Transaction Opinions 

Overview

Whether mitigating risk, determining corporate values, or fulling fiduciary responsibility, Pillar works on behalf of boards of directors, trustees, investors, and other corporate leaders to advise and issue opinions on a wide range of transactions. The depth and breadth of our due diligence experience reaches all levels of complexity. Through Pillar's transaction opinions practice, our investment bankers provide clients with Fairness Opinions and Solvency & Capital Adequacy Opinions to meet their transaction needs and fiduciary requirements.

Fairness Opinions 

Pillar provides fairness opinions to private companies in connection with mergers, acquisitions, and other transactions. Companies engage Pillar to complete fairness opinions for situations and events such as:

• Board members seeking an objective fairness opinion (second opinion on large transactions)
• Financing transactions that will dilute current investors
• Sale or merger transactions 
• Opinion required by a bond indenture or other financing document

Solvency & Capital Adequacy Opinions

Solvency opinions are typically from lenders or board of directors as evidence of a company's due diligence prior to a liquidity event. Pillar's solvency and capital adequacy opinions provide an independent third-party analysis of the impact that a proposed transaction will have on a company's current and ongoing financial viability in the cases of:

• Debt refinancing 
• Spin-offs 
• Leveraged buyouts
• Dividend
• Large stock buybacks

Pillar Capital Advisors, LLC is private investment bank with expertise in institutional capital advisory, transactions opinions, dispute resolution advisory, and creditor advisory. Follow the page navigation or contact us to learn more.