Buy-Side Advisory
Discretion that surfaces opportunity.
Halvern represents strategic acquirers, financial sponsors, and family offices in the acquisition of privately-held businesses. The firm engages with discretion from initial thesis through definitive closing, applying the same patience and senior counsel that defines our sell-side practice.
The most consequential acquisitions are rarely those offered openly to the market. Halvern leverages long-standing relationships with operators, founders, and intermediaries to surface opportunities before they become competitive processes. The firm's diligence and structuring capabilities are matched to the discretion required for off-market work.
In acquisition, the difference between a good outcome and a poor one is rarely the headline price. It is the quality of diligence, the structure of consideration, the alignment of incentives, and the certainty of closing. The firm leads each of these with senior counsel.
What does not vary is the standard. Every engagement receives senior counsel, conducted with patience and discretion, from initial thesis through definitive closing.
Five phases. Conducted in confidence.
Thesis & Mandate
The engagement begins with clear definition of acquisition criteria, sector focus, structural preferences, and acceptable terms. Strategy is set before any market activity, not after.
Sourcing & Discreet Outreach
Halvern surfaces opportunities through long-standing relationships with operators, founders, and intermediaries. Approaches are conducted privately. The firm's clients are introduced only when alignment warrants disclosure.
Diligence
The firm leads commercial, financial, and operational diligence, coordinating with counsel, accountants, and industry specialists. Risks are surfaced early and addressed through structure rather than assumed away.
Structuring & Negotiation
The firm leads negotiation of definitive terms with attention to consideration mix, indemnification, working capital, and post-closing alignment. Deals are won as much in structure as in price.
Definitive Closing
Senior counsel remains personally engaged through signing and closing, including post-closing matters such as transition support, earnout administration, and integration alignment when relevant.
A representative sample of buy-side transactions.
Adam Gorzov, Managing Partner
Mr. Gorzov leads the firm's buy-side advisory practice. He represents strategic acquirers, financial sponsors, and family offices in the disciplined acquisition of privately-held businesses across the trades, healthcare, manufacturing, and professional services sectors.
Engagement begins with a private conversation.
The firm accepts a finite number of engagements each year. Initial consultations are conducted in confidence and without obligation.