We hope everyone enjoyed their Summer, and as we focus on the quarter ahead, the Monomoy team looks to continue serving our clients across our various lines of business.
Here are some of the ways Monomoy has helped our clients recently –
- Provided business combination accounting assistance surrounding net working capital and equity payouts for a recently acquired pharmaceutical company.
- Supported a multi-billion-dollar public retailer in establishing an offshore quality team to oversee audits for the retailer’s white label brand.
- Assisted a pharmaceutical company with business combination controls and processes after taking ownership of a supplier via a convertible note.
- Assisted a diagnostic company with the complex accounting treatment associated with the exchange of future product royalties for equity and debt considerations in a subsidiary.
- Migrated the accounting and finance function for a growing biotech from their incubator to a fully independent team run by Monomoy.
- Implemented financial planning software for a growing, clinical-stage biotech company, and assisted with scenario planning for their board presentation.
- Assisted a client with the accounting for $175 million PIPE in convertible preferred stock and convertible preferred stock warrants that included several complex features.
- Supported a private equity-owned services company in optimizing the legal entity structure to reduce complexity, enable efficiency, and simplify legal and compliance requirements.
We are seeing trends in the market, including –
- Capital markets are warming up in terms of a small number of IPOs occurring and an increase in strategic transactions, including licensing and M&A deals.
- Interest in international assets, both from a public market perspective and a strategic perspective.
- Robust activity on the private equity front across multiple industries, with acquisitions building platform companies in a variety of strategic areas.
- Uncertainty in the broader political climate, leading to some companies remaining conservative and, in some cases, adopting a “wait and see” approach.
The Monomoy team specializes in the following support services:
- Interim finance
- Accounting advisory
- Business process consulting/project management
- Decision support
Our clients include Life Sciences, Technology / SaaS, Industrial, Consumer / Retail and Services companies both publicly traded and privately held including venture capital and private equity backed entities.
We would sincerely appreciate it if you could take a moment to “follow” our LinkedIn page at https://www.linkedin.com/company/monomoy-advisors/. Our focus is on thought leadership, insights, and other relevant content, including real-time updates on current events.
