Distressed M&A in a Pandemic: Considerations for Private Equity

  |  June 25, 2020

Detailed and rigorous due diligence has always been key to a successful acquisition, but now is a critical component in valuing a target with some confidence. Even before the coronavirus sent the global economy into a tailspin, private equity funds were training their focus inward on creating value for their portfolio companies and signaling more interest in distressed investing. The onset of the pandemic has only magnified this trend. Read more. Read More

New Guidance on PPP Early Loan Forgiveness

  |  June 24, 2020

Paycheck Protection Program recipients choosing to extend their covered period, may apply early for loan forgiveness, but doing so could cost them money. In consultation with the Treasury, the U.S. Small Business Administration addresses various issues related to the PPP in a 34-page interim final rule (IFR) issued Monday night, June 22. Read more. Read More

REDW Experts Identify Rare Valuation & Estate Planning Opportunities

  |  June 10, 2020

As COVID-19 public restrictions ease and business owners focus on reopening, opportunities linger to transfer business ownership interests for a fraction of the typical cost. Amidst all the economic and financial uncertainty, low interest rates can also provide further tax planning opportunities —as discussed in our latest article by REDW Principals Ed Street and Brian Foltyn. Read more. Read More

SBA Clarifies Safe Harbor Repayment Criteria before May 14 Deadline

  |  May 13, 2020

100 dollar bills

The Small Business Administration issued its final guidance today on the Paycheck Protection Program regarding the safe harbor repayment date of May 14 – the last day employers can return PPP funds if they were not legally entitled to apply for the loans. Their latest guidance shields smaller borrowers and saves the enforcement power to review the applications of larger borrowers. Read more. Read More