Deals, done properly.

Halcourt advises owners of private companies on selling, buying, and raising capital, with clear thinking and close attention at every stage.

A long, minimal office corridor with soft light along the ceiling

Most owners go through one transaction in their working life. Our job is to make sure they go into it prepared, informed, and in a position of strength.

Partners on every file

The people you meet at the start are the people at the closing table.

Discretion by default

No one learns the company’s name until you approve it.

Aligned on outcome

The larger part of our fee is earned only when the deal closes.

Transactions we advise on.

Six kinds of work across mergers and acquisitions and capital markets, for privately held middle-market companies.

  1. Company sale

    A full exit to a strategic buyer or private equity firm, run as a competitive process.

  2. Partial sale

    Selling a stake for liquidity while the owner stays in charge and keeps upside.

  3. Acquisition

    Finding, approaching, and buying the right company, including ones not openly for sale.

  4. Management buyout

    Structuring and financing a purchase by the team that already runs the business.

  5. Growth capital

    Minority or majority equity from investors who suit the plan and the owner.

  6. Debt and refinancing

    Senior, unitranche, and mezzanine debt for growth, acquisitions, or a cleaner balance sheet.

How a transaction runs.

Five steps, in the same order every time. Scroll through them to see what happens at each one.

  1. Stacks of paper files and folders on a shelf
    Step 1 of 5

    Diagnosis

    We go through the numbers, the contracts, and the people with the same eye a buyer will bring. Issues found now cost far less than issues found in diligence.

  2. A team meeting around a long boardroom table
    Step 2 of 5

    Positioning

    We decide who the right buyers or investors are and why the company matters to each of them. The story and the financial model are built around that answer.

  3. Three colleagues reviewing documents together at a table
    Step 3 of 5

    Competition

    Selected parties are approached in confidence, meet management, and submit offers. Our job is to keep several of them in the room for as long as possible.

  4. A laptop on a desk beside a window in late afternoon light
    Step 4 of 5

    Diligence

    The chosen party tests every claim. We run the data room, answer questions fast, and stop small issues from turning into price cuts.

  5. A hand signing a document with a pen
    Step 5 of 5

    Signature

    Definitive agreements are negotiated line by line and signed. We stay through funding and the first weeks after, when loose ends appear.

Rows of office windows lit up at night in a dark building

The best price is won before the first offer arrives.

Let’s talk about your company.

Send a short note on the business and the decision you are facing. It stays between you and our team, and a partner will reply.