Transaction Opinions
Collaborating with our global colleagues and utilizing our deep M&A industry and capital markets transactional knowledge, we provide independent fairness, solvency and other transaction opinions to a diverse range of clients.
-
89%
increase in opinions year-over-year -
234
total transactions in 2020 -
625+
professionals aligned for your sucess
Objective Financial Advice supported by Deep Industry Expertise
As a part of the broader Valuations & Opinions Group, Lincoln’s fairness and solvency opinions practice provides best-in-class financial advice to GP’s, boards of directors, special committees, investors, trustees and other corporate decision makers on a broad range of transactions.
We differentiate our fairness and solvency opinions services by integrating industry sector and capital markets expertise from our M&A and Capital Advisory groups on every engagement.
Areas of Focus
Fairness Opinions
- Cross-Fund/Related Party Transactions
- Capital Raise by Successor Fund
- Capital Raise with Significant Minority Investor
- Mergers of Portfolio Companies
- Debt for Equity Exchanges
- Backstopped Rights Offerings
- GP-Led Secondary Recapitalizations
- Buy- or Sell-Side M&A
- Going-Private Transactions
- Recapitalizations (Minority / Majority)
- Special Situations (i.e. Debt Exchanges)
- Bond Indenture Affiliate Party Covenants
Solvency Opinions
- Dividend Recapitalizations (Leveraged or Unleveraged)
- Stock Buyback / Redemption Transactions
- Spin-Offs / Split-Offs
- Corporate Restructurings and Exchange Transactions
Board Advisory & Other Valuation Opinions
- Commercially Reasonable Debt Opinions
- Reasonably Equivalent Value Opinions
- Board Advisory Valuation Opinions
The Lincoln Difference
Lincoln’s fairness and solvency opinions practice, housed in a global investment bank with highly active M&A and Capital Advisory Groups, brings real world experience and deep industry expertise to every one of its transaction opinion engagements.
Firm-wide collaboration with Global Mergers & Acquisitions Investment Banking Advisory, Capital Advisory, and Valuations & Opinions Groups deliver best-in-class, highly defensible opinions.
|
M&A Advisory |
Valuations & Opinions Group |
Capital Advisory Group |
| M&A industry bankers provide the deal team transactional expertise, extensive industry sector expertise and a comprehensive database of closed deals. | Valuations bankers provide the deal team exceptional technical capabilities in valuing all types of securities across various valuation methodologies. | Capital markets bankers provide the deal team unparalleled market expertise from raising growth equity, arranging debt financing and providing advisory services involving bespoke securities or restructuring transactions to solve capital structure challenges. |
Perspectives & Publications
From Corporate Social Responsibility to PE Impact Funds: Investor Interest in ESG and Sustainability Gains Pace
Institutional investors are increasingly accountable for how they deploy capital. More so than the widespread divestment from fossil fuels over the last decade, some capital allocators today are seeking to… Read More
Private Debt Investor | Loan Note: Defaults Still Loom in Consumer Sector; CIP Preps Renewables Debt Offering
Originally published by Private Debt Investor on September 23, 2021. Richard Olson, Managing Director at Lincoln’s Valuations and Opinions Group discusses with Private Debt investor on consumer sector performance over… Read More
An Overview of the Lincoln Senior Debt Index
The Lincoln Senior Debt Index is a quarterly index that tracks the fair market value of 500+ middle market, direct lending credit investments every quarter across approximately 100 fund clients.… Read More
Q2 2021 Lincoln Senior Debt Index
The two primary risks in this asset class are interest rate risk and credit risk. For the quarter ending June 30, 2021 the Lincoln Senior Debt Index return was 2.0%… Read More
