Since 2010, Water Street has advised clients on more than 150 joint ventures and other transactions valued at more than $500 billion. We work across industries on ventures designed to build new businesses, consolidate existing operations, provide access to emerging and other regulated markets, and bring scale and other efficiencies to a portion of the value chain. We support clients on transaction strategy, deal concept development, deal structuring and negotiations, launch planning, restructuring, and exit. Our team has written extensively on the unique opportunities, challenges, and requirements that joint venture dealmaking introduces.
Our services include custom engagements and lighter touch support through our membership services, in the following areas:
Joint venture and alliance transactions differ from traditional M&A transactions and in nearly all cases, applying the typical corporate development protocols to these transactions does not work. Water Street has developed a proprietary approach for JV and alliance transactions which leverages best practices we've identified over the years and our knowledge of pitfalls to avoid. Water Street works closely with clients and their legal, accounting/tax, and other advisors on transactions and provides a wide range of services, including:
Water Street has developed a proprietary approach to help shareholders and venture management teams navigate assess performance compared to initial transaction objectives, evolve/restructure ventures over their lifetimes (which can span decades), restructure ventures, and assist an owner(s) with exiting a venture through partner buyouts or equity sales. Water Street works closely with clients determine the appropriate scope of support provided by Water Street, which can include: