By John Pollack and Daniel Alterbaum ( October 27, 2017, 12:21 PM EDT) -- Generally speaking, the last few years have certainly been a seller's market in mergers and acquisitions. Yet, from time to time, private equity consortiums emerge as the winning bidder to acquire a target. More often than not, a seller considering a sale to a private equity consortium is doing so for one of three reasons: (1) the consortium is the top bidder, (2) the consortium is being leveraged to maintain competitive pressure on other bidders in the auction or (3) the consortium is the only available option. While consortiums often do add a level of complexity to a transaction, a well-advised seller can successfully navigate the associated challenges and consummate a successful, relatively pain-free transaction with a consortium. Key sell-side considerations involving transacting with a consortium include the following:...