Case Study

1. MERGERS & ACQUISITIONS
Post Merger Comprehensive Support
After the merger of multiple predecessor companies into a
single entity, our client needed help with external reporting,
S-1 stock offering preparation, Sarbanes-Oxley compliance and
a systems conversion; so their Big 4 auditor sent them to us
Situation
This Midwestern adhesives and coatings business was born when a carve-
out from a major industrial firm was combined with multiple other portfolio
companies. The new company employs some 7000 people worldwide and
achieves revenues of $5 Billion.
Challenge
With its formation, company became the world’s largest producer of
binder, adhesive, coating, and ink resins for industrial applications. But it
still needed a transactional processing infrastructure, a new fair value-based
opening balance sheet that was backed by proper purchase accounting,
and a consolidation system for producing accurate, auditable financial
statements.
Solution
SolomonEdwards provided comprehensive support for the company’s
corporate accounting operations, including transaction processing, general
ledger close, consolidation, and financial analysis. Our team of professionals
delivered:
• Merger integration assistance and post-merger external reporting
assistance for the filing of a publicly registered S-3 debt offering and
the preparation of an S-1 stock offering
• Information system conversion assistance for a new instance on SAP/
R3 and a new format for financial statement consolidations
• Early planning for the new company’s “year one” Sarbanes-Oxley
Section 404 compliance
Results
SolomonEdwards’ team of experts provided both strategic and tactical
Corporate Accounting solutions to help this newly-formed business establish
transactional processing infrastructure, proper purchase accounting, and
accurately consolidated, auditable financial statements.
About SolomonEdwards
SolomonEdwards is a national professional services firm focused on
strategy execution. We create success for our clients by providing extensive
experience, deep subject matter expertise and adaptability within ever-
changing business dynamics. Through custom solutions we execute to
solve clients’ critical business issues related to business transformation,
accounting and finance, governance and regulatory compliance and mergers
and acquisitions.
SolomonEdwards Expertise
Mergers & Acquisitions
Our experienced and knowledgeable
professionals provide support with pre-
deal evaluation, transaction reporting,
post M&A integration and regulato-
ry compliance to ensure clients are
prepared to meet and overcome any
challenges that emerge throughout,
and following, the transaction.
• Pre-Transaction Evaluation
• Transaction Reporting
• M&A Integration
• M&A Compliance
Contact Us
You don’t have to imagine the results
we can make in your organization.
Contact us today to discuss your needs:
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www.SolomonEdwards.com
SolomonEdwardsGroup, LLC is not a registered public accounting firm.