Imperial is a system for the study of value-based strategies, institutions and companies. The goal of the system is to provide financial managers with the ability to make decisions with respect to the use of company resources, identifying opportunities, valuing investments and ultimately controlling the money and assets of the organization. Imperial aims to promote economic efficiency, market share, productivity, and globalization by developing an integrated global approach to financial services. This approach utilizes leading edge research, financial engineering and information technology skills to provide superior decision making tools. To know more details visit at Acquiry.
The aim of all Imperial policies is to enhance cash flow, market share, productivity, market value, market exposure and total profits for its underlying enterprises. Imperial’s acquisition methodology is focused on maximizing acquisition risk by maintaining a minimal risk retention. In order to achieve maximum returns from capital expenditures, Imperial establishes a number of hybrid models that take into account both long and short terms needs of the corporation. For every acquisition there is an assumption that the working capital of the enterprise will be sufficient to satisfy the expenses involved in acquiring the assets and that the net cash inflows will be sufficient to take care of capital payments. Any assumption that requires a forecast of future cash inflows should be treated as a tentative projection rather than an actual requirement, because the amount of cash inflows that a company can generate depends on assumptions about future cash disbursements.
Imperial Capital is committed to continuous improvement and enhancement of its operational and management practices to ensure that it meets the demands of its clients and delivers the services that are consistent with the needs of its clients. To this end Imperial implements a policy of control and strategic positioning that enables it to obtain the control necessary to accomplish the objectives of its strategy. This control is exercised through policies and procedures that maximize the value of the assets and funds of the enterprise while minimizing risks to the enterprise and maximizing the use of capital. Control involves discretionary management authority that is exercised at the discretion of the management team.
Strategic positioning is a discipline that integrates the acquired and retained capital into the operations and growth plans of the company. The principle is that the more capital (consolidated or unconsolidated) a firm has the more profitable it will be. Strategic positioning enables Imperial to acquire and manage enterprises that have high capital values, strong balance sheets, and strong operating histories. These enterprises then become the basis for acquisitions and other activities that further increase the value of the Imperial company and the acquired company’s value.
Imperial is committed to maintaining the independence and control of its financing decisions and long-term investment philosophy. This independence extends to the investment practices of Imperial, its relationships with its customers, suppliers, and the companies in which it acquires and maintains positions. The philosophy of control upholds the right of the Board of Imperial Generalities to change investment objectives, which involve debt and equity acquisitions, without having first entered into negotiations with the principal holders of the debt or equity. The Board has the authority, however, to approve debt and equity acquisitions only after it has taken into account, among other things, the effect on the performance of the company and the effects on ownership (dividend) equity. In addition, Imperial has no policy requiring that any of its acquirers comply with paragraphs 5 and 6 of the SOX on sales of products within the foreign country.
Imperial focuses on three main components when it comes to acquisition activity: working capital management, transactional management, and asset management. Its investment philosophy is based on a strong emphasis on working capital management. The strategies that Imperial uses in working capital management include short-term financing, ensuring the payment of invoices promptly and accurately, maintaining a healthy collection and repayment history of accounts receivable and accounts payable, and developing policies for the collection and disposition of surplus cash. The Imperial company also develops policies for the safe and timely handling of payments and investments by its acquired businesses. For example, the company’s policy requires that all purchase orders involving $100 or more in cash to be processed through the direct deposit of the appropriate bank. To facilitate management of its acquired businesses, Imperial provides funding, equity, and related services to the various acquired businesses.