Fairness and Solvency Opinions

In today’s business environment, major transactions face intense scrutiny from lenders, shareholders, and regulators. Corporate mergers, acquisitions, sales, financing, and refinancing often require an independent expert opinion for the deal to move forward. PCE delivers the objective analysis you need to protect all parties involved and to ensure fiduciaries can act with confidence.

What Is a Fairness or Solvency Opinion?

A fairness or solvency opinion provides an independent, expert assessment of whether a transaction is:

• Financially fair to shareholders, and

• Leaves the company solvent, adequately capitalized, and able to meet obligations

Boards, trustees, and Special Committees rely on these opinions to demonstrate due care, fulfill fiduciary responsibilities, and reduce litigation risk.

PCE’s process is thorough, exact, and designed to withstand scrutiny in any boardroom or courtroom. Our team begins with a comprehensive evaluation of the business and the transaction. We analyze the value being created, assess the anticipated methods of consideration, and review potential alternatives to ensure objectivity.

Our work includes:

• Comprehensive financial evaluation

• Independent valuation and financial modeling

• Assessment of consideration, alternatives, and transaction structure

• Scenario analysis and outcome modeling

• Clear, well-supported conclusions presented to fiduciaries

• Defensible written opinions that mitigate risk and protect all stakeholders

The result: a rigorous, objective fairness or solvency opinion that enables fiduciaries to make sound, defensible business judgments with confidence.