Portfolio Company Sales Support
A $42 billion private equity fund manager engaged SteelBridge to provide support for the sale of one of its portfolio companies. SteelBridge was engaged to monitor and facilitate execution of operational synergies and the achievement of fiscal milestones by management- synergy success was heavily weighted into the company’s valuation. SteelBridge was also responsible for working alongside the fund manager’s professionals and investment bankers to collect information for due diligence requests. Over a half dozen leading, global private equity bidders executed due diligence in advance of the company’s auction.