Transaction Opinions

Duff & Phelps helps boards of directors and special committees formed by boards fulfill their fiduciary responsibilities when considering many corporate transactions. Our team has particular expertise in situations where advisor independence is paramount and scrutiny is elevated.

Duff & Phelps Ranked #1 for Announced Fairness Opinions in the U.S. and Globally in 2016, according to Thomson Reuters’ “Mergers & Acquisitions Review - Full Year 2016."

Key Services

Duff & Phelps is a global leader in Fairness Opinions and Special Committee Advisory, ranking first for announced fairness opinions over the past five years. Over the past decade, we have provided more than 700 fairness opinions ($200 billion in deal value) for clients contemplating:

Sell side / buy side mergers & acquisitions
Spin-offs, split-ups, divestitures
Going-private transactions
Related-party transactions

Duff & Phelps has rendered more than 700 Solvency Opinions ($3 trillion in deal value) related to:

Dividend recapitalizations
Debt refinancings
Intercompany restructurings
Spin-offs and split-offs

Duff & Phelps also has dedicated expertise in Commercially Reasonable Debt Opinions and ESOP and ERISA Advisory.

Differentiators

Core Practice: Ranked #1 for Fairness Opinions in the U.S. and globally over the past five years and is the leading financial advisor for solvency opinions (over 1,400 fairness and solvency opinions and $3.2 trillion in deal value since 2005)
Independence: Vast majority of our opinions involve transactions in which Duff & Phelps is not the investment banker
Analytical Rigor: Comfortable providing opinions in transactions involving minority interests, debt securities and those transactions lacking a market-clearing mechanism