Shareholder Activist Defense and Investor Engagement
Activist investors have never been more forceful and tenacious in their engagements, and virtually no company is immune.
Activists have increasing amounts of capital, often-successful track records and deep relationships among investors. Many possess sophisticated media and digital capabilities and they’re not going away.
It’s our job to help prepare our clients for an activist before they appear and to respond thoughtfully and resolutely when necessary. For preparation and scenario planning, we work very closely with our clients and other advisors to take an outside-in look at a company’s core story to identify its weaknesses and flaws. We then begin preparing for and anticipating the potential activist criticism and thinking through potential scenarios.
Beyond activist preparation, we work closely with our clients to help them develop a proactive, ongoing engagement strategy with both active and passive shareholders, as well as other key stakeholders, to develop strong relationships and get feedback on an ongoing basis. This is critical to get ahead of any activist shareholder and to develop the invaluable relationships needed if faced with a proxy fight.
When an activist shows up, we work with our clients and other advisors to develop a communications and IR strategy for a potential fight while ensuring that companies proactively tell their corporate and financial story.
We help our clients achieve their objectives – whether it is to engage, settle, or fight an activist threat – while protecting the reputation of management and the board of directors.
Our senior professionals have deep experience with governance and activism issues. Having covered these situations for some of the world’s leading media outlets, and worked with many companies and boards of directors facing activist threats and proxy contests, Gladstone Place’s team members have a deep understanding of the financial, legal and governance implications of these situations.