Provided fairness opinion to private equity fund general partner
Provided fairness opinion to private equity fund general partner
A middle-market private equity firm with deep experience in the medical and industrial industries identified one of its portfolio companies as a target for a potential continuation vehicle transaction. The company, a manufacturer of precision wire-based components primarily for the medical device, industrial, and aerospace markets, was a seasoned investment that the private equity firm believed to have continued growth opportunities to pursue under its ownership.
In connection with the transaction, Stout was engaged to provide a fairness opinion to the fund’s general partner. Stout’s team performed independent financial analyses regarding the business and proposed transaction terms and presented its findings to the general partner. The private equity firm completed the transaction with the continuation vehicle, providing the investment additional time under its ownership.