Greater scrutiny of transactions and increased litigation means a higher risk of the deal falling through, or greater post-transaction scrutiny with the benefit of hindsight. That’s why it’s important to hire advisors who will stand by their opinions long after the transaction is finalized.
Fairness opinions are considered a best practice and can help protect board members and other fiduciaries should any transaction go to litigation. Solvency opinions provide support and confidence to key stakeholders that the company has the ability to continue servicing debts and perform ongoing operations, and that the transaction will not result in a fraudulent conveyance. We provide our services to Boards of Directors, Special Committees, Trustees and other fiduciaries.
Marula’s exceptionally experienced team has had responsibility for providing well over 300 fairness and solvency opinions over the past three decades. We provide an independent perspective to our transaction opinions by using proven valuation techniques, sophisticated financial and cash flow modeling, thorough industry analysis, and extensive due diligence. We provide fiduciaries with the assurance that the transaction was diligently investigated and reviewed.
Marula’s senior team has provided Fairness Opinions and Solvency Opinions in virtually every conceivable type of transaction, including:
- Mergers, acquisitions and divestitures, including spin-off transactions
- Going-private and conflict transactions
- Sell-Side M&A
- Buy-Side M&A
- Recapitalizations
- Dividend Recapitalizations
- Down-Round Financings
- Related-Party Transactions
- Reasonably equivalent value tests
- Capital surplus tests
