Alpha Hedge Services · Independent advisory & applied research
M&A, Private Equity & Transaction Risk Advisory
Independent financial and strategic advisory combining transaction valuation, acquisition financing, quantitative risk analysis and corporate governance.
Proposed services, scoped for each engagement. No past M&A mandate is claimed here. This specialisation complements our Quant, Trading, Risk and Front Office–Risk–Finance capabilities.
Four decision contexts
Private equity funds & investors
Entry price, financing, returns and exit: investment model and stress tests.
Banks & financial institutions
Debt service, liquidity and economic protection: schedules, covenant headroom and downside scenarios.
CFOs & executive management
Acquisition decisions, capital allocation and monitoring: value bridge and executive dashboard.
Transaction teams & professional advisers
Financial assumptions, adjustments and disputes: traceable analysis coordinated with authorised professionals.
Six areas of advisory
01 · M&A Valuation & Transaction Analytics
What price remains supportable when assumptions change?
DCF, multiples, EV/Equity bridge, price adjustments, synergies and pre-acquisition financial scenarios.
Method
Reconcile sources; specify growth, rates, cash/debt and working capital; test sensitivities.
Illustrative deliverables
Valuation memorandum, bridge and critical-assumption matrix.
02 · Private Equity & LBO Advisory
Can the acquisition structure withstand a downside scenario?
Capital structure, senior and subordinated debt, IRR/MOIC, liquidity, refinancing and exits.
Method
Connect sources/uses, annual projections, debt service and exit value; document trade-offs.
Illustrative deliverables
LBO model, stress tests and investment decision pack.
RECHERCHE APPLIQUÉE · EXPLORATION 4D
M&A bid · price, financing and synergies
How do the bid multiple, leverage and progressive synergy realization affect buyer returns?
Equation, assumptions and limits
Holding year and synergy realization rate
EBITDAₜ = 100 × 1.04ᵗ + 8 × realizationₜ; debtₜ = max(0, initial debt − 10t); exit multiple = 0.92 × bid multiple; IRR = (exit equity / initial equity)^(1/t) − 1. Illustrative realization milestones are 20%, 40%, 60%, 80% and 100% in years 1–5.
Synthetic deterministic assumptions: initial EBITDA 100, 4% annual base growth, synergy potential of 8 units, annual debt repayment of 10 units and 8% exit-multiple compression. Taxes, fees, detailed interest, covenants, additional financing and distribution waterfall are omitted. This scenario is neither a valuation nor a recommendation.
Read selected calculated values
03 · Acquisition Finance & Credit Risk
How much debt can be serviced, with what headroom?
Debt capacity, leverage, ICR/DSCR, covenants, liquidity and restructuring scenarios.
Method
Model CFADS and debt schedules; separate a simulated threshold breach, cash shortfall and legal default.
Illustrative deliverables
Debt schedule, covenant headroom table and funding scenarios; no intermediation included.
04 · Transaction Risk & Financial Due Diligence Support
Which risks change value and liquidity needs?
Earnings analysis, cash conversion, financial commitments, liquidity risks and pre-acquisition sensitivities.
Method
Reconcile available data and assumptions; analyse differences; prioritise missing information.
Illustrative deliverables
Risk register and financial questions for deal teams. Analytical support, without statutory audit or certification.
RECHERCHE APPLIQUÉE · EXPLORATION 4D
Target selection · strategic fit, attractiveness and risk
How do strategic fit and financial attractiveness inform execution risk as confidence in the information changes?
Equation, assumptions and limits
Confidence in information collected
Illustrative score = 42% × (100 − strategic fit) + 38% × (100 − financial attractiveness) + 20% × (100 − confidence). A higher score flags more issues to investigate; it is not a probability of failure.
Teaching weights chosen for this exercise. No real target is scored; results do not replace financial, legal, tax, commercial or operational due diligence, or an investment decision.
Read selected calculated values
05 · Corporate Governance & Value Creation
How should a portfolio company be monitored and prepared for exit?
Capital allocation, performance, financial risks, operating transformation and financial exit preparation.
Method
Clarify decisions, responsibilities for review, metrics and review cadence; connect KPIs to cash flows.
Illustrative deliverables
Executive dashboard, governance map and value-monitoring plan.
06 · Transaction Disputes & Financial Analysis
How can an economic disagreement be explained and quantified?
Price adjustments, earn-outs and post-acquisition economic damage scenarios.
Method
Reconcile conventions, data and counterfactuals; separate financial calculation, causation and legal classification.
Illustrative deliverables
Technical financial analysis and quantified scenarios; no claim to court-appointed expert status.
Traceable analysis, explicit decisions
Diagnose → options → decision → execution → measurement. Each engagement specifies data, assumptions, limits, deliverables and responsibilities. Simulations are educational, without a promise of returns.
Prospective doctoral topic: contractual allocation of financial risks in international PE and LBO transactions, comparing French, English and US law. Université Paris-Panthéon-Assas is a prospective target; no enrolment, university validation or awarded doctorate is claimed.
Discuss a Transaction
Describe the context, decision and timing, without confidential documents. The link opens your mail client: no automatic sending or collection on this site.
Discuss a TransactionProfessional scope
The services described concern financial analysis, economic modelling and strategic advisory. They are not an offer of statutory audit, certification, individual legal advice, legal drafting for third parties or court representation. AHS is not presented as a law firm, statutory auditor or court-appointed expert.
Investment advice, placement or financing intermediation requires separate classification of the actual service and verification of applicable conditions and status. No authorisation or registration is claimed. These activities are not included in this offering.