We are looking forward in 2015 to the prospect of greater turbulence in financial markets, which should auger well for our core business of advising boards of directors facing financial challenges.
By way of example, the recent collapse in oil prices should lead to more market dislocations, something we are prepared to address for companies who appreciate our unique board-level advocacy of old equity constituencies. We believe that our focus on maximizing recoveries for “old equity” provides a clear alternative to our competitors, who are interested in processing deals and letting the value chips fall where they may.
Along these lines, Partners Peter Kaufman and Henry Owsley have just published “Equity Holders Under Siege: Strategies and Tactics for Distressed Businesses”, Beard Books, 2014, and will soon release an update to their prior book, “Distressed Investment Banking: To the Abyss and Back”, Beard Books, 2005.
Gordian Group is also pleased to announce that the M&A Advisor just awarded our firm the Chapter 11 Reorganization of the Year (Over $1 Billion) for the American Airlines / US Airways Merger (as advisor to the TWU), “Distressed M&A Deal of the Year (Between $10 million and $25 million)” and “Energy Deal of the Year” for our representation of Montreal, Maine & Atlantic Railway and Xtreme Power, respectively. Click here to see the press release with the list of winners.
We are proud that we regularly achieve such accolades, and view them as confirmation that our strategy of focusing on Private Equity portfolio companies, entrepreneurs and boards of directors is a winning one.
We welcome hearing from our friends about any of the foregoing topics, or anything else you may find of interest.
And we wish you all a Happy New Year.
The Partners of Gordian Group
950 Third Avenue, 17th Floor
New York, NY 10022
t 212.486.3600 f 212.486.3616