Spotlight Advisors

Our Experience

We have been involved in scores of critical situations

Some of our past work...

 

LARGE-CAP COMPANIES

  • Advising Chief Executive Officer and Chief Financial Officer of large distribution company as it faced demands from well-known activist for separation of business unit; proactive moves led activist to stand down
     
  • Providing advice to Chief Executive and Chief Financial Officer of a leading industrial company on strategic changes in advance of a critical earnings call, resulting in the successful launch of a new capital allocation approach and an increased stock price, despite disappointing operating results
     
  • Guiding successfully the Board of Directors of a top semiconductor company through demands by an activist investor, avoiding a costly and distracting proxy fight
     
  • Coordinating and providing strategic advice to the independent directors of a large-cap company regarding the disclosure, financial and regulatory implications of substantial shareholder and governmental lawsuits and investigations occurring simultaneously
     
  • Providing strategic advice to the Board of a leading financial services firm in connection with contentious, and ultimately successful, restructuring and subsequent IPO

 



MID-CAP COMPANIES

  • Advising Chief Executive Officer and General Counsel of industrial company facing a proxy fight and capital structure demands from a well-known activist; helped negotiate a settlement involving a single director
     
  • Advising a Board as it divested a large division, considered options for returning cash to shareholders and faced a potential proxy fight
     
  • Providing strategic advice to Chief Executive and Board of a large publicly traded payroll processor in connection with opposition by a hedge fund to an announced sale, leading to an eventual settlement and successful consummation of the sale
     
  • Providing strategic advice to the Board of a leading consumer products company that had drawn the attention of a well-known activist; the Board was able to successfully integrate the activist candidates and turn a hostile encounter into a victory for the company


SMALL-CAP COMPANIES

  • Guiding Chief Executive Officer in responding to shareholder nominations and unfavorable say-on-pay result from prior year; helped to recruit new directors and modify governance and compensation programs, ultimately settling with activist investor in exchange for a press release quote
     
  • Advising Lead Independent Director and Chief Executive Officer in defense of proxy fight at consumer technology company, including recruiting new directors and modifying capital allocation priorities, leading to winning the proxy contest overwhelmingly at the ballot box
  • Advising the Chief Executive Officer and Chief Financial Officer of technology company on activist vulnerability after several activist investors approached the company during investor conferences; developed a responsive agenda

OWNERS

  • Advised prominent investor that had more than $1 billion invested in transportation company during negotiations with Board that led to a change in Board composition and settlement of disputes
     
  • Served as strategic advisor to investment institution with more than $200 billion in capital as it launched its first-ever proxy fight; provided advice on settlement, communications, solicitation and strategy that led to successful election of each of the investor’s nominees to the Board
     
  • Advised ultra high-net worth individual on large and underperforming position in hospitality sector, successfully recruiting a director and convincing company to seat the director to help the company reconsider its strategy and operations
     
  • Assisted large fund with a $400 million investment in a company undertaking a large acquisition of peer that the investor opposed
     
  • Advised well-known hedge fund as it promoted a capital structure change to a mega-cap company in which it had invested more than $1 billion