Acquisition targets search

As part of our M&A activities, Damona has been supporting a wide range of international companies in their inorganic development through the search of suitable targets to acquire.

For a French on-site engineering firm, Damona has been shortlisting SMEs with capabilities in non-destructive testing, in order to allow them to grow in this sector. The approach was three-folds:

• Definition of a set of criteria from the client;
• Production of a long list of potential partners;
• Production of a 2-page profile for each potential partner.

Once the shortlist of 6 suitable targets was identified, Damona delivered a comprehensive report. Following this, Damona reached out to the selected companies and organised a meeting between the client and each one of the identified companies.

This kind of project has been done multiple times in France, the UK and Spain.