Equity Transactions
Public Offerings (Primary and Secondary)
The public market offers the advantages of an almost unlimited appetite and, subject to pricing, continuous availability as a source of funds. J.P. Turner assists clients in developing their business plans, which increases the potential for achieving our client's goals. J.P. Turner's investment banking professionals then conduct a detailed analysis of the industry in which the organization competes and creates a competitive strategy based on the organization's strengths, weaknesses, potential threats and opportunities. We then determine an appropriate valuation and develop a complimentary security.
The Investment Banking Division underwrites initial and secondary offerings. Our successful execution of an underwriting involves coordinating efforts of corporate finance, syndicate, research and sales organizations. By understanding our clients' long-term goals, we can structure financial packages that address the needs of a company while presenting attractive opportunities for investors.
Private Placements
The private market offers another efficient way for companies to raise capital. J.P. Turner's Investment Banking Division fosters relationships with a spectrum of lenders, including domestic and commercial banks, insurance companies, high-net-worth individuals, finance companies, institutional investors and a number of specialized pools of capital who place a great deal of trust in our ability to identify promising business opportunities. As a result, we can develop an optimal financing structure to compliment management objectives and present market opportunities.
Investment Banking takes responsibility of designing appropriate capital facilities that coincide with each client's goals and economic ability. Our investment banking professionals are involved in every stages of the financing transaction to ensure the proper steps are taken to successfully complete the transaction. Our corporate finance team specifically identifies lenders and/or investors, structures the capital facility, negotiates the terms and conditions of the financing, and coordinates the activities among the issuer, investor, legal counsel and other advisors.
Mergers & Acquisitions
J.P. Turner's Investment Banking Division assists clients in all aspects of mergers, acquisitions and divestitures. We are particularly sensitive to the issues surrounding these business decisions, such as finding the "right" buyer or seller, negotiating the price and honoring commitments made to a company's employees and community. Among other benefits, mergers and divestitures can provide liquidity to a company or its owners and can enable companies to focus talent and resources on the most profitable businesses available.
J.P. Turner's investment banking professionals devise appropriate structural and capital strategies based on the unique strategic goals of each client. In addition, J.P. Turner assists in the confidential identification and evaluation of prospective buyers or sellers, and attends negotiations from the initial contact to closing. Our substantial expertise can also be used in the design and implementation of defense strategies to combat advances by unfriendly buyers. We help prepare our clients to secure financing and capture as much value as possible when involved in merger, acquisition or divestiture activities.
Reverse Mergers
We assist companies with both traditional and creative financings, including sourcing "public shells" from J.P. Turner's network of investment banking relationships; to include the financing of reverse mergers. Reverse merger transactions are an alternative means for a private company to go public. Once a public shell, that being a publicly listed company with little or no assets or liabilities, has been secured, J.P. Turner's investment banking professionals can then assist the company in becoming public in this alternative way. It is called a "shell" because all that exists of the original company is its corporate shell structure. By merging into such an entity, a private company becomes public. This new public entity can then utilize financing options that are not usually available to privately held companies. Given that being a publicly traded company will have reporting, legal and other regulatory requirements, J.P. Turner's experienced investment banking team will initially perform an evaluation/scope analysis to determine if this is a viable option for your organization.
Benefits of a reverse merger, as opposed to an IPO, include:
- You may receive a higher valuation for your company
- The costs are significantly less
- The time required is considerably less
- Typically there is less dilution of ownership control
- While an IPO requires a relatively long and stable earning history, the lack of an extended earning history does not necessarily keep a privately-held company from completing a reverse merger.
Every opportunity to attract new business is valuable and welcome. Please contact our Investment Banking Division at 404-479-8339.
