During the first half of 2019, the global economy and marketplace, including M&A activity, were rocked by Covid-19. Against this backdrop, EGI assumed two simultaneous and substantial sell-side engagements representing owner-founders.
EGI operating and financial managers advised our Clients on the implementation of strategic and defensive responses to the unprecedented environment in order to preserve and grow market value.
As a result, our Clients adapted to the prevailing difficult economic circumstances and not only maintained performance levels but improved their EBITDA. EGI successfully closed both transactions in the first half of 2020. Thanks to a team effort, total EBITDA multiples of 11 and 9.5 were achieved.