The problem: What the client needed
When a publicly held corporation – the true leader in the industry – solicited this consolidator of veterinary clinics and animal hospitals for possible acquisition, it looked like a great deal from any perspective. Yet the independent board of directors sought the advice of an independent, credible resource for its business, then generating annual revenues of approximately $80 million.
The solution: What we did
In less than a month, Trinity researched, assessed, and presented the realistic feasibility of alternative exit strategies, including an initial public offering and a leveraged recapitalization. We helped the independent members of the company’s board of directors understand the viability of each alternative so that they could make an informed decision.
The results
After reviewing the ramifications of alternative exit strategies, the board accepted the acquisition solicitation, based on clear knowledge that acquisition was the best alternative for shareholders. Able to act in full confidence, the board fulfilled its fiduciary duties and acted in the best interests of all shareholders.
Read more Success Stories