provides
advisory services to the management of companies interested in
formulating a buyout. There are many times when an owner (whether public
or private) would be just as interested in selling a business to
management as to an outsider.
Crown is cognizant of the pitfalls and of the
dynamics that can result from these types of situations when dealing
with owners/shareholders and can help to direct transactions away from
untenable outcomes. By engaging Crown, the management group not
only gains professional advice, but Crown provides a buffer that
protects management’s delicate relationship the board of directors and
the owners/shareholders. Crown can help the management group to
anticipate all of the probable responses by the broad of directors and
the owners/shareholders in order to prepare the appropriate course of
action.
Crown engages in discussions with the management
group to bring objectivity, focus and organization to the buyout
process. Crown discusses the management group’s goals and
objectives and alternative approaches to the transaction in order to
gain a clear picture of the buyout strategy and formulate focused
criteria. Crown’s services may include advising the management
group not only on alternative courses of action, but on the presentation
of the plan to the broad and the owners/shareholders, on negotiating the
terms of the transaction and with regard to arranging financing for the
transaction.