Understand the Risk.
Build the Structure.

Does the underlying commercial proposition make sense? We consider the economics of the opportunity, its dependencies, counterparties, assumptions and potential vulnerabilities.

How is the transaction funded? What happens if costs, revenues, timing, interest rates, currencies or capital requirements change? Financial modelling and scenario analysis can help expose sensitivities before capital is committed.

Who needs to do what for the transaction to work? Operational dependencies can become execution risks when responsibilities, processes or infrastructure are unclear.

Commercial arrangements ultimately need to be reflected in appropriate documentation. Ventara considers the commercial implications of contractual relationships while appropriately qualified legal advisers remain responsible for legal advice and documentation.

Cross-border transactions can introduce regulatory, legal, tax, currency and political considerations. Ventara works with appropriate specialists to understand how jurisdictional factors may affect the transaction and its implementation.

A structure is only as effective as the parties expected to perform within it. Understanding counterparties, their role, capability and dependencies is therefore an important part of transaction development and due diligence.

A commercially attractive transaction can still fail if it cannot be implemented. Ventara therefore asks throughout the process: Can this structure actually be executed?

That means considering capital, institutions, counterparties, documentation, technology, infrastructure, timing and operational dependencies together.