M&A Deals — sell-side and buy-side advisory, led by partners from first meeting to closing

Transique advises promoters, Indian corporates, PE funds and family offices on selling businesses, buying them, and structuring and documenting the deal in between. One partner-led team handles the process, the valuation and the legal documentation, so the SPA you sign reflects the term sheet you agreed.

Deals tend to go wrong at a few specific moments: how the buyer or target universe is built, how competitive tension is kept, what is conceded at the term-sheet stage, and how the SPA allocates risk. We design each mandate around those moments.

Selected M&A mandates include Enconsys and Megashop (sell-side), and Taikisha Engineering, ASKA Equipments and Hi-Tech Pipes (buy-side).

Our M&A services

Every mandate draws on the same senior team. Choose where you are:

ServiceWhat it covers
Sell-side M&AConfidential auctions, curated short-list processes and bilateral negotiations: the right buyer, the right price, the right structure, closed on your terms.
Buy-side M&ATarget identification, indicative valuation, diligence coordination and term-sheet and SPA negotiation through to closure.
Deal Structuring & Transaction AdvisoryStructuring transactions for tax, FEMA, stamp-duty and regulatory efficiency.
Transaction Legal DocumentationTerm sheets, SHAs, SPAs, BTAs and side letters, drafted and negotiated in-house.
Merger Swap Ratio ValuationSwap-ratio valuations for mergers, demergers and schemes of arrangement, signed by an IBBI-Registered Valuer and built for NCLT filing.
Business ValuationIndependent valuations by IBBI Registered Valuers to support pricing, negotiation and filings.

Where to start

If…Start here
You are considering a full or partial exit, or have received an unsolicited offerSell-side M&A
You want to acquire a business, or you run a PE bolt-on strategy for portfolio companiesBuy-side M&A
You need to know what the business is worth before you negotiateBusiness Valuation
You are merging or demerging companiesMerger Swap Ratio Valuation
The deal is agreed in principle and needs a structure and the documentsDeal Structuring and Transaction Legal Documentation

How a sell-side mandate runs

  1. Readiness and materials · 6–10 weeksA written exit-readiness diagnostic; teaser, investor memorandum, data room and management-presentation deck, all built on the same narrative.
  2. Active marketing · 8–12 weeksCalibrated outreach with staggered disclosure (teaser, NDA, memorandum, management meeting, indicative offer); offers analysed on price, structure, conditions, certainty and cultural fit.
  3. Diligence · 8–12 weeksData-room opening, workstream management and a protected process calendar; best-and-final stage with two credible bidders preserved until SPA signing.
  4. Documentation and closure · 6–10 weeksSenior-led SPA negotiation, conditions precedent, regulatory approvals, completion and post-closing escrow management.

Well-run sell-sides close in six to ten months from kick-off. Complex structures (carve-outs, cross-border, regulated sectors) add 2–4 months.

How a buy-side mandate runs

  1. Acquisition thesisThe strategic rationale, target profile, financial parameters and dealbreakers, in writing.
  2. Target identificationStructured universe mapping, priority tiering and a go/no-go for each tier.
  3. ApproachConfidential outreach with a single point of contact, an NDA and controlled information flow.
  4. Indicative valuation and term sheetDCF, comparable-transactions, trading-multiples and synergy-adjusted frameworks, and a term sheet covering headline terms.
  5. DiligenceCoordination of the four diligence workstreams, with findings integrated into the valuation and the SPA negotiation.
  6. Negotiation and documentationSPA drafting and review, schedules and the disclosure-letter negotiation.
  7. ClosureConditions-precedent management, completion, and completion accounts or locked-box settlement.

Why mid-market teams choose Transique for M&A

  • Partner-led process management. The partner in the first meeting is the partner in the closing negotiation.
  • One team across the mandate. Corporate finance, valuation and legal sit together, so SPA and SHA drafting and negotiation happen in-house and documentation does not drift from the commercial terms.
  • Disciplined process design. Auction, short-list or bilateral is chosen on evidence, not habit.
  • Senior negotiators at the table. No hand-off to junior consultants at the critical moment.
  • Active sector coverage. We know who is open to conversations before we call them.
  • Cross-border fluency. Outbound Indian sell-sides to global strategics are routine, not exceptional.

Selected M&A engagements

Client/sLocationEngagement typeSector/s
EnconsysGurugramSell Side – Transaction AdvisoryIndustrial Automation
MegashopDelhiSell Side – Transaction Advisory; Valuation; Legal DocumentationRetail
Prayogik TechnologiesBhopalBuy Side – Transaction AdvisoryThermo electric module
Taikisha EngineeringGurugram (Japan Holding)Buy Side – Transaction AdvisoryEngineering
ASKA EquipmentsDelhiBuy Side – Transaction AdvisoryFire Equipments
Hi-Tech PipesDelhiBuy Side – Transaction Advisory and ValuationsIron & Steel
Kredmint TechnologiesNoida, NCRNBFC Acquisition AdvisoryFintech
Spectrum Dyes & ChemicalsSuratTransaction Advisory; Valuation; Legal DocumentationChemicals

Frequently asked questions

Do you act for sellers, buyers or both?

We advise sellers on exits, including PE portfolio exits and carve-outs, and buyers on acquisitions, including bolt-ons for PE portfolio companies. The process on each side is set out on the Sell-side M&A and Buy-side M&A pages.

How long does an M&A transaction take?

Well-run sell-sides close in six to ten months from kick-off: readiness and materials 6–10 weeks, active marketing 8–12 weeks, diligence 8–12 weeks, documentation and closure 6–10 weeks. Complex structures (carve-outs, cross-border, regulated sectors) add 2–4 months. Buy-side timelines depend on the target and the diligence scope.

Who drafts and negotiates the legal documents?

Term sheets, SPAs and SHAs are drafted and negotiated in-house by our legal team, so documentation stays aligned with the commercial terms. Where specialised regulatory appearances are required, we coordinate with arguing counsels and senior advocates. See Transaction Legal Documentation.

Is valuation part of an M&A mandate?

Yes. Valuation analytics (DCF, comparable transactions, LBO and synergy-adjusted frameworks) are part of both sell-side and buy-side mandates. Independent valuation reports are issued by Transique Valuation Advisors, an IBBI Registered Valuer Entity. See Business Valuation.

Can you support PE funds on exits and bolt-on acquisitions?

Yes. We run portfolio exits, by auction or bilateral process, and act as an on-call buy-side team for bolt-on acquisitions by portfolio companies. The bolt-on engagement model is typically a programme retainer plus per-transaction success fees.

Talk to us about your transaction

Use the Consult Us form at the top of this page, or book a call. A partner responds within one business day.

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