Secure growth. Increase value. Execute successful transactions.
Today, companies face a wide range of financial and strategic challenges: changes in the markets, new competitive conditions, growth strategies, or considerations regarding sales and succession. With our expertise in corporate finance and M&A, we support you in making well-informed decisions and confidently navigating complex processes.
We combine in-depth expertise in the SME sector with international experience to offer you advice that is both practical and strategically sound.
Business Valuation
A robust business valuation lays the foundation for important decisions—whether regarding a purchase or sale, succession planning, financing rounds, or for tax purposes. We analyze your company’s profitability, future cash flows, market position, and relevant value drivers. In doing so, we rely on established valuation methods (such as DCF, multiples, or net asset value methods) and carefully review financial projections for consistency and sustainability. The result is a transparent and comprehensible valuation that guides you confidently through negotiations.
Equity and Debt Financing
An appropriate financing structure is crucial for growth, stability, and long-term success. We help you develop equity and debt financing solutions that align with your business model and goals. This includes analyzing your ability to service debt, evaluating various financing instruments, and preparing all relevant documentation. Whether it’s traditional debt financing, mezzanine instruments, or equity-like structures—we’ll show you which options are viable and make sense in the long term.
Due Diligence
Comprehensive due diligence—consisting of financial and tax due diligence —provides clarity on a company’s financial and tax situation and serves as a key foundation for any transaction.
As part of financial due diligence, we review the quality of financial results, analyze cash flows, investment needs, and the structure of working capital. We assess the sustainability of the reported results, identify key value drivers, and highlight how these impact enterprise value.
Tax due diligence examines tax risks and structuring options. It includes an analysis of the tax structure, current tax positions, intra-group interdependencies, as well as potential tax liabilities or opportunities for optimization. This provides you with a clear and transparent assessment of the initial tax situation.
An important component of our work is structured reporting, which takes the form of either a detailed due diligence report or a concise red-flag report, depending on your needs. This enables you to identify risks, critical issues, and areas requiring action at an early stage.
Throughout the entire transaction process, we maintain ongoing communication with you and the other parties involved. Through regular updates, interim reports, and direct lines of communication, we ensure that you are always informed of the current status and can make decisions based on reliable information.
Mergers & Acquisitions (M&A)
Acquisitions and divestitures are among the most significant strategic decisions a company can make. This applies equally to growth strategies and to business succession, where complex economic, tax, and family-related issues often intertwine.
We guide you through every phase of the process—from preparation and analysis, through the identification and approach of suitable prospective buyers, to negotiations and the final execution. In doing so, we place particular emphasis on a structured and transparent process that reduces risks, minimizes information asymmetries, and enables goal-oriented decision-making.
Whether it’s a sale, a purchase, or succession planning: Our goal is to maximize the success of the transaction and provide you with a secure foundation for your business’s future.
Key Industry Sectors
Renewable Energy
Wind, solar, battery energy storage systems (BESS), and project-based companies present unique challenges in terms of valuation, financing, and analysis. We are thoroughly familiar with the specific structures, regulatory frameworks, and economic characteristics of these markets. Our specialized renewable energy team comprises approximately 15 experienced experts who support projects through all phases of development and operation. We assist you with financing, transactions, due diligence processes, and valuations—in one of the most dynamic and important markets of the future.
Start-ups & Venture Capital
Start-ups need flexible financing models, robust planning, and a compelling equity story. We support founders and investors—from the financing round through valuation to the exit.
Software & Technology
Technology and software companies are characterized by scalable business models, recurring revenue, and specific value drivers. We analyze the relevant KPIs and provide support with valuation, financing, and transaction preparation.
PKF Global – International Strength for Your Transaction
Cross-border projects place special demands on analysis, communication, and process management. As part of PKF Global, one of the world’s leading networks of independent audit and advisory firms, we offer you international access to local experts in over 150 countries.
For you, this means:
- a single point of contact at the PKF Wulf Group,
- local market and industry expertise in the relevant target markets,
- consistent methodologies, standardized analysis formats, and structured project management,
- internationally coordinated due diligence and valuation processes,
- seamless collaboration with corporate finance teams worldwide.
Our partner André Simmack, a member of PKF Global’s International Corporate Finance Committee, ensures the highest quality, short decision-making paths, and close coordination among all international stakeholders.
Why PKF Wulf Group?
We combine regional proximity with international strength and rely on a comprehensive, integrated consulting approach that brings together financial, tax, and business management aspects. With many years of experience serving small and medium-sized businesses, deep industry knowledge, and close integration into the international PKF network, you receive advice that is analytically sound, independent, and reliable—from the initial idea through to successful implementation.
Our corporate finance experts have supported over 100 transactions in the past five years—ranging from business valuations and due diligence processes to M&A and succession planning projects. This comprehensive experience enables us to confidently navigate even complex situations, identify typical challenges early on, and develop efficient, practical solutions for our clients.
Our clients include mid-sized companies, family-owned businesses, startups, investors, project companies, as well as specialized asset managers and alternative investment funds (AIFs) in the energy and infrastructure sectors.
Deal References
Renewable Energy – Financial & Tax Due Diligence for Large-Volume Junior Debt Financing
As part of one of the largest junior debt financings for renewable energy projects in Europe, we conducted financial and tax due diligence. Given the international nature of the project portfolio, the analysis was carried out in collaboration with PKF Global network firms. This enabled us to efficiently assess the economic fundamentals, project structures, and tax framework, thereby providing a sound basis for decision-making.
Software & Technology – Seed Financing for High-Growth Digital Companies
We have supported various software and technology companies with seed financing. Our focus was on evaluating early-stage business models, reviewing and validating financial projections, and developing a compelling equity story.
Succession Planning – Investment in Reisenthel
As part of a financial investor’s investment in Reisenthel Accessoires GmbH & Co. KG, we conducted a comprehensive tax due diligence. This involved analyzing tax risks, group structures, and potential optimization strategies, and incorporating these findings into the decision-making process.
Tax Due Diligence for the Investment in MC Shape
As part of Rhein Invest’s acquisition of a majority stake in MC Shape Holding GmbH, we provided tax advisory services for the transaction. Our role included the tax analysis and structuring of the transaction as part of a comprehensive tax due diligence process.”
Learn more
When is an external business valuation advisable—and what does it mean for the rest of the process?
A thorough valuation is always important when significant changes are on the horizon: a sale, a purchase, succession, financing, or internal strategic decisions. It provides an objective basis for negotiations, identifies key value drivers, and clarifies opportunities and risks. A professional valuation makes it easier to reconcile the parties’ differing expectations.
What are the requirements for planning calculations—and why are they so crucial?
Financial projections must be internally consistent and align with the company’s track record. We assess whether the assumptions are realistic, reasonable, and in line with industry standards, and how robust the business model is under various scenarios. These analyses are essential for financing discussions, investor decisions, and any form of business valuation.
What are the typical challenges involved in financial due diligence—and how can we help you navigate them?
In practice, it often becomes apparent that one-time special factors, non-operating assets, or seasonal influences were not sufficiently taken into account. We analyze the quality of the results, the cash flow profile, and the investment needs, and conduct a detailed review of working capital. This provides a realistic picture that is reliable for both buyers and sellers.
How do we help structure financing?
We assess your initial financial situation, analyze your ability to service debt, and develop various financing models. Working with you, we develop a structure that aligns with your business strategy and is sustainable in the long term. We also prepare documentation for financing partners and support you during negotiations to ensure you are in the best possible position.
Why is working capital a critical factor in transactions?
Working capital affects liquidity, purchase price, and future financial stability. We analyze seasonal effects, target metrics, and opportunities for optimization, and help you establish a realistic basis for negotiations.
How do international transactions work within the PKF network?
We handle central coordination and involve international PKF partners wherever their specific market and industry expertise is needed. Through common standards, standardized reports, and close communication, we create a transparent, efficient process that makes even complex cross-border projects manageable.