500 billion dollars across 50 companies is not hidden from the market. The rating agencies found it. The forensic analysts found it. A teenager in Barcelona found it.
Construction JVs often face accountability, decision-making, culture, and ambiguity challenges that long-term corporate JVs have addressed through stronger governance disciplines.
One JV CEO said it best: “Aligning shareholders is not an optional part of the job. It is the job.”
Commercial conflicts have long shaped joint ventures—but they rarely surface until they start to slow decisions, strain alignment, or erode value. This article unpacks what dealmakers can do before that happens.
JVs have always been a staple in capital intensive industries. With AI capex spend outpacing the GDP of small nations, JVs are becoming a go-to model to access power, speed, and scale.
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. Here are our tips for structuring a durable JV with a strong chance of success – and for 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.
JV agreements can be tailored to more effectively prevent, de-escalate, and resolve disputes.
Terminations of joint ventures and partnerships should not be surprising, but they often occur earlier than anticipated and can leave partners unprepared.
Monitoring the management, operations and risks of your company is difficult enough for any board. How can joint ventures help?
Businesses are increasingly partnering to meet their strategic objectives — but neglecting governance puts JVs and their shareholders at risk.
Today, companies are under extreme pressure to improve environmental, social, and governance (ESG) performance.
Companies are under intense pressure to improve their environmental, social, and governance (ESG) performance.
