CEO Sounding Board

Legacy Securities Corp. is pleased to announce its service specifically designed for the support and backstopping of Boards of Directors, Chief Executive and/or Chief Financial Officers of public or significant private corporations. Legacy, now in its 15th year, has long provided traditional transactional services in raising capital and advising on mergers and acquisitions. In this period, Legacy has successfully completed over 100 transactions, with a 90% successful completion history. Legacy is expanding its service offering in order to provide its value-added insight and experience earlier, so that its successful entrepreneurial clients can better plan and time their strategic and financial initiatives.

Companies and their senior executives and Boards need someone who does not have a financial stake in a particular transaction to provide then with unbiased counsel. Corporate America needs a return to long-term advisory relationships with advisors who represent their client’s interests instead of their own. This is even more true following the recent series of corporate fraud allegations and new legislation for board activities as a response to the recent disclosures. Legacy was already providing fairness opinions, expert witness testimony and select valuation services on a time related basis, so the addition of this service is a natural extension of that activity.

How this will work is easy to explain. A senior Legacy officer will provide this advice to boards and senior officers on a direct basis charging only for their time, or on a retained basis. The service will be able to be cancelled at any time and will be structured so that Legacy shall not be required to have any stake in the completion of any transaction, unless the client so requests. The service will include counsel on strategic and financing issues, capital market areas, acquisitions, divestitures and corporate governance issues. Each assignment will be tailored to the needs of the company involved and the needs of its board and senior officers.

Battel is a 20-year veteran of the investment banking business and has been a principal of multiple business ventures. Battel is a Chartered Financial Analyst, in addition to being active on corporate boards, and has lead 100+ corporate capital market advisory assignments in his twenty years as an investment banker.

For a no obligation review of how this service might work for you, please contact:

Christopher F. Battel
cbattel@legacysecurities.com