Financial Advisory & Valuation

Murray Analytics provides financial advisory services to a range of constituencies in consensual restructurings, formal bankruptcies, and insolvency proceedings. Our background and experience allows us to serve our clients as a financial advisor with full testifying expert witness capabilities.

Our founder, Marti P. Murray, is a valuation specialist certified by the National Association of Certified Valuators and Analysts (NACVA) and has over thirty years of combined experience in valuation as a principal investor, financial advisor, and testifying expert.

Murray Analytics actively maintains and updates a unique and proprietary valuation database that allows us to perform research and obtain information on critical valuation topics in a timely and cost-effective manner.

Selected Financial Advisory & Valuation Case Studies

THE DOLAN COMPANY

  • Financial advisor to the Official Committee of Equity Security Holders of The Dolan Company, a holding company with multiple lines of business in e-discovery, appellate services, and business publications
  • Valuation dispute in a contested bankruptcy
  • Provided valuation report of The Dolan Company component businesses and testified as the designated valuation expert
  • Evaluated plan alternatives
  • Equity security holders received a recovery in a negotiated settlement
  • Publicly available valuation report at: The Dolan Company Report

COMPONENT HARDWARE

  • Financial advisor for Component Hardware Group, a worldwide commercial plumbing product manufacturer, in connection with a recapitalization transaction to partially repay senior bank debt
  • Completed an “amend and extend” transaction with senior lender achieving concessions on maturity, amortization, rate, and covenants
  • Transaction included a fresh capital raise from mezzanine and equity investors
  • Restructured mezzanine debt at a discount
  • Restructured equity ownership with old equity retaining control

PULSE ELECTRONICS

  • Financial advisor to Pulse Electronics, an electronic components manufacturer in the wireless infrastructure supply chain
  • Negotiated a holistic recapitalization solution with lenders and other stakeholders to preserve a recovery for equity holders
  • Oversaw and coordinated concurrent M&A and financing processes to preserve strategic options
  • Assisted in liquidity management and critical vendor payment issues
  • Evaluated global accounts receivable, intellectual property, and other assets

GAMING CONGLOMERATE

  • Financial advisor in an engagement relating to a major U.S.-based gaming company. Issues examined included solvency, valuation, and fraudulent conveyance with respect to certain asset transfers

W HOTEL AND RESIDENCES

  • Bankruptcy case involving the W Hotel and an attached condominium project in Boston
  • Acted as financial advisor to Prudential Insurance in a court-ordered mediation between the debtor and Prudential, the largest secured creditor in the case
  • Contested issues included Prudential's entitlement to post-petition interest on a secured claim and the appropriate rate of interest for a post-emergence debt instrument