为什么香港PE交易看重治理和退出?
香港私募股权交易常涉及区域平台、跨境收入和双语文件。PE买方需要确认目标企业有清晰治理、可持续现金流和未来退出路径。
估值重点
估值应关注EBITDA、现金流、客户集中度、跨境收入、管理层、牌照、税务和退出可比案例。
尽职调查重点
尽调应覆盖财务、税务、公司记录、客户合同、员工、牌照、关联方交易、数据保护和历史纠纷。
交易结构
常见结构包括控股收购、增长资本、老股转让、管理层滚存、Earnout和分阶段交割。
Lyndon如何协助
Lyndon可协助香港企业主、PE基金和顾问准备估值、资料室、投资亮点和交易执行。
About the Author

Daniel Bae
Co-founder & CEO, Lyndon Advisory
Daniel is an investment banker with 15+ years of experience in M&A, having advised on deals worth over US$30 billion. His career spans Citi, Moelis, Nomura, and ANZ across London, Hong Kong, and Sydney. He holds a combined Commerce/Law degree from the University of New South Wales. Daniel founded Lyndon Advisory to solve the pain points in M&A, enabling bankers to focus on what matters most — delivering trusted advice to clients.
About Lyndon Advisory
Lyndon Advisory is an M&A advisory firm built for Asia Pacific. We help business owners sell their companies and investors make strategic acquisitions with senior-led execution, disciplined process management, and AI-supported buyer intelligence.
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