Covington Associates is a specialty investment banking firm offering a range of services customized to meet the needs of each individual client. Services include merger and acquisition advisory, capital raising, strategic advisory services, fairness opinions and valuations, and capital restructurings.
Merger and Acquisition Advisory
Covington Associates offers unbiased advice regarding sales, divestitures, mergers, or acquisitions. Specializing in middle market transactions, Covington Associates has represented private companies, public companies, private equity firms, multinational corporations, and family held businesses in a wide range of industries both as buy-side and sell-side advisor. We provide clients with senior-level attention throughout all phases of the transaction process from the preparation of marketing materials and the contacting of potential strategic and financial partners to the negotiation of letters of intent straight through closing.
Covington Associates can assist your company in raising the capital it needs to finance working capital, drive organic growth, provide liquidity to shareholders, or fund an acquisition strategy. With extensive experience in the capital markets, the principals of Covington Associates have knowledge of and access to the investor universe appropriate for your situation and needs, whether it be senior debt, subordinated debt, private equity, or venture capital.
Furthermore, as experienced M&A advisors, we can execute the capital raising requirement while offering buy-side M&A advisory services to provide our clients with "one-stop" transaction support.
Strategic Advisory Services
Covington Associates provides strategic advisory services to companies, boards of directors, and shareholders seeking to understand their various alternatives for maximizing shareholder value and liquidity. As independent financial advisors, Covington Associates provides an objective assessment of the viable strategic alternatives available to a client that will help them to meet their objectives. These alternatives may include a recapitalization, acquisition, divestiture, sale, or maintaining the status quo. Through a strategic review process, Covington Associates can identify the value drivers of a business to help its stakeholders prepare the company for a value maximizing transaction, regardless of when the decision is made to pursue it.
Fairness Opinions and Valuations
Covington Associates can provide fairness opinions for transactions involving public and private companies in connection with acquisitions, divestitures, or sales to third parties. We also provide valuation analyses to clients and potential clients who are considering a possible acquisition, sale, or divestiture.
We combine our extensive transaction experience with both traditional and innovative valuation methodologies and financial models to present a realistic perspective on valuation not just the theoretical value of the business, but a value that has relevance in today's markets.
Covington Associates provides a full range of services for companies requiring strategic or financial reorganizations. Our experience includes working with companies that have extremely complex capital structures. We provide a complete spectrum of restructuring services to a variety of constituencies including boards of directors, shareholders, or secured and/or unsecured creditors. These services include recapitalizations, reorganization plan development, negotiations with senior and subordinated creditors, equity and debt financings, out of court restructurings, bankruptcies and if necessary, a sale of all or part of the company.