RSM EquiCo Capital Markets works with business owners, shareholders and senior management to develop and implement recapitalization strategies that meet the client’s specific personal or business objectives.  We carefully assess various options for reorganizing the company’s capital structure in order to generate liquidity, increase shareholder value or gain greater operational flexibility.

A recapitalization is often an attractive alternative to an initial public offering or outright sale, since it enables the company’s owners to diversify their personal wealth while continuing to retain ownership of the business.   Selling a portion of equity or issuing debt capital to fund a dividend payment often enables the owners to benefit from the company’s continued growth -- and in many cases to participate in a subsequent sale or other liquidity event.

Alternatively, a company may need to retool its capital structure to support growth opportunities or refinance expensive debt (that may also feature restrictive covenants) to provide competitive returns to existing shareholders.

When the client’s goal is to generate liquidity, RSM EquiCo Capital Markets analyzes the business and related cash flows, advises on the appropriate capital structure, identifies potential lenders and other financing sources, and then negotiates the best terms. When a recapitalization is needed to support growth opportunities, our in-depth knowledge of the capital markets, combined with our intimate relationships with private equity, mezzanine capital and senior debt sources, ensures that our clients find the right financial partner and receive the best possible pricing and terms.

Practice Leader: Joseph (Jay) Sherwood, Senior Managing Director