Entries tagged "Lincolnshire Management"
At The Deal's M&A Outlook 2009 conference, Houlihan Lokey's managing director Hamilton Crawford and Tom Callahan, managing director of Lincolnshire Management Inc., spoke on restructuring distressed assets. In this video Crawford says that banks have to be much more aggressive concerning technical defaults and that sponsors are becoming much more transparent with their lenders. Callahan speaks about the impact of the lack of financing on banks and middle-market deals. See the video after the break....
At The Deal's M&A Outlook 2009 conference on Wednesday, attendees were very clear in saying there was much work to do in this shaky deal environment, such as creating crafty ways to finance....
At The Deal's M&A Outlook 2009 conference on Wednesday, middle-market editor and moderator Nathaniel Baker asked panelists where the buying opportunities were in the distressed field.Hamilton Crawford, a managing director at Houlihan Lokey, quickly gave a jovial reply. "For record, I spend all my time on the healthy side. We actively went out to sponsors and made playbooks about how to handle this highly troubled credit crunch environment. Sponsors have to move faster now, especially with their lenders." One strategy he sees is that they are investing in minority stakes all the way up to 49%, thereby not triggering...
