Mergers and Acquisitions
Consensus’s Christopher Ellis was engaged by the founder of a 30 year old steakhouse chain to represent him and to oversee the sale of the Company. (In addition to the founder ownership, the company’s ESOP was a substantial owner.) Mr. Ellis re-structured the Company optimally for sale, and managed the firm that had been retained to market the company. This firm was unable to conclude a transaction satisfactory to the sellers, so Mr. Ellis took over the process, successfully negotiating a sale agreement on behalf of the stockholders. The buyers (with the sellers’ encouragement) then asked Mr. Ellis to raise the capital necessary for them to complete the transaction, which he did. This holistic approach to the engagement enabled the sellers to obtain the desired price, and assured the sellers that the buyers would have the capital needed to execute the transaction.
