Advisory Services

Laux & Company is a boutique investment-banking firm specializing in providing middle market, privately-held companies with comprehensive financial and strategic advisory services.

Sell-Side Mergers & Acquisitions Advisory

The sale of a business or controlling position to a strategic or financial buyer.

Our Role:

To perform an entity valuation.

To prepare a comprehensive confidential information memorandum for use in the marketplace with potential buyers or investors.

To research and identify the appropriate strategic and/or financial buyers.

To create a competitive environment.

To organize and supervise the marketing process.

To oversee and coordinate the due diligence process.

To negotiate the final terms of the transaction agreement, including price and structure.

To provide post-transaction strategic, financial and operational advice.

Buy-Side Mergers & Acquisitions Advisory

Srategic acquisition designed to increase the Company’s ability to meet management and owners’ performance expectations, such as increased market share, expanded product or manufacturing capabilities and improved earnings.

Our Role:

To work with management to determine appropriate characteristics for a potential acquisition.
To identify and recommend potential acquisitions which meet management’s strategic and financial benchmarks.

To perform a valuation of the target(s) which is then used as the foundation for negotiations.

To organize and conduct critical due diligence meetings designed to uncover the strengths and weaknesses of the target.

To negotiate the final purchase price and terms.

To provide transaction structure and financing advice, so as to properly capitalize the acquired entity.

Private Placements

The raising of equity, mezzanine, subordinated debt, or senior debt capital in the private and institutional marketplace to fund an acquisition, restructure the Company’s balance sheet, to fund internal growth and/or to provide shareholder liquidity.

Our Role:

To analyze the Company’s current capital structure and business plan, and determining the optimal capital structure.

To prepare a confidential financing memorandum used to market the investment to a carefully targeted list of institutional investors.

To contact potential investors to present the compelling reasons to invest in the Company.

To evaluate proposals and recommend the alternative that best meets the Company’s objectives.

To negotiate all terms and covenants with the selected investor, so as to maximize the Company’s financial flexibility.

Distressed Transaction Advisory

To provide distressed companies with the firm’s various financial advisory services to be deployed in workout or turnaround situations.

Our Role:

Laux & Company will complete a turnaround feasibility assessment to determine the best, most realistic methods, actions and financial advisory services necessary to maximize and preserve shareholder value.

The workout or turnaround situations may include:

Mergers & Acquisitions
Refinancing
Recapitalization
363 Sales
Turnaround Feasibility Assessments

Strategic Advisory – Shareholder Value Assessments

An assessment designed to explore and evaluate potential strategies and financial alternatives for maximizing shareholder value.

Our Role:

Laux & Company conducts and presents this study to the Company’s owners and/or management. The study addresses and quantifies the benefits to shareholders of alternative strategies by:

Identifying and prioritizing shareholder interests (liquidity, risk, maintaining Company culture, etc.).
Determining the valuation of the Company based upon extensive discussions with management.
Quantifying different liquidity options in terms of their direct financial impact on shareholders. Options typically evaluated include:
- Sale to a strategic or financial buyer
- Debt or equity recapitalization
- Initial public offering
- Employee Stock Ownership Plan (ESOP)
- Minority equity investment
- Sale of assets
- Status quo

Recommending a course of action which best addresses hareholders personal and financial needs.