Our Case Studies and Team

Commercial Thinking. Financial Discipline.

Meridian Summit is a Singapore-based advisory firm supporting business owners, entrepreneurs and investors with business transactions and financial decision-making.

Our approach combines financial rigour, commercial judgement and practical execution. We aim to help clients understand their options, evaluate opportunities and navigate important business decisions with greater clarity.

Our team comprise of chartered accountants working previously in the Big 4s on IPOs and consulting, and ex-business owners of manufacturing, service, F&B and IT companies. We combine our financial expertise with a practical understanding of business operations to help clients assess opportunities, understand risks and make better-informed decisions.

Our approach is independent, discreet and tailored to each engagement. We pride our pricing on being transparent, competitive and our services to be value-adding.

Whether you are exploring an exit, evaluating a potential acquisition or strengthening your financial management, we welcome a confidential initial discussion.

OUR CASE STUDIES

Our experience spans business acquisitions and exits, financial controls, transaction due diligence and cross-border business setup. The following anonymised case studies illustrate how we help clients navigate complex business decisions and achieve practical outcomes.

Case Study 1: Acquisition of an Established Halal Food Manufacturer

Services: Acquisition Advisory | Financial Due Diligence | Transaction Risk Assessment

The Challenge

A buyer was evaluating the acquisition of an established halal food manufacturing business with approximately 30 years of operating history. The business was loss-making, and the transaction involved operational continuity, foreign workforce arrangements and the transfer of financial and accounting responsibilities.

Our Approach

Assisted with financial due diligence and assessment of key transaction risks.
Highlighted operational transition requirements, particularly in relation to foreign workforce hiring arrangements and continuity of business operations.
Identified key considerations relating to the handover of financial records, accounting processes and responsibilities.
Supported acquisition discussions by assessing the implications of the business's financial position and transition requirements.

Outcome

The parties agreed on a nominal consideration for the business, reflecting its loss-making position and the risks and requirements associated with the transition. The assessment helped inform the transaction structure and the buyer's approach to taking over the business.

Case Study 2: Exit Strategy for an Events and Food Catering Business

Services: Business Sale Advisory | Buyer Identification | Transaction Structuring

The Challenge

An owner of a local events and food catering business was exploring exit options to cash out for better work-life balance. Potential value extended beyond its operating earnings to include its established customer database, industry relationships and experienced and disciplined workforce.

Our Approach

Explored potential strategic buyers, including visiting and speaking with competitors that could benefit from acquiring the customer base and key personnel.
Assessed different buyer profiles and potential acquisition rationales and making introductions.
Identified a prospective buyer from the banking industry who was interested in acquiring the business as a complementary venture.
Supported the development of a commercial arrangement that considered both the upfront business value and ongoing income potential.

Outcome

Identified a prospective buyer willing to value the business at approximately five times earnings, together with a fixed, ongoing monthly retainer arrangement. This provided a potential exit structure that combined an earnings-based valuation with continuing contractual income.

Case Study 3: Internal Audit and Financial Recovery at a Brazilian Subsidiary

Services: Internal Audit | Financial Controls Review | Related-Party Transactions | Cost Recovery

The Challenge

A Brazilian subsidiary of a local company required a review of its payment controls, management reimbursements and related-party transactions. Weaknesses in financial oversight and communication between departments had also resulted in costs being incurred on behalf of customers without corresponding recharges.

Our Approach

Conducted an internal audit on-site focusing on payment authorisation, management reimbursements and related-party transactions.
Identified unauthorised reimbursements to senior management and other deficiencies in financial controls.
Traced costs paid on behalf of customers that had not been billed, highlighting gaps in interdepartmental communication and cost-recovery processes.
Supported follow-up actions to address the identified issues and facilitate financial recovery and customer recharges.

Outcome

Flagged out approximately S$7 million in unauthorised payments and identified approximately S$1 million in recurring costs that could be recharged to customers.This was eventually recovered by the Group. The work highlighted the financial impact of control weaknesses and opportunities to strengthen payment governance, accountability and cost-recovery processes.

Case Study 4: Cost-Efficient Singapore Presence for an Overseas Group

Services: Singapore Market Entry Support | Corporate Setup Coordination | Finance and Compliance Support

The Challenge

An overseas listed group wanted to establish a Singapore presence to support its fundraising activities. It required an appropriate operating structure, but wanted to avoid substantial upfront establishment costs and retain flexibility should its regional strategy change.

Our Approach

Evaluated a flexible office arrangement using coworking facilities rather than committing to a conventional office lease.
Assisted with establishing a Singapore corporate presence and coordinating the associated setup requirements.
Supported arrangements relating to recruitment, employment passes and local operational requirements, including finance, human resources and compliance.
Designed an approach intended to minimise fixed commitments while allowing the business to scale its local presence according to its needs.

Outcome

Helped establish a flexible Singapore operating presence, with annual operating costs of less than S$100,000, while accommodating the group's occasional visits and the local administrative requirements. The approach reduced the need for a costly traditional office setup and preserved flexibility for the group's future regional plans.

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