Keith specializes in providing fairness opinions, solvency opinions, valuations and other corporate finance advisory services to clients involved in a variety of public and private company transactions, including GP-led secondary recapitalizations, leveraged buyouts, related-party transactions, asset sales, spin-offs, going-private transactions, tender offers, share repurchases, dividend recapitalizations, and ESOP transactions.
Keith has experience across a broad range of industries, including real estate, agriculture, consumer products, food and beverage, healthcare, and manufacturing, among others.
Some of Keith’s noteworthy engagements include rendering the following opinions:
- Lineage (NASDAQ: LINE): rendered a fairness opinion related to the internalization of the management company in connection with its IPO
- Howard Hughes Holdings (NYSE: HHH): rendered solvency opinions in connection with the spin-off of Seaport Entertainment Group (NYSE: SEG)
- WP Carey (NYSE: WPC): rendered a solvency opinion to the board in connection with the spin-off of Net Lease Office Properties (NYSE: NLOP)
- Bluerock Residential Growth REIT (NYSE: BRG): served as exclusive financial advisor to the special committee of the board of directors of the company and rendered a fairness opinion in connection with the internalization of the management company
- Bluerock Residential Growth REIT (NYSE: BRG): rendered a fairness opinion and a solvency opinion in connection with the spin-off of the company's single-family rental property business (Bluerock Homes Trust (NYSE: BHM)) and subsequent sale of the company's multi-family residential property business to Blackstone Real Estate
- Preferred Apartment Communities (formerly NYSE: APTS): served as exclusive financial advisor to the conflicts committee of the company and rendered a fairness opinion in connection with the renegotiation and amendment of the company’s external management agreement with Preferred Apartment Advisors, LLC
- MGM Resorts (NYSE: MGM): served as financial advisor to determine the relative value of MGM Grand Detroit’s real estate and MGM Growth Properties Operating Partnership, and rendered a fairness opinion
- Hilton Worldwide (NYSE: HLT): rendered a solvency opinion to the board in connection with the spin-off of Park Hotels & Resorts (NYSE: PK) and Hilton Grand Vacations (NYSE: HGV)
- Cousins Properties (NYSE: CUZ): rendered a solvency opinion to the board in connection with the spin-off of Parkway, Inc. (NYSE: PKY)
- Macy’s (NYSE: M): rendered a solvency opinion and valuation opinion to the boards of Macy’s and Macy’s Retail Holdings in connection with a recapitalization transaction
- Cargill: advised on numerous engagements, including ESOP and other stock valuations, transaction opinions, and various other valuation services
- Seaboard (NYSE: SEB): served as independent financial advisor to the special committee of the board of directors of the company and rendered a fairness opinion and solvency opinion used in connection with a related party share repurchase transaction
- Foster Farms: rendered a fairness opinion to the board in connection with the acquisition of the company by Atlas Holdings
- BBQ Holdings (formerly NASDAQ: BBQ): rendered a fairness opinion to the board in connection with the acquisition of the company by MTY Food Group
- Fiesta Restaurant Group (formerly NASDAQ: FRGI): rendered a fairness opinion to the board in connection with the sale of its Taco Cabana chain to Yadav Enterprises
- Brazil Fast Food: served as independent financial advisor to the special committee of independent directors of the board of the company and rendered a fairness opinion in connection with the acquisition of the company by an insider-led consortium in a going private transaction
- SYNNEX (NYSE: SNX): rendered a fairness opinion to the board in connection with the acquisition of Tech Data (formerly NASDAQ: TECD)
- Ecovyst (NYSE: ECVT): rendered fairness opinions to the special committee of the board in connection with a series of share repurchases from certain significant shareholders in the company
- UniFirst (NYSE: UNF): rendered a fairness opinion to the special committee of the board in connection with a negotiated share repurchase of a block of stock from a significant shareholder
- Hayward (NYSE: HAYW): rendered a solvency opinion to the special committee of the board in connection with a share repurchase from certain significant shareholders in the company
- Expedia (NASDAQ: EXPE): rendered solvency opinions to the board in connection with the spin-off of TripAdvisor (NASDAQ: TRIP)
- Edgewell Personal Care (NYSE: EPC): rendered a solvency opinion to the board in connection with the spin-off of Energizer Holdings (NYSE: ENR)
Keith received his MBA in finance and accounting from The University of Chicago Booth School of Business and his BA in mathematics and economics from Cornell University. He is a FINRA Series 63 and 79 registered representative.
