The Information Memorandum is a part of Sell-side M&A Process.

At the beginning of any sell-side M&A process, you’ll gather information on your client, including its products and services, financials, and market.

 

The structure of a IM varies by firm and group, but it usually contains these sections:

1) Overview and Key Investment Highlights

2) Products and Services

3) Market

4) Sales & Marketing

5) Management Team

6) Financial Results and Projections

7) Risk Factors (Sometimes omitted)

8) Appendices

Debt-related IMs will include the proposed terms – interest rates, interest rate floors, maturity, covenants, etc. – and details on how the company plans to use the funding.

Cacelli & Partners draw up it for you.