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.
Fairness Opinions
Our Opinions Practice is a global leader in Fairness Opinions and Special Committee Advisory, ranking #1 for total number of fairness opinions Globally, in EMEA and the U.S. for 2024 according to LSEG (FKA Refinitiv).
Transaction Opinions
Our Transaction Opinions solutions span fairness opinions, solvency opinions, ESOP/ERISA advisory, board and special committee advisory, and complex valuations.
Business Valuation Services
Kroll is the largest independent provider of business valuation services.
Kroll is headquartered in New York with offices around the world.
One World Trade Center
285 Fulton Street, 31st Floor
New York NY 10007
Sign up to receive periodic news, reports, and invitations from Kroll.
Our privacy policy describes how your data will be processed.
© 2025 Kroll, LLC. All rights reserved.
Kroll is not affiliated with Kroll Bond Rating Agency,
Kroll OnTrack Inc. or their affiliated businesses. Read more.