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The Deal Team

Leveraged loan syndications are growing – and fast. The Loan Pricing Corporation puts the rate at 20% for 2002. Driving this growth is transaction size and the impact of consolidations on available participants. So there is more money at stake, but less people in specific industries to successfully put a deal in place.

Enter the “Deal Teams,” the dream teams of transactions. They bring to the table experienced, well-respected representatives from such non-traditional ABL’s as insurance companies and mutual funds. And they are structured to meet the needs of a diverse lender base, while satisfying their own particular credit requirements and standards. Essential to the success of the syndication is an expert in evaluating the real dollar value of the assets being factored into the financial equations, which is when Daley-Hodkin takes a seat at the table. Integral to the process, Daley-Hodkin provides the solid appraisal information needed to put investors from diverse industries on the same decision-making track.

Founded in 1972, for over 30 years, Daley-Hodkin has been a major resource for asset-based lenders, investment bankers and others. Our professional staff has appraised everything from steel mills to inventories of large catalog retailers, from oil and gas assets to machine tools, construction equipment, transportation and storage and mobile structures - to name just a few.

As participants in an extensive number of loan syndication meetings, Daley-Hodkin’s professional staff has presented appraisals and addressed the many questions and comments of the participants. Daley-Hodkin brings its rapid response skills and strict confidentiality to every assignment, making our staff a key resource in completing transactions with confidence.

Daley-Hodkin’s valuation expertise goes beyond appraising. It lies in an understanding of the value of teamwork, quick response, discretion and common sense – the hallmarks of Daley-Hodkin for more than thirty years. Ever nimble and ready to meet a client’s needs, Daley-Hodkin stands ready to assist the syndicated lender as a major player advising the Deal Team.

Daley-Hodkin Goes Above, Beyond And Now Behind Bars For Our Clients

By Andrea Wasserman

It started out as a typical appraisal. Running to the airport, driving hours once you got to the closest major city to get to a hotel within an hour of the plant. It all seemed pretty normal until I met with the Company.
We all know the old, “Oh, I forgot
to tell you we have another facility about 20 minutes away.” Usually when we get to the other facility there is only a forklift truck and pallet rack so there was no reason for us to really go there. This time I thought I would play it smart and ask if they had a list of equipment at the other site. After I reviewed the list I realized that I would have to make the trip. Then the other shoe dropped, the Company informed me that the other facility was a maximum security prison for men.
So off I went. It took a while to get through security, and oh yeah an appraiser with a camera does not go over real big with the prison system. Finally they allowed me to take pictures and inspect the equipment. I was in and out in two hours. The shortest prison stay in history. All in all it wasn’t so bad. Would I like to do it again? I don’t think so.