Partnership with 2Xe
Competition is the law of the jungle, but cooperation is the law of civilisation – Peter Kropotkin Chessboard has launched a great partnership allowing us to support our clients on their carbon reduction & reporting journey.
Issues with using the FME Valuation Method
A common method of valuing a business in Australia is the Future Maintainable Earnings (FME) method. FME is often referred to as a “back of the envelope” valuation technique and involves determining a sustainable level of earnings of a business and capitalising it with an appropriate market multiple reflecting the risk of those cashflows. The […]
Understanding Working Capital in M&A Transactions
In the accounting world, Working Capital (WC) is often defined simply as Current Assets less Current Liabilities, reflecting the liquidity level to run day-to-day operations of the business. However, whilst the accounting definition can be simple, the effect of WC upon negotiations during a M&A transaction can be significant. Through the deals we have worked […]
Working with a Corporate Advisor
Potential clients sometimes ask what are the advantages of engaging with a corporate advisor for a transaction. We’ve found over the last 25 years, working alongside our clients brings a number of benefits to their corporate transactions including: removing the day-to-day burden of running a process allowing clients to focus on continuing to run the […]
Connect Plan Management – Corporate Adviser
Chessboard is proud to have supported Connect Plan Management Pty Ltd (CPM) on its sale to nib group limited (ASX:NHF). Chessboard acted as Corporate Adviser to CPM. CPM are a leading NDIS plan manager providing high quality and accessible plan management services. Founded in 2018, the business has grown to provide over 4,500 NDIS participants […]
NIB Acquires Connect Plan Management
Congratulations to Connect Plan Management (CPM) for completing their sale to NIB Group. Connect Plan Management provides high quality and accessible NDIS plan management services to its over 4,000 participants. nib Thrive is growing in the sector, expecting to manage plans for 50,000 participants by 2025. https://www.nib.com.au/docs/2023-completes-purchase-of-connect-plan-management Chessboard are proud to have supported CPM to […]
Retracom – M&A Adviser
Chessboard is proud to have worked with Retracom Hire Pty Ltd (Retracom) on their sale to Panelfab. Chessboard acted as Corporate Adviser to Retracom. Retracom provides relocatable, transportable site accommodation hire and associated services across the South East QLD region. The business has been in operation since 1974, growing a purpose built fleet of over […]
The Hon. Larry Anthony Receives Order of Australia
Chessboard would like to sincerely congratulate The Hon. Larry Anthony AO for being awarded Officer of the Order of Australia. Larry is a member of HLB Chessboard’s advisory board and has a extensive career spanning politics, business and community organisations. Larry has a diverse career starting from Agriculture ,Finance and Banking , Rail Transport, through […]