Served as financial advisor to tier-one automotive supplier
Served as financial advisor to tier-one automotive supplier
Stout served as a financial advisor to a minority-owned tier-one automotive supplier specializing in the manufacturing and assembly of instrument panels and consoles. Stout was engaged to advise the board of managers and provide a solvency opinion in connection with the resolution of certain intercompany loans and the concurrent redemption of certain membership interests.
Stout’s analysis primarily relied on the projected cash flows of the company and included the analysis of trading multiples and recent mergers and acquisitions of similar companies. Stout determined the ability of the company to fund its continuing operations and to meet debt service obligations of the post-transaction capital structure. Stout delivered an opinion to the board of the company, providing information to enable the board to recommend proceeding with the transaction.