Investors, boards, families and/or management may want an objective, outside resource to help them evaluate alternatives for realistically maximizing value to shareholders.
Some possible "strategic alternatives"- Raise additional capital to fund growth
- Recapitalize the financial structure
- Sell to a strategic or financial buyer
- Merge with another industry participant
- Establish a strategic joint venture
- Divest a business or product line
- Exit/liquidate a line of business
- First, fix the overall business, then implement one or more of the above choices