Boards and CEOs are expected to maximize shareholder value at a time when they face ever increasing scrutiny. When leaders are unclear on the levers and means of shareholder value creation, we can help.

Filtering publicly available information through the lens of an activist investor, A&M provides an “outside-in” perspective of a company’s performance. Leveraging capital markets and corporate leadership expertise, we articulate the business case for specific areas of improvement to drive shareholder value.

Clients call us when:

• Performance has faltered and the management or board needs a fresh set of eyes to identify potential improvement and value creation initiatives.
• Senior management or Board of Directors needs an independent review and aggressive, but practical plan for profitability improvement, cash generation and change.
• Board members and senior management disagree as to the level and urgency of change needed, and they need a respected, independent advisor to help lay out a course of action to achieve results.
• Boards and management teams want to determine exposure and vulnerability to an activist campaign.

Our services include:

• Financial Statement Review: Conduct a deep dive into publicly available financial statements.
• Operational Performance Review: Identify operational performance gaps versus the industry and competitors.
• Strategic Assessment of Current Business: Vet business case for specific initiatives to increase shareholder value.
• Governance: Conduct a review of corporate governance and board composition.
• Strategic Diligence: Conduct an “outside-in,” independent review of capital allocation and return parameters.
• Asset and Balance Sheet Diligence: Review working capital performance, monetizable assets / business units and capital constraints (e.g., financing and covenant structures).
• Valuation and Competitor Analysis: Assess value, trading multiples and other key performance measures and capital markets trends.