We understand the specific nuances involved with being an independent sponsor, including but not limited to equity roll-over, earnouts, compensation arrangements and break fees. We also understand all of the fundraising documents and can provide a holistic solution for all of a sponsor’s needs.
Deal-specific fundraising is a considerable force in the current M&A environment. The independent sponsor model provides benefits for both the independent sponsor and investors, making it an attractive option for both sides. Our lawyers have worked with independent sponsors and their capital providers for decades, and have been called on to share their expertise at numerous industry events.
Our practice provides a skill set that goes beyond the simple application of middle-market private equity knowledge. We are keenly attuned to the simultaneous workstreams and constituencies that independent sponsors need to manage and provide practical guidance and solutions to the issues that independent sponsors may encounter as they seek to minimize risks and realize business objectives.
We represent clients through pre-letter of intent planning through to and beyond closing. Our “sponsor” team’s experience includes structuring transactions, developing strategies and understanding “market” transaction terms in the independent sponsor market. In addition, our firm provides comprehensive experience beyond mergers and acquisition services, such as tax, real estate, intellectual property, corporate finance, and litigation. Furthermore, we understand the opportunity that independent sponsors deliver to capital providers, and our lawyers add value by making introductions within our network.