Lee Feldman and TJ Murphy on Structuring Deals in a Down Market
Mergers & Acquisitions: The Dealmaker's Journal
| July 31, 2009
| Lee S. Feldman and TJ Murphy
Lee Feldman and T.J. Murphy, partners in private equity, wrote “The Complexity of Compromise” for Mergers & Acquisitions: The Dealmaker's Journal. In the article, Mr. Feldman and Mr. Murphy discussed structural techniques that permit M&A deals to close despite the down private equity market. They focused their analysis on using creative equity arrangements and credit enhancements to bridge the valuation gap, and they discussed the relative merits and pitfalls of such approaches.