Boutique M&A Advisory · Pune, India
Independent Financial and M&A Advisors
Why Choose Us
What Sets Equevo Apart
Strong M&A Presence
Deep expertise in transaction document preparation and financial advisory across the full deal spectrum — from pre-transactional through post-transactional support.
Entrepreneurial Mindset
Being entrepreneurs ourselves, we understand your pain-points and bring a founder's perspective to every mandate we handle.
Young & Dynamic Team
A qualified and energetic team of Chartered Accountants delivering timely, high-quality outputs for complex transactions.
Proprietary Technology
Our proprietary technology system enables quick financial modelling, valuation, and advisory delivery with superior accuracy.
Sector Agnostic
We serve businesses across all sectors — focused specifically on small and mid-sized companies where our impact is greatest.
Global Network
Exceptional reach to both domestic and international buyers and investors through our curated network of global partners.
About Equevo
Our Firm
Equevo derives its meaning from Equity and Evaluation. We take ownership of everything we do and evolve ourselves along with the dynamic world.
Headquartered in Pune, India, Equevo is an independent investment bank and advisory firm focused on growing enterprises. At the forefront of technology, ideas and capabilities, we provide client-centric solutions across the full spectrum of the growth curve for rapidly evolving businesses.
Equevo believes in problem solving and focuses on your growth. You are one step away from looking at your business from a new perspective — and we wish to take that step with you.
We are managed by partners with diverse technical backgrounds — investment banking, valuation, entrepreneurship, accounting, consulting, legal and operations. Our combined expertise brings powerful insight to meet the emerging challenges of an increasingly complex world.
Our Services
Our Values
What We Stand For
Integrity
We pride ourselves in the intellectual integrity of our advice: we believe in what we say and we say what we believe.
Professionalism
Multi-product capabilities coupled with strong financial expertise and solid execution across all mandates.
Creativity
Diverse institutional and investment banking backgrounds allow for imaginative, innovative and agile solutions for clients.
Independence
We are a fully-independent structure defending solely our clients' interest — always and without compromise.
Trust
We work as a family and the foundation of everything we do is built on trust.
What We Do
Our Services
Comprehensive financial advisory across the entire transaction and business lifecycle — from deal origination through post-transaction integration, tailored for growing businesses.
Investment Banking | M&A Advisory
Full-service transaction advisory across all deal stages, from pre-transactional to post-transactional support.
→Business Valuation
All types of business, asset and intangible valuations for strategic, regulatory and financial reporting purposes.
→Due Diligence
Financial, tax, legal and commercial due diligence to protect your business transaction and investment.
→Data Room Assistance
Exit readiness review, data room setup and divestment process management from day one.
→Transaction Research & Support
Supporting banks, advisory firms, equity research firms and business owners across the deal lifecycle.
→Strategic Advisory & Business Planning
Corporate strategy, management consulting, and restructuring / turnaround solutions.
→Debt Syndication
End-to-end debt advisory: optimal capital structures and structured finance from strategy to execution.
→Tax Advisory & Litigation Support
Complete Income Tax, GST, FEMA and Foreign Trade Policy advisory and litigation representation.
→Service 01
Investment Banking
| M&A Advisory
Sell Side Advisory
Most entrepreneurs get only one opportunity to sell their company. The decision to sell impacts you, your family, your partners, your employees, and your clients. Equevo helps navigate this process every step of the way.
Formulating the Exit Strategy
- Uncover exit goals via preliminary interview
- Develop an exit strategy based on those goals
- Establish business valuation criteria and ranges
- Develop business value expectation
- Develop enhancement strategies to maximise company value prior to sale
Preparing the Business for Sale
- Assess company's strengths, weaknesses, and unique selling point
- Conduct soft due diligence and prepare data room
- Develop personalised marketing program
- Prepare blind executive profile, confidential information memorandum, and business model
Marketing the Company
- Identify potential buyers worldwide
- Identify prospective equity and strategic partners
- Initiate confidential discussions with potential buyers
- Generate interest and arrange facility visits and management meetings
Executing the Sale
Buy Side Advisory
Acquiring a business can be an effective growth strategy. A synergistic acquisition offers huge potential for sustainable growth. Equevo has developed and refined a successful business buying process.
Clarify the Buying Strategy
- Growth Strategy or Industry Consolidation Strategy
- Business Diversification Strategy
- Management Buyout
Identify & Qualify Prospects
- Identify multiple acquisition targets including off-market companies
- Qualify prospects based on established criteria
- Establish valuation expectations and price multiples
- Exchange information and assist in letter of intent negotiation
Negotiate & Close the Deal
- Structure the deal
- Coordinate the professional team including attorneys and specialists
- Close the deal with maximum value capture for the buyer
Growth Equity & Private Placements
Equevo advises companies that have witnessed their first stages of commercial traction and positions them for rapid expansion through advisory support and access to a deep funding base of private growth investors.
Venture-Backed Companies
We work with sector specialist bankers and investor coverage groups to plan the right growth and fundraising strategy — mainly focused on raising primary growth capital to organically build revenues and profits.
Bootstrapped Entrepreneurs
We also work with entrepreneurs who have grown impressively without outside capital and are looking for a first institutional partner to help drive the business to the next level of growth.
Service 02
Business Valuation
Equevo routinely assists clients with the valuation of businesses and business interests, as well as tangible and intangible assets and complex, hard-to-value securities. Our professionals have the expertise to satisfy any business or asset valuation need.
Strategic Decision Making
- Evaluate an offer and negotiate a strategic sale
- Shareholder or partnership investments or buyouts
- Strategic value analyses for fund mobilisation, acquisitions, divestitures and joint ventures
- Justify company value for annual shareholder meetings
- Division-wise valuations to identify weak divisions
- Restructuring valuation for mergers, demergers, slump sale and spinoffs
- Value a portfolio of Intellectual Property Rights — patents, trademarks, copyrights, proprietary processes
- Legal, dispute and tax issues, valuation of claims, fairness opinions
Regulatory Requirements
- Valuation as per Companies Act 2013
- Cross-border share transactions per FEMA guidelines (resident / non-resident entities)
- Valuations under Insolvency and Bankruptcy Code, 2016
- Income Tax Act, 1961 (including transfer pricing)
- Valuation under SEBI Listing Obligations and Disclosure Requirement Regulations
Financial Reporting
- Share valuation for goodwill and asset impairment testing under Ind AS 36
- Purchase price allocation after acquisition of a business
- Intangible asset valuation for business combinations under Ind AS 103
- Employee stock option plan (ESOP) valuation under Ind AS 102
Service 03
Due Diligence
What is Due Diligence?
Due diligence is an investigative process that identifies, verifies and confirms the claims of another party. It is also an effective process used to uncover risks and highlight important issues, providing valuable insight before signing a new contract, forming a partnership or making an investment.
Benefits from Due Diligence
Our Diligence Process
Strategy & Transaction Goal
Understand the strategic aims of the transaction and the critical success factors for the acquirer or investor.
Planning & Understanding
Understand the seller's business, its operations, and the various factors impacting it. Plan focus areas during due diligence.
Quality of Earnings (QoE)
A company gets valued at a multiple of historical earnings. Validating QoE ensures that profitability is not vitiated.
Quality of Assets (QoA)
Review complete QoA items and identify adjustments related to debt, surplus assets, working capital, and other important factors.
Identification of Key Deal Issues
Special emphasis on validating the critical factors driving the transaction and the value from all aspects.
Detailed Report & Data Pack
Detailed analysis of seller's business: revenue streams, customer concentration, key costs, margins, and asset recoverability.
Service 04
Data Room Assistance
Consulting Services
Common Questions
Will a buyer conducting diligence on my company get all the desired information from my team?
Should I focus on maximising business value, or focus on managing the due diligence team?
Will the diligence team find risks that can significantly decrease the deal value?
Is it better to hire professionals for a complicated transaction process?
Come and talk to us — our consultants are committed to helping you get maximum value from every deal.
Our Approach
Understanding of Business
We understand your existing business operations and processes for better presentation during the diligence process.
Perform Soft Diligence
Our experienced team performs soft due diligence on your company to identify potential key issues early in the deal process.
One Point Coordinator
Our team coordinates with the external due diligence team and manages the entire process without impacting management's daily routine.
Data Room Management
Our experienced team arranges and prepares all required information for due diligence, stored on a secured server.
Service 05
Transaction Research
&Support Service
Investment Banking
Lead Initiation & Screening
Identifying and evaluating potential leads in any geography, based on client criteria. End-to-end assistance in contacting, screening and converting leads.
Transaction Documentation
Preparation of transaction documents: Investment Teaser / Pitch Book, Investor Presentation, Information Memorandum (IM).
Financial Models & Valuation
Dynamic and comprehensive financial models incorporating complex business situations, possible risks, and alternate scenarios.
Company Profiles & Background
Creating and maintaining detailed profiles of companies (public and private) from different sectors and regions.
Sector / Market Research
In-depth secondary research on sectors, market landscapes, growth expectations, drivers, competition, and market share analysis.
Trading & Transaction Comparables
Identifying relevant trading comparables and precedent M&A transactions for a specific industry or company.
Equity Research
Idea Generation
Screening markets, evaluating/comparing companies, and analysing global trends to generate actionable investment ideas.
Coverage Initiation
Assisting the sell-side to initiate coverage on listed stocks across sectors and geographies.
Coverage Maintenance
Maintaining coverage on the coverage universe or stock portfolio for both sell-side and buy-side clients.
Stock / Investment Screeners
Building extensive stock screeners based on fundamental financial and operating metrics for any mandate.
Broker Research Summaries
Synthesising broker reports on companies for the buy-side — initiations, industry reports, and management meet notes.
Financial Modelling
Building simple to highly complex financial models to determine the intrinsic value of public equities.
Service 06
Strategic Advisory
&Business Planning
Equevo's strategic consulting assignments typically involve the business and financial issues most critical to long-term competitiveness — including Portfolio Optimisation, Corporate Restructuring, efficiency enhancement programs, structuring strategic alliances, and integration of acquired or merged businesses.
Strategic Advisory
- Strategic planning / business plans
- Industry and competitive analysis
- Profitability and expense analysis
- Cash flow needs and liquidity options
- Specific business value drivers
- Risk vs. return analysis
- Capital budgeting and cost of capital analysis
Management Consulting
A clear, research-driven road map to improve the financial and operating performance of your business:
- Analysing shareholder value strategies
- Evaluating liquidity alternatives and cost-of-capital options
- Scrutinising or developing business plans to assess opportunities
Restructuring / Turnarounds
When a company is in crisis, Equevo has emerged as a go-to resource. We assist in overseeing all transactional phases:
- Sales, accounts receivable and collections
- Purchases, accounts payable and cash disbursements
- Personnel and payroll oversight
- Reporting of cash transactions compared to budgets
Service 07
Debt Syndication
We advise clients on optimal capital structures and appropriately showcase the potential of a business to service its debt. We also devise effective restructuring and turnaround strategies for companies in financial distress, utilising the expertise of our country-wide partner network.
Corporate Finance
Arranging fresh debt for incremental capex as well as enhancements in working capital requirements.
Project Finance
Syndicating project debt: Greenfield/Brownfield (vanilla/structured) to optimise Return on Equity (RoE).
External Finance
Arranging foreign currency loans in the form of External Commercial Borrowings (ECBs) from international lenders.
Debt Refinance
Refinancing corporate or project debt at more attractive terms to reduce financial burden.
Securitisation & Discounting
Creating liquidity and improving RoE on projects where commercial operations have commenced.
Acquisition Finance
Arranging high yield debt from NBFCs and specialist institutions to support acquisition mandates.
Special Situations Finance
Corporate Debt Restructuring (CDR), distress financing, and bespoke solutions for complex situations.
Service 08
Tax Advisory &
Litigation Support
Direct Tax Advisory
FEMA and International Tax
Indirect Tax Advisory
Our Dedicated Team
Our dedicated team of experts working under the guidance of senior partners have a rich experience in Income Tax, GST, FEMA, and Foreign Trade Policy. We will be on our toes to handle all your queries — from advisory through litigation representation before taxation authorities.
The People
Our Experts
A qualified senior team of Chartered Accountants committed to delivering exceptional outcomes on every mandate.
Amit Dodani
Chartered Accountant
Pratik Sandbhor
Chartered Accountant
Reach Us