There are times when change is visible and you know the time to make decisions is now so they’re not made for you later. Yet your hands are full managing the business you have today. An outside perspective can help you frame and prioritize the issues, determine the right moves, and then execute.
The Paladin team has helped both mature and growing companies anticipate and prepare for the future, whether it involves realigning the balance sheet, exercising proper risk management, or developing strategic alternatives.
The capital markets are continually evolving to meet every kind of need. Over two decades the Paladin team has built and maintained a large and active network of financing sources for equity, debt and every imaginable instrument in between. We can help identify and source the right solution with our deep relationships across a broad range of both traditional and non-traditional investors and lenders, including strategic investors, private equity and venture funds, alternative asset managers and hedge funds, mezzanine funds, pension fund, life insurance companies, and family offices.
Balance Sheet Restructuring
When a company’s performance falls short of its planned growth objectives, it may need to realign its capital structure via an out-of-court refinancing, financial restructuring, or recapitalization. We can help you right-size the balance sheet to properly support the business.
Subordination of existing senior debt to “new money”
Settlement of debt obligations for less than face value
Conversion of some or all debt obligations to equity
Debt payment & balance sheet restructuring through the sale of under-performing divisions / assets
Refinancing
Many circumstances can lead a company to realize that it may have a specific need to reshape a certain component of the balance sheet, or perhaps find a new or additional partner. Let us help you determine the right option, whether it be replacing an existing bank relationship, adding other debt sources, or raising minority equity.
In addition, knowing the lending community as we do, we have the ability — and the credibility — to help prepare and validate financial forecasts from which prospective lenders can derive comfort and confidence.
Services include:
Refinancing with the existing bank
Refinancing with a new bank
Supplementing bank groups with a 2nd lien or term debt
Some business risks require a legal perspective. When you look ahead and sense potential trouble, but you don’t have the right in-house expertise, let us help you assess those risks and come up with a proper response.
Through a focus on high-level issues and regular consultation, our team can help both established and newly formed businesses mitigate most risks in a cost-efficient manner.
Services include:
Manage & advise regarding potential third party disputes
In its governance role, the Board carries ultimate responsibility to its shareholders, and, in certain circumstances, that fiduciary duty extends to creditors. When those situations arise, a third-party perspective can help a Board ensure that it meets its obligations to stakeholders and protect itself when making critical decisions.
We can help you obtain an unbiased, detailed yet comprehensive view of current circumstances that accounts for all of the material operational, financial, and strategic considerations. Armed with this perspective, we can work with you to develop actionable strategic alternatives, and anticipate and prepare for potential challenges from other stakeholders.
Services include:
Serving as an independent director or advisor after a complex period of financial or operational restructuring
Examining the possible sale of a company or operating division, and/or evaluating offers to purchase the company
Determining potential insolvency action strategies including bankruptcy, receivership or other out-of-court resolutions
Establishing board representation for a specific investor constituent
Assisting resolution of intra-board disputes
Serving as an independent director as needed
Performing transaction-related diligence & advise around investment risks
