Divestitures.
Texada offers a full range of professional services
for the selling shareholders of a company or business
unit. Texada’s involvement allows clients to
operate from a position of strength and obtain the
best possible transaction. The divestiture process
involves a thorough assessment of value, the preparation
of a comprehensive and confidential descriptive memorandum
on the selling company, the identification of the
best strategic or other buyers, the design of the
transaction structure, negotiation of the key terms
and documentation and oversight of the closing process.
Acquisition
Searches. Texada’s services to companies
interested in growing through acquisition are based
on a staged process, beginning with an understanding
of the client’s objectives. Texada works closely
with the client to develop an acquisition team capable
of working through the issues that make for a successful
acquisition. Texada locates the targets based on agreed
upon criteria, assists in the evaluation of targets,
and in structuring, negotiating and closing the transaction.
Valuations/Fairness
Opinions. Going concern valuations prepared by
Texada are used to determine the fair market value
of assets for a range of purposes: buy/sell agreements,
stock options and warrants, estate and gift taxes,
litigation and ESOPS. The principals of Texada provide
clients with valuation advise that is timely, accurate,
objective and defensible. Fairness opinions are provided
to boards of directors of public companies or their
committees to provide comfort that a certain transaction
is indeed fair to the stockholders of the company.
Private
Placements and Financings. Texada works in the
private financing market with banks, finance companies,
insurance companies, pension funds and others. When
a company’s growth outstrips its line of credit,
Texada can bring in additional lenders. When banks
want more capital in the business and shareholders
want to avoid excessive dilution, Texada arranges
for mezzanine financing, such as subordinated debt
with warrants or convertible preferred stock. Texada
also assists in structuring mangement buyouts, where
current management takes ownership in a company or
business unit and current shareholders obtain liquidity.
Corporate
Development/Financial Advisory. Texada will act
as advisor to management or boards of directors in
connection with financial or business strategy issues.
Assignments normally begin with a business unit strategy
audit. Recommendations are then made regarding the
best approach to maximizing shareholder value, such
as increased investment for market share, divestiture,
re-engineering or liquidation.
