Financial Advisory

Aran provides clients with an array of financial advisory services designed to optimize their capital structures and respond to market and shareholder information needs.

Financial Strategy Development

Aran assists clients to develop proactive financial strategies that maximize shareholder value. Specific services include:

• Financial modeling;
• Development and implementation of flexible capital structures;
• Ongoing capital structure advisory;
• Guidance to the public equity market;
• Investor presentation preparation; and
• Development of sound exit strategies.

Corporate Valuation

The scope of sell-side assignments varies depending on the goals of each business owner. Mandates can range from resolving family business succession issues through complete divestitures to providing business owners with liquidity and estate diversification through minority or majority equity recapitalizations. Aran's involvement has ranged from full-scale representation, in which the Firm prepares the information memorandum, identifies potential buyers and negotiates the transaction, to special assignments in which the Firm may be retained to negotiate a specific transaction with a previously identified buyer or investor.

Securities Valuation

Aran is experienced in the valuation of debt and equity securities, individual assets and entire enterprises. We have completed numerous valuation assignments for public and private corporations, operating and investment companies, partnerships, and joint ventures. Aran's valuation team capitalizes on their transactional expertise, since it consists of the same professionals who advise on merger and acquisition transactions. The team's background includes finance, management, marketing, accounting, and economics. Aran documents its valuations in comprehensive reports that comply with the relevant valuation laws and conform to the scope of the assignment. We adhere to the highest professional standards and provide full support for our valuation work. When the determination of value is part of a legal, tax, or regulatory proceeding, Aran provides expert witnesses experienced in providing clear, credible testimony.

Fairness Opinions

Transactions involving exchanges, acquisitions, divestitures and reorganizations often require expert opinions, typically rendered by investment bankers, as to the fairness of the terms of the transaction from a financial point of view. Aran's principals have provided fairness opinions to Boards of Directors, special committees, shareholders, trustees, and courts of law. In its due diligence, the Firm reviews the same information required in performing a valuation analysis. In addition, in rendering an opinion, Aran analyzes the valuation and structure of the transaction, the form and timing of consideration, and the financial, legal, accounting and tax implications.

Financial Restructuring

Aran assists corporations, creditors, and equity holders in situations where the financial condition of a company has deteriorated so dramatically that it cannot continue to meet its obligations on a timely basis. Finding a solution acceptable to all parties may require undertaking bankruptcy proceedings or out-of-court settlements. The restructuring team provides the following services, as appropriate, to creditors, debtors and equity holders of financially troubled companies:

• Divesting corporate assets;
• Devising new capital structures to manage cash outflows;
• Renegotiating existing debt;
• Raising additional debt or equity capital;
• Arranging mergers with strategic partners;
• Formulating and negotiating workout plans among creditors, debtors, and equity holders; and
• Valuing businesses and securities, and providing expert testimony.