Distressed Healthcare: Survival Tactics and Smart Investing During COVID-19
Gordian Group’s Peter Kaufman participated in McDermott, Will & Emery’s webinar to discuss distressed healthcare and survival tactics and smart investing during COVID-19. COVID-19 continues to wreak havoc on the global economy, and the healthcare industry has been tested and upended like never before.
Covered During this Webinar
What steps are healthcare companies and investors taking to preserve value and evaluate opportunities in the current landscape? This virtual conference included 10+ leading advisors, bankers and investors across the healthcare industry who addressed two primary issues:
- Healthcare company executives and owners: what strategies should you employ right now to help sustain operations and position yourself for long-term success?
- Healthcare investors: what business and legal issues should you consider when evaluating an investment opportunity?
Panel: Art Of The Deal During COVID-19
This panel focused on what do leading investors and advisors see as the short-term and long-term prognosis of buying and selling in the current market? The panelists provided guidance on how to find opportunities and execute deals, including key considerations in evaluating buy-side opportunities and measuring and protecting against downside risk.
During this session, Peter was asked how PE Firms should think about Workouts and Restructuring in today’s healthcare environment in light of COVID-19. He outlines how PE Firms need to establish a baseline and key building blocks in order to slide control from creditors to shareholders. PE firms and portfolio companies need an unconflicted view how to craft the most powerful arguments to lenders to make them do what you want them to. His response can be found at the 53:02 minute mark below.
Learn more about the presenters and their backgrounds here. Special thanks to Fred Levenson, Global Co-Head of Private Equity and Brad Giordano, Partner at McDermott, Will & Emery.