XMS / Expertise

Our expertise

The objective first.
The structure second.

Complex situations do not fit neatly into product boxes. We begin with the decision you need to make, then build the right team and solution around it.

01 Independent advice02 Senior-led execution03 Chicago · London · Miami

Built for decisions where experience, independence and execution all matter at once.

04Advisory disciplines
07Core sector groups
01M&A + Strategic Advisory↓02Corporate Finance Advisory↓03Capital Markets Advisory↓04Restructuring↓
01

Advisory capability

M&A + Strategic Advisory

Bespoke advice for transactions and strategic decisions where the answer is rarely obvious.

We advise on mergers, acquisitions, divestitures, international transactions, business separations and defense initiatives. Each mandate is senior-led and built around the client’s specific objectives, stakeholders and process dynamics.

Sell-side advisoryBuy-side advisorySpecial committeesStrategic alternativesCross-border transactionsCorporate defense
02

Advisory capability

Corporate Finance Advisory

Independent analysis across the balance sheet, capital allocation and shareholder priorities.

Our managing directors help owners, CEOs and boards evaluate capital structure, credit strategy, dividend policy, share repurchases, risk management, valuation and shareholder communication.

Capital structureCapital allocationCredit advisoryValuationShareholder strategyRisk management
03

Advisory capability

Capital Markets Advisory

Experienced, independent guidance across public and private sources of capital.

We advise on IPOs, follow-on offerings, PIPEs, convertible financings, venture debt, royalty financing, high-yield markets and other debt alternatives—comparing structures without product bias.

Equity offeringsConvertible securitiesPrivate placementsVenture debtHigh-yield debtStructured capital
04

Advisory capability

Restructuring

Clear-eyed advice through distressed situations, complex negotiations and critical inflection points.

We work with companies, creditors and key stakeholders on out-of-court and in-court solutions, bringing rigorous analysis to negotiations, asset sales, exchange offers, rescue financings and reorganizations.

Company-creditor negotiationsLiability managementExchange offersAsset salesRescue financingDIP financing

An integrated view

Every decision has
more than one dimension.

We bring strategic, financial and execution judgment together—so the recommended path still works when the market, the counterparty or the facts change.

01

Strategic logic

What creates durable value, and what must be true for the thesis to hold?

02

Financial architecture

How should capital, consideration and risk be structured around the objective?

03

Stakeholder reality

How will boards, shareholders, lenders, employees and counterparties respond?

04

Execution path

What sequence preserves leverage, confidentiality, certainty and optionality?

Sector reach

Deep experience.
Broad perspective.

01

Healthcare, Life Sciences & Technology

02

Diversified Industrials

03

Digital Assets & Infrastructure

04

FinTech & Financial Services

05

Business Services

06

Consumer

07

Software & Technology