Shareholders are familiar with the concept of dilution from equity offerings. Most investors-including MLPs-prefer to finance acquisitions with debt, assuming that leverage remains within prudent levels. When financing with debt, MLPs and IDRs create unique complications for conflicts committees, as highlighted in the attached. Our recent article also examines the implications of the current M&A market and commodity price environment with respect to these structures.
Corporate Finance and Restructuring
M&A advisory, restructuring and insolvency, debt advisory, strategic alternatives, transaction diligence and independent financial opinions.
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#1 ranked provider of fairness opinions for boards of directors and special committees.
Fairness and Solvency Opinions
Duff & Phelps Opinions is a global leader in Fairness Opinions and Special Committee Advisory, ranking #1 for total number of U.S. and global fairness opinions over the past 10 years, according to Refinitiv cumulative data from 2013-2022.
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Kroll is the largest independent provider of business valuation services.