M&A Advisory

MSquare provides independent M&A advisory services for buy-side, sell-side, partnerships, and corporate restructuring transactions in Vietnam.

Overview

Our M&A practice focuses on strategic positioning, disciplined execution, and negotiation management. We advise Vietnamese and international principals on acquisitions, divestitures, joint ventures, and corporate carve-outs. MSquare operates as independent advisor with no principal investing activities.

Transaction Coverage

Buy-Side Advisory

Target identification, approach strategy, valuation analysis, due diligence coordination, and negotiation support for strategic or financial acquisitions.

Sell-Side Advisory

Positioning strategy, buyer identification and outreach, information memorandum preparation, process management, and negotiation support for full or partial exits.

Partnerships & Joint Ventures

Partnership structuring, joint venture formation, and strategic alliance advisory. Term negotiation and governance framework design.

Carve-Outs & Restructuring

Business unit separation, corporate reorganization, and asset disposition advisory. Structural and transaction execution support.

Our Approach

MSquare emphasizes disciplined positioning, negotiation management, and execution oversight throughout the transaction lifecycle.

Strategic Positioning

Develop transaction rationale, positioning narrative, and valuation framework before market engagement.

Controlled Process

Manage information flow, timing, and stakeholder coordination to maximize negotiating leverage.

Negotiation Discipline

Support term negotiation with understanding of Vietnam market practice and principal objectives.

Execution Management

Coordinate due diligence, documentation, regulatory approvals, and closing logistics.

M&A Process

Phase 1

Strategy & Positioning

  • Transaction objectives and criteria
  • Target identification or buyer universe mapping
  • Preliminary valuation and structure
  • Positioning strategy and approach planning
Phase 2

Materials & Outreach

  • Information Memorandum (sell-side)
  • Target analysis and approach materials (buy-side)
  • Financial model and valuation analysis
  • Controlled outreach and NDA management
Phase 3

Due Diligence & Negotiation

  • Data room management
  • Q&A coordination and management presentations
  • LOI / Term sheet negotiation
  • Due diligence coordination
Phase 4

Documentation & Closing

  • Purchase agreement negotiation support
  • Regulatory and compliance coordination
  • Closing conditions and logistics
  • Funds transfer and transaction close

Typical Deliverables

Transaction strategy and positioning recommendations
Target list with rationale (buy-side) or buyer universe (sell-side)
Information Memorandum or Transaction Summary
Financial model, valuation analysis, and comparables
Process management: NDA tracking, data room, Q&A coordination
LOI and SPA negotiation support and term analysis
Regulatory and compliance coordination
Closing logistics and post-close support

Typical Situations

Strategic acquisitions for market entry or consolidation
Financial buyer acquisitions of Vietnamese businesses
Founder or shareholder exits (full or partial)
Corporate divestitures and non-core asset sales
Partnership formation and joint venture structuring
Family business succession and generational transitions
Distressed M&A and special situations

Discuss an M&A Mandate

MSquare engages selectively on M&A advisory mandates in Vietnam. Initial conversations are confidential.

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