A Troutman Pepper Impact Series
If anything is certain, it is the headwind most markets will feel in the months ahead. The combined pressures of higher interest rates, labor shortages, and supply chain issues will continue to keep most investors and businesses on their toes. With geopolitical tensions also raising concerns, we can be assured that unpredictability is the next norm, at least for the immediate future.
What's an investor, buyer, or target, to do? In this practical series, we provide expert insights and actionable tips from the trenches of middle-market distressed M&A. Our attorneys are joined by turnaround advisors to help you prepare for what's ahead with perspectives from both the buy and sell sides. The playing field has changed, but game plans that are tried and tested in all market conditions give you the best chances to win.
Game on.
Making your next best move requires a thorough understanding of the basics. In The Fundamentals series, we delve into the essentials that will help buyers, sellers, and investors build an informed approach. If under ordinary circumstances an M&A is "the regular season," think of distressed M&A as "the playoffs."
Players often enter distressed deal-making with a winner-take-all mindset. These competitive situations usually require — in addition to a heightened sense of urgency — an assurance that no detail is overlooked, and nothing is taken for granted. For buyers or investors in a niche market, there are usually no second chances.
Optimal outcomes begin with preparation and foresight. Issues such as bid protections, due diligence pitfalls, and preference actions — these are just a few of the risks and realities of the game. Here, we shed light on these topics and others, while also providing a few practical insights to help you outperform the competition.
We invite you to post your comments and questions on our YouTube channel.
The right preparation pays off at game time. In distressed M&A, crucial red-zone decisions are made confidently when possible or likely scenarios are understood well in advance. For example, sellers who know how to position their companies and assets for value can expect better results. For buyers, sponsors, and investors, an awareness of the nuances of bankruptcy law can make the difference between a post-closing win or loss.
In this On the Field series, we examine how the game is being played in today's markets. We consider the trends, current conditions, and levers affecting mid-sized deals, as well as our predictions for the months ahead. Our attorneys, turnaround advisors, and other experts will also provide insights to help you navigate a variety of legal and business challenges you might expect to see before, during, and after your next deal.
We invite you to post your comments and questions on our YouTube channel.