Transaction Opinions

Our Transaction Opinions solutions span fairness opinions, solvency opinions, ESOP/ERISA advisory, board and special committee advisory, and complex valuations.

Kroll’s team has particular expertise in situations where advisor independence is paramount, and scrutiny is elevated.

Our Opinions practice helps boards of directors and special committees formed by boards fulfill their fiduciary responsibilities when considering many corporate transactions. Over the past 20 years, we have provided 1,500+ fairness opinions and 1,400+ solvency opinions with more than $11 trillion in deal value.

Explore Transaction Opinions

Fairness Opinions

Solvency Opinions

Commercially Reasonable Debt Opinions

ESOP and ERISA Advisory

Key Services

Fairness Opinions
Special Committee Financial Advisory
Solvency Opinions and Surplus Opinions
Commercially Reasonable Debt Opinions
Reasonably Equivalent Value Opinions
ESOP and ERISA Advisory
Complex Valuation Opinions

Key Situations

Dividend Recapitalization Transactions
Share Repurchase Transactions
General Partner (GP)-led Secondary Recapitalization Transactions
Private Equity Fund-to-Fund Transactions
Mergers and Acquisitions Transactions
Liability Management Transactions
Spin-Off/Split-off Transactions
Going-Private Transactions
Related-Party Transactions

Stay Ahead with Kroll

Fairness Opinions

Our Opinions practice is a global leader in Fairness Opinions and Special Committee Advisory, ranking #1 for total number of fairness opinions globally in 2025 and over the last 20 years according to LSEG (fka Refinitiv).

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Solvency Opinions

Kroll’s Opinions practice is a globally recognized leader in solvency opinions. Over the last 20 years, we have rendered more than 1,400 solvency opinions with $10+ trillion in deal value.

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Commercially Reasonable Debt Opinions

Kroll advises companies as to whether the economic terms of their intercompany debt are commercially reasonable.

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ESOP and ERISA Advisory

Kroll's ESOP/ERISA practice is a leading corporate finance and valuation advisor to companies and ERISA fiduciaries.

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Dividend Recapitalizations and Stock Buyback Transactions

Our Opinions practice is your trusted advisor for special dividends and stock buybacks and is a globally recognized leader in solvency opinions.

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Kroll Named 2025 Global Leader in Fairness Opinions

Kroll continues to set the standard among independent financial advisors with its market-leading Transaction Opinions practice. Over the 20 years that the team has maintained its leadership position, Kroll has rendered over 1,500 fairness opinions worldwide, covering transactions with an aggregate deal value exceeding $1 trillion.

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Kroll Named 2025 Global Leader in Fairness Opinions

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