Stout served as the exclusive financial advisor to a healthcare equipment provider in connection to its dividend. Our client, the leading provider of mission-critical sterilization services to the global medical products industry, is the world's only vertically integrated provider of contract sterilization services, which is a $1 billion outsourced market with consistent growth driven by global medical product volumes and increased outsourcing of sterilization by manufacturers.
Stout was called upon to render a solvency opinion in connection with the dividend. Furthermore Stout was asked to render this opinion on a timely basis due to market conditions, and a quick response was needed for the board’s needs. Stout was able to put together a team of professionals to work on the engagement immediately.
Stout’s responsiveness to our client’s needs garnished praise from the client’s finance team and its private equity sponsor, placing us as a trusted financial advisor to the company.