Testimonials

Testimonials

“My experience with Parallaxes was fantastic. I found Alex and Andrew to be transparent and upfront at each step of the transaction. They made sure I understood how they approached valuation, what was needed for a speedy close, and they delivered documentation that was fair and clearly written in the spirit of execution. You really can’t ask for more in any deal (transparency, speed to close, fairness). They also took the time to understand what my goals were for the funds and expressed sincere interest in being part of my go-forward story. This was true from both a deal team and legal team perspective. I’ve used the word twice, so if I could sum up the Parallaxes approach and team in one word, it would be transparent.”

-Tigran Sinanyan, Former Chief Financial Officer, MediaAlpha (NYSE: MAX)

Gaining knowledge of the TRA space and market is not an easy task, the market is so niche that you cannot just Google it and learn anything other than the most basics. Before meeting Paralllaxes I was not even aware that there was a market for the TRA stream(s) that we had required as the result of our going public. The folks at Parallaxes educated us about the possibilities and helped us attempt to negotiate a sale with our former company. For me the most impressive thing working with Parallaxes was that even after the opportunity to do a transaction with them proved no longer possible they continued to provide us advice and guidance when there was very little (actually nothing) in it for them. Not something you often see on Wall St. today.

-Jeff Herrmann, Former Co-Director of Research, Manning & Napier

“Parallaxes contacted me expressing an interest in purchasing my TRA. After doing some research, I learned that TRAs were an area of focus for Parallaxes. I found Parallaxes to be easy to work with, responsive and fair and reasonable to negotiate with on the transaction. I would certainly work with Parallaxes again on other transactions and I would recommend Parallaxes to anyone considering the sale of their TRA.”

-Scott Macomber, Former EVP and Chief Financial Officer, Surgery Partners (NASDAQ: SGRY)

The Parallaxes team was a pleasure to work with. They were patient working with my timeline and explaining their process yet were able to move very quickly to get a transaction done when I was ready. Additionally, it was a seamless interaction with my company. I would certainly work with them again.

-Jonathan Scheiner, Former SVP, Commercial & Strategy, Solaris Oilfield Infrastructure (NYSE: SOI)

The team at Parallaxes goes above and beyond to provide the right advice and solutions. TRAs can be a difficult concept to understand at first, but the Parallaxes team made sure that we fully understood our options and how to set them up. We were honestly surprised by how much value creation can be unlocked by TRAs. It does become a negotiation point in the deal so having someone like Parallaxes as thought partners through the process is immensely helpful. They really know what they are doing and are absolutely best-in-class!

-Saheb Sabharwal, Former Managing Director, CSL Capital Management, Ranger Energy Services (NYSE: RNGR)

Parallaxes is hands down the most knowledgeable and best partner for TRAs on the street. Anyone that has a TRA in place or is considering one as a part of a transaction or issuance should give them a call. Although we ultimately did not transact with Parallaxes, their guidance allowed us to better understand our alternatives and make the best decision for our investors. I had such a good experience with Andy and the problem that he’s solving for sponsors that I became a personal investor in Parallaxes’ funds

-Dave Bartlett, Ex-Senior Investment Professional at Lone Star Funds

“Very positive experience. The Parallaxes team was professional and the transaction was seamless. The asset was somewhat unique and difficult to value but I believe the value was fair for both parties. I would consider them again for similar situations in the future and have recommended them to others.”

-Anonymous, Former Portfolio Manager, First Eagle Investment Management