M&A Advisory. Driving inorganic growth in ICT and beyond for optimal deal value.
We support transactions along the entire deal chain: strategy, due diligence, day-one readiness, M&A and carve-out implementation, post-merger-integration.
We use 40+ years of experience in the telco market to accompany our clients throughout the entire deal process, bringing their strategy to life and ensuring the best possible value.
25+
years of M&A experience
400+
M&A projects
60+
countries
Challenges, or as we call them – opportunities.
Navigating industry disruption through strategic restructuring
Telcos are under pressure from declining margins, digital disruption, and investor expectations. The challenge is to restructure – through spin-offs, mergers, or partnerships – to unlock growth and reposition for the future.
Building deal momentum with early targeting and organizational readiness
Deals often fail before they start. The challenge is to identify the right targets and ensure internal readiness – strategically, operationally, and culturally – before entering negotiations.
Uncovering hidden risks with fast, multi-dimensional due diligence
Due diligence must uncover hidden risks and validate assumptions across all business areas. The challenge is to coordinate fast, multi-disciplinary assessments without missing critical red flags.
Defining realistic value in a complex, synergy driven environment
Valuation is a strategic exercise. The challenge is to model future performance, synergies, and integration costs accurately balancing ambition with realism to avoid overpaying.
We rethink how you navigate growth.
M&A strategy
We help clients define a bold and actionable M&A strategy that aligns with their corporate vision. We identify strategic growth opportunities, assess market gaps, and craft acquisition or carve-out roadmaps that unlock long-term value. Our deep ICT industry insights and proven frameworks ensure every move is grounded in clarity and purpose.
Scouting & readiness
We accelerate your deal pipeline by scouting high-potential targets and preparing your organization for seamless integration. We combine market intelligence with proprietary screening tools to shortlist candidates that match your investment criteria. At the same time, we assess internal readiness to ensure your teams and systems are primed for action.
Pre-deal
We deliver end-to-end support during the pre-deal phase, from pre-due diligence to full due diligence across commercial, technical, financial, and organizational domains. We build robust business cases, quantify synergies, and support bid and negotiation strategies. Our clean team setup ensures compliance and confidentiality while enabling fast, informed decisions.
Merger preparation
We support clients in preparing for mergers by designing a tailored Target Operating Model, organizing clean teams for secure data handling, and ensuring Day 0 and Day 1 readiness. We align business functions, systems, and teams to enable smooth integration and unlock synergies across commercial, technical, and organizational domains. Our structured approach ensures that the merger delivers strategic impact from day one.
Carve-out preparation
We enable clients to execute carve-outs with clarity and control. We define the scope of separation, manage transitional service agreements (TSAs), and prepare the carved-out entity for independent operation. Our experts ensure business continuity, regulatory compliance, and a clean break — whether the goal is divestment, spin-off, or strategic repositioning.
Post-deal execution
We ensure frictionless post-merger integration (PMI) and carve-out execution. We operate the Integration Management Office (IMO), make sure that synergies are realized, and manage change across functions. Our tools, best practices, and hands-on leadership ensure benefits are captured, risks are mitigated, and transformation goals are achieved.
Start the conversation
Your strategic growth journey starts here. Connect with our M&A experts.
Your agenda is complex. We make it actionable.
CxO levels of ICT companies
On the buy and sales side, development and implementation of inorganic strategies.
Investors
Target scouting, providing telecommunication knowhow to investors outside of the ITC sector.
Partners we work with.
Contact us for a brief discussion about your business challenges.
Your M&A specialists building the engine for strategic growth.
Ulrike Eberhard
Partner
Martin Kellner
Senior Manager
Lisa Körting
Senior Manager
Lars Theobaldt
Partner
Jan Weigel
Senior Manager
Dr. Stefan Weigand
Managing Partner
