
Cover Story
Middle market businesses often overlook MBOs as viable liquidity alternatives. However, for certain industries, businesses, and capital structures, an MBO may represent the best option for maximizing shareholder value, ensuring business continuity, and creating investment opportunities for management.
FEATURED ARTICLES
The current environment remains highly favorable for companies wishing to pursue capital markets activities, regardless of type or purpose. Whether refinance, growth capital, partial liquidity, or full liquidity, such transactions are both possible and in many cases ideal in today’s market.
The courts are showing an increasing propensity to scrutinize the substantive analysis of fairness opinions and the disclosures of that analysis. This article discusses how by staying abreast of guidance provided by the courts in M&A litigation, financial advisors can play a role in helping companies meet this scrutiny in a less expensive and time-intensive manner.
In light of the recession, signs of recovery in the U.S. are becoming increasingly favorable, and the construction industry is generally poised to begin a slow recovery in 2012. Industry bankruptcy filings are down, M&A activity and valuations are up, and public market valuations are increasing.
