The impact of COVID-19 is not only immediate, but will be felt for months to come. As a result, Warranty & Indemnity (W&I) Insurance has adapted to this new M&A environment to provide investors with alternative solutions which can assist both sellers and buyers as they look to mitigate the unprecedented uncertainly in the market as COVID-19 continues.
In the second of a two-part podcast, Proskauer private equity M&A partner Andrew Wingfield alongside associate Katie Bunce and Caroline Rowlands, head of private equity at Howden M&A, discuss the opportunities for private equity firms and companies to utilize W&I insurance when considering buying a distressed or insolvent target.
The podcast will cover:
- Background on W&I Insurance in distressed transactions.
- Key considerations for buyers considering W&I insurance on deals with a distressed or insolvent target.
- Advantages for buyers and sellers using W&I in M&A involving distressed or insolvent targets.