Practice
Mergers & Acquisitions in Regulated Industries
BiggsB supports acquirers, investors and sellers in regulated industries with regulatory, quality, operational and technology diligence, transaction risk assessment, integration planning and post-close execution.
Speak with an advisorThe client situation
A transaction depends on whether a target's authorizations, quality system and regulated systems will support the investment case. Deal teams need evidenced findings, ranked by consequence, in time to shape terms and integration.
Who this is for
- Corporate acquirers evaluating regulated targets
- Private equity and venture investors in life sciences, healthcare and regulated technology
- Sellers preparing a regulated business for sale
- Integration leaders responsible for regulated operations after close
When clients call us
- A transaction is entering diligence and regulatory risk is unclear
- A seller wants an independent view of readiness before a process
- Deal terms depend on remediation assumptions
- A deal has closed and quality systems, computerized systems and authorizations must be integrated
Scope
- Buy-side and sell-side regulatory and quality diligence
- Operational and technology diligence, including validation status and data integrity
- Transaction risk assessment and remediation assumptions
- Integration planning for regulated operations, quality systems and computerized systems
- Post-close execution: quality system integration, remediation and change control
Deliverables
- Diligence findings with risk ratings and evidence references
- Priority risk summary for decision makers
- Remediation assumptions with effort estimates
- Integration plan for regulated operations and systems
How the work is organized
- Stage 1
Pre-transaction assessment
Agree the regulatory and quality questions that matter to the investment case, review available information and identify early red flags.
Deliverables
- Diligence scope and question list
- Initial red-flag summary
- Stage 2
Diligence
Test records, systems and interviews against the questions: authorizations, inspection history, quality system maturity, data integrity, pipeline assumptions and technology.
Deliverables
- Diligence findings report
- Priority risks and remediation assumptions
- Inputs for deal terms
- Stage 3
Integration and post-close execution
Plan and carry out integration of quality systems, regulated systems and regulatory responsibilities without disrupting supply or commitments.
Deliverables
- Integration plan
- Day-one continuity checklist
- Integration progress reporting
Engagement approach
- Step 1
Scope
Agree the questions that affect value, terms or timelines, and the time available.
- Step 2
Evidence
Review documentation, systems and interviews; state clearly what could not be verified.
- Step 3
Advise
Rank findings by consequence and translate them into remediation assumptions.
- Step 4
Integrate
Carry priorities into an integration plan and support post-close execution.
Service boundaries. BiggsB provides regulatory, quality, operational and technology diligence and integration support. We do not provide investment banking, legal representation, financial audit or valuation services; our work complements legal and financial diligence.
Responsible expertise
Each engagement is led by a senior BiggsB practitioner with experience of the relevant regulatory framework, supported by specialists from the supporting capabilities as the scope requires.
Questions about Mergers & Acquisitions
Do you support buy-side and sell-side work?
Yes. Buy-side work tests a target's regulatory and quality position; sell-side work gives a seller an independent view of readiness before a process.
How do we share confidential transaction information?
Start with a high-level description only. If there is a fit, we agree a non-disclosure agreement and arrange a confidential discussion before any detailed information is shared.
What happens after close?
We can carry diligence priorities into an integration plan and support execution: quality system integration, remediation and change control for regulated systems.
Speak with an advisor about Mergers & Acquisitions
For transaction work, describe the situation at a high level only: the type of target, your role (buyer, seller or investor) and the timeline. Do not include confidential deal information in the form. If there is a fit, we will arrange a confidential discussion and agree a non-disclosure agreement before any detailed information is shared.