Keeping Your Options Open: Multi-Tracking Your Way to a Capital Infusion
While many private companies value the prestige and liquid currency of a public listing, the private capital markets may be a highly effective and less costly vehicle for raising capital. Before settling on the IPO as the best route to growth capital, it is wise to consider alternate strategies.
In recent years, the growing strength of the mergers and acquisitions market in the U.S. has complicated the IPO decision process for many private companies. A dual- or multi-track approach-the simultaneous pursuit of both an IPO and private equity offering, strategic sale or other type of transaction-can significantly increase a company's strategic options and negotiating leverage while reducing the execution risk involved in securing a liquidity exit.
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Join Ernst & Young LLP September 18, 2007, for a live Thought Center Webcast on how to keep your options open when pursuing a capital infusion to fund your company's growth. Our panelists will cover:
- Types of vehicles for raising capital, including their typical benefits, risks, costs and limitations
- How to dual- or multi-track your transaction preparation process to maintain your flexibility
- When and how to decide which is the right financing vehicle to achieve your objective
Speakers will include senior executives who have undertaken the multi-track approach to raising capital, a private equity firm representative and professionals from Ernst & Young's Strategic Growth Markets and Transaction Advisory Services practices.
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