
ARTHOS advises Welotec on its sale to Ependion
Accessing global sales channels to accelerate Welotec’s growth strategy in the Edge Computing
And why is an understanding of strategy and tactics decisive? We increase your purchase price on the basis of a professional company valuation: we quantify synergy potential, sharpen your equity story for each prospective buyer, and create structured competitive tension.
A professional company valuation forms the foundation for purchase price optimisation. Well-prepared, strategically managed M&A processes can achieve a purchase price of more than 20% above initial valuation levels, supported by clear synergy arguments, an appropriately targeted buyer universe, and genuine competitive tension.
ARTHOS prepares professional company valuations based on the company’s business plan and relevant market and valuation benchmarks. The purchase price premium, however, is buyer-specific and driven by buyer motivation, synergies and competitive tension in the process. We understand the synergy potential and internal decision-making processes of many buyers. Through parallelised process streams, we create the momentum needed for a successful closing at the best possible purchase price.

Key factors in achieving a strategic purchase price premium:
For a robust company valuation, we combine established valuation methodologies with the professional preparation and presentation of your financial figures. Our work includes, in particular:
This provides a clear, market-supported view of your company’s stand-alone value and earnings power, forming the foundation for a compelling purchase price rationale in discussions with prospective buyers.

A confidential initial conversation provides a first assessment of your situation and possible strategic options.
We adjust earnings for non-recurring, one-off, or non-operational effects, in order to present a robust, sustainable earnings quality as the basis for valuation multiples (for example, EBITDA multiples).
ARTHOS draws on extensive M&A experience and sector expertise to derive these adjustments in an investor-ready, purchase-price-supportive manner, and to defend them robustly throughout the process.
Discuss the value potential
We examine the consistency and traceability of the financial planning underpinning the equity story, thereby strengthening your negotiating position during the valuation process.
Drawing on its buy-side experience, ARTHOS understands precisely which planning assumptions investors and financing partners are likely to challenge, and prepares the financial planning accordingly, so that it holds up under transaction scrutiny.
Discuss your financial planning
We analyse the operationally required working capital, identify funds that can be released, and derive the liquidity effects relevant to the purchase price (for example, via net working capital/net debt).
ARTHOS helps ensure that working capital effects are not only quantified accurately but also positioned in a way that holds up in negotiation from an investor’s perspective.
Discuss the value potential
The valuation range is derived from established methodologies: trading multiples, transaction multiples, and DCF, each with a transparent derivation of the underlying figures, assumptions and arguments.
Through its combination of sell-side and buy-side experience alongside extensive industry expertise, ARTHOS can assess which valuation levels are market-standard, which arguments hold up during the process, and how investors are likely to weigh them.
Discuss the value potential