We rank #1 for the total number of fairness opinions in the U.S., EMEA (Europe, the Middle East and Africa), Australia and Globally in 2023 according to LSEG's Global Mergers & Acquisitions Review – Full Year 2023 report. Since 2005, we have provided more than 1,378 fairness opinions, reflecting nearly $1.1 trillion in deal value.
Boards of directors must, at times, make decisions that are subject to intense external scrutiny. Selling all or part of the company, making a significant acquisition, raising capital or buying out a large shareholder can all lead to questions on the effect of such deals on existing shareholders. Outside scrutiny is elevated when the deal lacks a market-clearing mechanism or an affiliate is on the other side. An independent fairness analysis and opinion helps boards of directors assess these situations by providing a third-party view of the value of the consideration involved, and ultimately the fairness to existing shareholders.
Private equity sponsors increasingly find themselves on both sides of a deal involving one or more investment funds under their management. Not only in advisor-led secondary transactions, but also in capital infusions and other transactions between funds. In these unavoidable conflicts, an independent view of the pricing on the deal can provide comfort to Limited Partners and Limited Partner Advisory Committees that the sponsor has treated the funds fairly.
Duff & Phelps Opinions practice is a globally recognized leader in solvency opinions. Since 2005, we have rendered more than 2,585 fairness and solvency opinions for transactions with an aggregate deal value of over $8 trillion.
Advisory on capital structure, interest rate, and the other economic terms of debt securities.
Kroll, the leading independent provider of global risk and financial advisory solutions, today announced that it ranked No. 1 for the total number of fairness opinions in the U.S., EMEA (Europe, Middle East, and Africa), Australia and globally in 2023, as reported by LSEG (formerly known as Refinitiv).
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Our Industrial Technology & Engineered Products Industry report aims to identify trends and provide insights across the sector, focusing on key themes, issues and opportunities. To view additional valuation data and public company trading statistics, download our Industrial Technology & Engineered Products Industry Insights - Q1 2024 Valuation Data.
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