PERICULUM serves clients in three primary areas: mergers & acquisitions, restructuring, and capital formation. However, measuring success includes how we interact with you: it goes far beyond the Excel sheets. With over 100 years of deal-making experience, clients can expect world-class customized solutions based on in-depth research and strategy … but the real difference is how we see your business, your long-term relationships, and your legacy in every transaction.

Mergers & ACQUISITIONS

Help you Sell Your Company

Selling companies is the foundation of Periculum’s business. Our focus and experience allow us to provide a superior transaction experience.

When representing sellers, we take a discrete approach, working hard to find the best buyer – weighing valuation and fit, based on the client’s priorities. The world does not need to know your company is for sale. But the right people need to have the right information at the right time. That’s our job. And our long list of satisfied clients can attest that we do it well.

No matter the transaction type, Periculum helps its clients maximize value. Transaction pricing is clearly one of the most important components of value, but other aspects distinguish one offer from the next. We help our clients obtain the best possible price while negotiating transaction terms and structures that enhance stakeholder value and mitigate forward risk.
  • Review strategic alternatives and develop the most effective path to maximize shareholder value
  • Analyze the value of the company and determine the types of buyers who will pay the highest price
  • Identify and screen potential buyers
  • Prepare confidential informational materials about the company
  • Negotiate terms and conditions with interested buyers
  • Assist with documentation and closing of the transaction

Help you Acquire a Company

Periculum leverages its expertise selling companies to support the buy-side efforts of both private and small-cap to mid-cap public companies.

There are issues of structure, valuation, strategy, due diligence, and a myriad of unknown hurdles involved in a transaction. It is not a simple process, and an improperly executed combination can destroy the value of a transaction. Periculum helps assure that the value in a combination is realized through a smooth process and close.
  • Prepare and execute a search process
  • Prepare strategic and economic analysis of proposed transactions
  • Analyze pre- and post-merger valuations
  • Determine the appropriate capital structure
  • Assist with due diligence
  • Arrange or assist with transaction financing
  • Provide ongoing strategic advice

Arrange a Management Buyout

Selling your company to management at a fair price can often be the best alternative for all parties. No one in our market has more experience in enabling management teams to acquire their employer than Periculum.

Periculum has a proven track record in assembling deals that work. We bring all the elements necessary to do the job for management, and we execute each step with precision. We begin with an assessment of company value and the competitive environment in which management wants to gain control. Then we negotiate the offer, arrange senior debt, and bring in additional lenders and investors as needed. Periculum will continue to assist management beyond closing, helping guide the company toward its strategic goals.
  • Determine the feasibility of the buyout transaction
  • Analyze the fair market value
  • Negotiate with shareholders
  • Assist with due diligence
  • Arrange senior debt financing
  • Arrange additional subordinated debt, mezzanine or equity capital
  • Assist with documentation and closing
  • Provide ongoing strategic financial services

CAPITAL formation

SENIOR DEBT

Raising money is never easy, especially when you need it. Today there is a wide variety of terms and structures available from different senior lenders. Periculum’s objective is to both uncover untargeted senior lenders and, through marketing efforts, encourage pricing tension amongst lenders to secure the best possible terms for our clients.

Periculum is constantly in the market for capital, and we know who is looking for business and who is not. We also know that your needs are unique, so we work carefully to craft a debt transaction and a relationship with a lender that fits with your objectives.
  • Determine optimal capital structure to support your business/ acquisition plan
  • Identify and solicit debt financing sources
  • Arrange the placement of senior debt with banks and finance companies
  • Arrange lease facilities with banks and other financial institutions
  • Negotiate with lenders and assist with documentation and closing

SUBORDINATED DEBT

Periculum works up and down the right side of the balance sheet, including, subordinated debt from traditional and the growing non-traditional subordinated debt providers including hedge funds, private equity funds, and mezzanine funds. Periculum’s experience includes basic refinancings, acquisition financings, dividend recapitalizations, turnaround financings, and management buyout financings.

The subordinated debt market changes even more rapidly than the senior lending market. Periculum’s constant presence in this market provides insights no company, accountant, or lawyer could obtain on their own. This allows Periculum to identify those lenders most advantageous to getting a deal done with appropriate structure and terms.
  • Determine optimal capital structure to support your business/ acquisition plan
  • Identify and solicit subordinated debt financing sources
  • Arrange subordinated debt with institutional investors
  • Negotiate with lenders and assist with documentation and closing

INSTITUTIONAL EQUITY

A successful private placement with institutional investors is one of the most difficult feats in corporate finance. Because of our rigorous standards, investors know us and have confidence we select only strong financeable management, and companies. Our deals work, which means not just getting a deal closed but also building a successful relationship between investors and a private company with a long-term view.

At Periculum, we successfully bring together investors and companies with opportunities to create value, particularly in first and second round financings.
  • Determine financial needs of the business plan
  • Determine the most appropriate structure to support your business plan
  • Determine the pre-money value of the business
  • Develop a tight list of equity providers who could most capably support the business both financially and strategically
  • Solicit preferred and common equity from private equity firms and other institutional investors
  • Negotiate transaction terms and conditions with investors
  • Assist with documentation and closing

REGULATION D OFFERINGS

Periculum has a great deal of experience providing early-stage advisory and fundraising services to highly opportunistic companies we believe have the potential to develop entirely new markets or significantly disrupt legacy markets.

Early-stage, or seed-stage, financings take the form of the Regulation D offerings whereby unregistered securities are sold to institutional or accredited individual investors. Periculum has developed a significant network of institutions and high-net-worth individuals who trust our judgment and are willing to invest in these opportunities when we are involved.
  • Determine financial needs of the business plan
  • Determine the pre-money value of the business
  • Develop a tight list of equity providers who could most capably support the business both financially and strategically
  • Solicit preferred and common equity from private equity firms
  • Solicit preferred and common equity from accredited individual investors
  • Negotiate transaction terms and conditions with investors
  • Assist with documentation and closing

RESTRUCTURING

DEBT NEGOTIATION

Periculum’s team has significant experience serving as corporate lenders, particularly in workout situations. This experience gives us unique insight into what lenders can bear vis-a-vis terms, collateral, and pricing.
Periculum’s team has served in debt negotiations for management teams, owners, lenders, subordinated note holders, and counterparties. This level of experience is unique in middle-market investment banking, making Periculum a unique problem-solver for those parties preparing for or in the middle of a debt negotiation.

SENIOR &  SUBORDINATED DEBT

Periculum is routinely called on by companies when their market or the broad economy has moved out of their favor. 

In these challenging times, Periculum can use its vast experience and contacts to identify aggressive, cooperative lenders to secure the capital necessary to get companies through difficult economic situations.

INSTITUTIONAL EQUITY

Periculum will often source institutional equity as part of a comprehensive restructuring in parallel with senior and subordinated debt.

Our years of experience securing institutional equity for growth-oriented companies has helped to develop a deep network of equity players interested in supporting quality companies who have seen a market or the broad economy move against them.
This can be highly valuable, as companies who need institutional equity as part of a comprehensive restructuring typically need the capital quickly. Our experience and network have helped us develop the ability to get a capital raise across the finish line in a significantly truncated time frame. 
4 Center Green, Suite 200,
Carmel, IN 46032 
Tel 317.636.1800 | Fax 317.636.1801

Securities transactions are performed through and under the supervision of Periculum Capital Markets, LLC. Member FINRA* and SIPC**. Disclosures Form CRS
Check the background of this firm or its investment professionals on FINRA’s BrokerCheck.

© Periculum Capital Markets, LLC

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