nua­tion of the com­pa­ny, job secu­ri­ty, pre­ser­va­ti­on of estab­lished cus­to­mer and sup­pli­er rela­ti­onships, objec­tively com­pre­hen­si­ble and mar­ket-rela­ted com­pa­ny valua­ti­on to deter­mi­ne a ran­ge for the purcha­se pri­ce) as well as their imple­men­ta­ti­on within the scope of the tran­sac­tion.

In addi­ti­on, the poten­ti­al buy­er groups (pri­va­te buy­ers as suc­ces­sors, stra­te­gists, pri­va­te equi­ty inves­tors) must be defi­ned or prio­ri­ti­zed in advan­ce when desig­ning the long list.

Cor­po­ra­te acqui­si­ti­ons, on the other hand, depend to a much grea­ter ext­ent on the qua­li­ty of the ana­ly­sis of poten­ti­al tar­gets and the stra­tegy for approa­ching them.

Real estate finan­cing

Final finan­cing and warehouse finan­cing of real estate in the indi­vi­du­al pro­duct groups (resi­den­ti­al, office, retail, indus­tri­al and logi­stics) for pri­va­te inves­tors, funds and finan­cial insti­tu­ti­ons can often be rea­li­zed through our own ran­ge of cont­acts. Incre­asing­ly, the indi­vi­du­al and accu­mu­la­ted volu­mes of finan­cing requi­red by real estate entre­pre­neurs and com­pa­nies go bey­ond their own exis­ting net­work of finan­ciers, so that new finan­cing struc­tures and finan­cing part­ners have to be estab­lished within a finan­cing pro­ject.

For the yield-fair and as small as pos­si­ble use of own capi­tal funds Mez­za­ni­ne finan­ciers play an incre­asing­ly lar­ge role in the enti­re real estate finan­cing ran­ge. Making sen­si­ble use of this form of finan­cing with its many struc­tu­ring opti­ons and kno­wing the right finan­cing part­ners is a field of con­sul­ting that has grown stron­gly in recent years in the con­sul­ting and struc­tu­ring of real estate finan­cing. We have a very good net­work in this intrans­pa­rent mar­ket in the dif­fe­rent pro­vi­der groups (fami­ly offices, insti­tu­tio­na­li­zed mez­za­ni­ne pro­vi­ders, second lien finan­ciers).

Pro­ject deve­lo­p­ments

In view of the bet­ter mar­gin struc­tures in rela­ti­on to final finan­cing, pro­ject deve­lo­p­ments are very rea­di­ly exami­ned by ban­king part­ners. The com­ple­xi­ty and the neces­sa­ry know-how for the struc­tu­ring and hand­ling of the finan­cing of pro­ject deve­lo­p­ments with their dif­fe­rent forms (glo­bal sale, sin­gle sale with or wit­hout MaBV, land bank and buil­ding land deve­lo­p­ment finan­cing) is, next to the SME busi­ness, our lar­gest con­sul­ting field.

Par­ti­ci­pa­ti­ons

pecu­mu betei­li­gungs GmbH and rela­ted com­pa­nies sel­ec­tively par­ti­ci­pa­te in indi­vi­du­al tran­sac­tions as co-inves­tors in the are­as of land ban­king, pro­ject deve­lo­p­ment and pri­va­te equi­ty in mid caps. The­se tran­sac­tions are not advi­sed by pecu­mu advi­so­ry in order to avo­id con­flicts of inte­rest.