Investment banking · Transaction advisory

Independent counsel for the decisions that reshape a business.

Amethyst Empyreal LLP advises promoters, investors and lenders on mergers, acquisitions, capital raising and restructuring. Senior attention on every mandate, from first conversation to close.

We advise

Promoters & founders PE & VC funds Lenders & banks Family offices Corporates & CFOs Startups

01 Sell-side · Buy-side · Open offers

Mergers & acquisitions

Advisory to promoters, boards and acquirers on the sale, purchase or combination of businesses: process design, valuation, negotiation of definitive agreements and completion.

Scope of work

Typical mandates

  • Sale of a controlling or minority stake by promoters
  • Acquisition of a domestic or overseas target
  • Joint ventures and strategic partnerships
  • Open offers and delisting under the Takeover Code
Sale processes Acquisitions Joint ventures Takeover Code

02 Growth equity · Pre-IPO · QIP

Capital raising

Preparation and placement of primary and secondary equity with institutional investors, family offices and strategic partners, from the equity story through to definitive documentation.

Scope of work

Typical mandates

  • Growth and late-stage private equity rounds
  • Pre-IPO placements and IPO readiness
  • Preferential issues and QIPs for listed companies
  • Secondary sales by early investors and founders
Private equity Family offices Preferential issues IPO readiness

03 Term loans · Structured credit · Refinancing

Debt syndication

Structuring and syndication of debt facilities with banks, NBFCs and credit funds, including preparation of the lender information memorandum and negotiation of terms, security and covenants.

Scope of work

Typical mandates

  • Term loans for capacity expansion
  • Working-capital and non-fund-based limits
  • Acquisition and structured finance
  • Refinancing and placement of NCDs
Banks & NBFCs Credit funds NCDs & mezzanine Project finance

04 Valuations · Due diligence · Fairness opinions

Valuations & diligence

Independent valuation opinions and financial, tax and commercial due diligence for transactions, regulatory filings and board decisions.

Scope of work

Typical mandates

  • Equity and enterprise valuation for transactions
  • Valuation under FEMA, Rule 11UA and the Companies Act
  • Buy-side and vendor due diligence
  • Swap ratios and fairness opinions
DCF & comparables Rule 11UA & FEMA Quality of earnings Vendor diligence

05 Restructuring · Schemes · FEMA

Restructuring & structuring

Design and execution of mergers, demergers and group reorganisations that are efficient under tax, company law and FEMA, together with advisory in stressed situations.

Scope of work

Typical mandates

  • Schemes of amalgamation and demerger
  • Succession planning and family settlements
  • Independent business reviews and restructuring proposals
  • Inbound and outbound investment structuring
Mergers & demergers Succession IBC support Cross-border

Approach

Partners run the deal. Not a team two levels down.

Every engagement is led by a chartered accountant with transaction experience, who stays on the file from scoping to signing.

Our process
  1. Scope

    A frank first conversation on objectives, timing and feasibility.

  2. Prepare

    Numbers, narrative and structure before anyone else sees them.

  3. Execute

    Outreach, negotiation and diligence run by the partners on the file.

  4. Close

    Conditions precedent, approvals and funds flow to completion.

Engagement routes

Select a situation to see how an engagement is sequenced.

Indicative only. Scope and timing are confirmed at engagement.

Route

  1. Valuation
  2. Vendor due diligence
  3. Information memorandum
  4. M&A advisory
  5. Structuring & tax

Indicative timeline

6 to 9 months

Opening question

Full exit, or a partial sale with continued participation?

Note. Normalised working capital should be agreed before the price is.