Practical guidance on structuring a critical provision in a JV agreement
JV transactions have complexities not found in traditional M&A – yet they’re often executed without the help of investment bankers. That can create pitfalls in the deal process.
Deal flexibility is both a blessing and a curse for JVs • Structuring a durable JV with a strong chance of success • Getting to a “quick no” or a “good yes”
JV negotiations are only the first battle – once a JV is established, another wave of problems awaits.
Alliances can be powerful creators of wealth – but come with no guarantee of success. Improving the odds requires a dedication to the art and craft of alliance structuring.
Techniques to help take complex valuation issues off the table
Selecting the right architecture for a JV will help dealmakers navigate thorny issues around who’s in control, how contributions are valued, and how the venture will evolve over time.
It’s time to raise the bar on JV governance. Doing so demands operationalizing the legal agreements and aligning the shareholders on how the governance will actually work. A JV Governance Framework can do just that.
Minority partners in joint ventures can still negotiate substantial rights to have a say in business decisions.
Successful companies actively manage their businesses through periods of economic growth, downturn, and recovery.
The boards of public companies are watched carefully to see how they’re doing on gender parity and other measures of diversity.
