{"id":113271,"date":"2020-05-13T15:26:01","date_gmt":"2020-05-13T19:26:01","guid":{"rendered":"https:\/\/livingstonepartners.com\/insights\/what-will-it-take-to-get-investment-committees-to-approve-new-investments\/"},"modified":"2026-10-14T14:24:53","modified_gmt":"2026-10-14T18:24:53","slug":"what-will-it-take-to-get-investment-committees-to-approve-new-investments","status":"publish","type":"insights","link":"https:\/\/livingstonepartners.com\/es\/insights\/what-will-it-take-to-get-investment-committees-to-approve-new-investments\/","title":{"rendered":"\u00bfQu\u00e9 har\u00e1 falta para que los comit\u00e9s de inversi\u00f3n aprueben nuevas operaciones?"},"content":{"rendered":"\n

Las proyecciones financieras son la clave para que se reactive la actividad transaccional. Propietarios y equipos directivos tendr\u00e1n que presentar proyecciones defendibles, que compradores y financiadores puedan respaldar, porque servir\u00e1n para definir y normalizar las expectativas de valoraci\u00f3n y la capacidad de endeudamiento.<\/strong><\/p>\n\n\n\n

Estas proyecciones abarcan, como es l\u00f3gico, un amplio abanico de cuestiones, muchas de ellas abiertas a interpretaci\u00f3n y debate. Adem\u00e1s de la informaci\u00f3n que suelen incluir las proyecciones en las operaciones del middle market, prevemos que compradores y financiadores pedir\u00e1n m\u00e1s detalle sobre estos aspectos:<\/p>\n\n\n\n

    \n
  1. El impacto del cierre actual de la actividad, junto con el calendario y el ritmo de la recuperaci\u00f3n prevista.<\/li>\n\n\n\n
  2. Pruebas de que se han estabilizado los ingresos, los m\u00e1rgenes, la cartera de pedidos u otros indicadores operativos relevantes.<\/li>\n\n\n\n
  3. La din\u00e1mica de cada mercado final y de cada zona geogr\u00e1fica.<\/li>\n\n\n\n
  4. La capacidad de financiar el aumento del circulante cuando las l\u00edneas de cr\u00e9dito revolving ya est\u00e1n dispuestas por completo y los plazos de pago a proveedores, estirados al m\u00e1ximo.<\/li>\n\n\n\n
  5. El impacto en el crecimiento de las medidas y restricciones de distanciamiento social vigentes.<\/li>\n\n\n\n
  6. Los costes adicionales de los protocolos de limpieza y desinfecci\u00f3n que exigen los gobiernos estatales.<\/li>\n\n\n\n
  7. El impacto de posibles nuevos cierres y los planes para gestionarlos.<\/li>\n<\/ol>\n\n\n\n

    A medida que se reactive el flujo de operaciones, prevemos que las proyecciones financieras que se presenten a compradores y financiadores pasar\u00e1n un examen m\u00e1s riguroso. Es probable que los habituales escenarios de crecimiento, base y pesimista (downside) se completen con an\u00e1lisis adicionales que reflejen este nuevo entorno. Aun as\u00ed, creemos que los propietarios y equipos directivos capaces de presentar su negocio de forma cre\u00edble desde esta nueva perspectiva se beneficiar\u00e1n de una demanda acumulada cada vez mayor entre compradores y financiadores.<\/p>\n\n\n\n

    El equipo de Debt Advisory de Livingstone tiene experiencia en tres \u00e1mbitos: posicionar y presentar al mercado compa\u00f1\u00edas con perfiles crediticios singulares o complejos, obtener opciones de financiaci\u00f3n de una amplia variedad de financiadores e inversores y gestionar procesos de financiaci\u00f3n competitivos. Desde 2007 hemos completado 70 operaciones de financiaci\u00f3n para compa\u00f1\u00edas participadas por fondos de Private Equity y para empresas familiares. Gracias a nuestra actividad constante, conocemos los precios, las condiciones y las estructuras m\u00e1s recientes del mercado.<\/p>\n\n\n\n

    <\/p>\n","protected":false},"excerpt":{"rendered":"

    Siete aspectos que compradores y financiadores pedir\u00e1n analizar en las proyecciones financieras antes de dar luz verde a nuevas operaciones tras el cierre de la actividad.<\/p>\n","protected":false},"author":3,"featured_media":113270,"template":"","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2749],"tags":[],"sector":[],"service":[],"class_list":["post-113271","insights","type-insights","status-publish","has-post-thumbnail","hentry","category-thought-leadership"],"acf":[],"yoast_head":"\n\u00bfQu\u00e9 har\u00e1 falta para que los comit\u00e9s de inversi\u00f3n aprueben nuevas operaciones? - Livingstone Partners<\/title>\n<meta name=\"description\" content=\"Qu\u00e9 exigir\u00e1n compradores y financiadores en las proyecciones financieras para que los comit\u00e9s de inversi\u00f3n vuelvan a aprobar nuevas operaciones.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/livingstonepartners.com\/es\/insights\/what-will-it-take-to-get-investment-committees-to-approve-new-investments\/\" \/>\n<meta property=\"og:locale\" content=\"es_ES\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"\u00bfQu\u00e9 har\u00e1 falta para que los comit\u00e9s de inversi\u00f3n aprueben nuevas operaciones?\" \/>\n<meta property=\"og:description\" content=\"Qu\u00e9 exigir\u00e1n compradores y financiadores en las proyecciones financieras para que los comit\u00e9s de inversi\u00f3n vuelvan a aprobar nuevas operaciones.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/livingstonepartners.com\/es\/insights\/what-will-it-take-to-get-investment-committees-to-approve-new-investments\/\" \/>\n<meta property=\"og:site_name\" content=\"Livingstone Partners\" \/>\n<meta property=\"article:modified_time\" content=\"2026-10-14T18:24:53+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/livingstonepartners.com\/wp-content\/uploads\/2026\/05\/iStock-1055381972.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1254\" \/>\n\t<meta property=\"og:image:height\" content=\"836\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Tiempo de lectura\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minuto\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/livingstonepartners.com\\\/es\\\/insights\\\/what-will-it-take-to-get-investment-committees-to-approve-new-investments\\\/\",\"url\":\"https:\\\/\\\/livingstonepartners.com\\\/es\\\/insights\\\/what-will-it-take-to-get-investment-committees-to-approve-new-investments\\\/\",\"name\":\"\u00bfQu\u00e9 har\u00e1 falta para que los comit\u00e9s de inversi\u00f3n aprueben nuevas operaciones? 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