Pełniliśmy rolę doradcy transakcyjnego dla właścicieli Termet (oraz spółki powiązanej Tester) – największego niezależnego producenta markowych urządzeń grzewczych o przychodach przekraczających 150 mln zł. Kupującym była spółka notowana na GPW – Grupa Ferro. Transakcja była dość wymagająca z uwagi na panującą pandemię Covid-19.
Pełniliśmy rolę doradcy transakcyjnego dla właścicieli spółki spożywczej wytwarzającej nowatorskie, wegańskie dania gotowe pod marką „Inna Bajka”. Nabywcą zostało konsorcjum składające się z 2 spożywczych koncernów francuskich pod przewodnictwem Bonduelle.
WEP advised to owners of WWŻ Profi – a leading manufacturer of ready-made frozen food products and an absolute leader in pate market in Poland with an annual EBITDA of PLN20m. The company was acquired by Coast2Cast Capital – a private equity firm originating from South Africa Republic.
We advised to Innova Funds on the acquisition of a leading Polish branded office seats with sales exceeding 100m Euro.
Warsaw Equity Partners along with Alcom were exclusive financial advisors to Resource Partners on the acquisition of a majority stake in Golpasz S.A. Golpasz is a major animal feed producer in Poland with revenues in excess of PLN 400m. Resource Partners is a leading private equity firm in middle-east Europe with assets under management of Euro 300m.
We advised to Net Media S.A. on the sale of 40% in Finder S.A to BNP Paribas Polska at a price of PLN 17 million. Finder is the largest company in Poland offering localization services of cars and other movable objects based on GPS technology.
We advised Mercor Group on sale of its largest division (fire doors) generating annual sales of over PLN 200m constituting app. half of consolidated sales of the Group. Main challenge was to sell an asset which was neither legally or operationally separated at the moment of the evaluation by potential investors.
We advised Lotos Group on sale of its subsidiary Lotos Parafiny with revenues of app. PLN 300m at the transaction closing. Final buyer turned out to be the management backed up by Krokus Private Equity fund (additionally supported by a banking facility). The transaction was difficult due to a serious dependability of the company on the Lotos Group in terms of supply of main raw material for production of paraffin as well as having practically one client for the company’s candle products.
We advised the Spanish Gebomsa – the largest provider of service of specialized pumping concrete in Europe, on an acquisition of Betapompa from Lafarge Group. Our mandate included arranging financing for this acquisition as well as negotiation of long-term service contract with Lafarge.
We advised Skanska Group on the acquisition of one of the largest road construction companies in the North-Eastern Poland. At the time of the acquisition Pudiz generated app. PLN 200m revenue. Specific features of the transaction included a very complex multi-step approval process at Skanska, and the fact that the company had dozens of selling shareholders (Pudiz employees).
We advised Portuguese industrial group Martifer on sale of operational wind farm rated at 18 MW located in South-Eastern Poland. The project was complicated because of the complexity of the legal regulations pertaining to renewable energy in Poland, which required a very wide range of due-diligence examination by potential investors as well as the fact that farm was not fully erected during negotiations process with potential investors. The final investor was IKEA.
We advised Portuguese industrial group Martifer on sale of operational wind farm rated at 10 MW located in South-Eastern Poland. The project was complicated because of the complexity of the legal regulations pertaining to renewable energy in Poland, which required a very wide range of due-diligence examination by potential investors. The final investor was IKEA.
We advised the largest Lithuanian construction group Tiltra on the purchase of one of the leading road construction companies in the Southern Poland with revenues in excess of PLN 500m at the time of the transaction closing and with over 15 bituminous mixes plants. The difficulty of the process was to carry out the transaction in a situation where there were more than 100 individual sellers, of which a significant portion were objecting the transaction.
We advised the owners of Duda Bis on private placement (pre-IPO). The equity provider was a private equity fund BBI Capital which injected in the company PLN20m in the form of a capital increase. The transaction took place in challenging conditions due to the deteriorating financial situation of Duda Bis and a real threat of termination of the credit facilities by the financing banks.
We advised Jeronimo Martins on the acquisition of selected retail locations from Topmarket chain. The specifics of the transaction was a requirement of JM for an asset deal (which resulted in a lot of potential logistics and tax issues for sellers).
We advised Asseco Group on an acquisition of SI Kapital – a provider of specialized software to banks.
We advised the owners of the company on the optimal timing and a selection of the brokerage house to carry out IPO. Our role was to represent the owners and the company in talks with potential investors during the road-show, preparation of marketing presentations and working closely with the brokerage house to ensure maximization of the IPO proceeds and proper investor base.
We advised Kolastyna Group on the consolidation of cosmetics market in Poland. The first stage of the cooperation was a small acquisition of Unicolor with strong position in hair-removal segment.
We advised Bols on a merger with CEDC, and then as one of the two financial advisers advised CEDC on the purchase of a majority stake in Polmos Białystok in the privatization process organised by the Ministry of Treasury.
We advised Santander group on the acquisition of 100% stake in Wroclaw-based PTF – a highly specialized intermediary in the sale of car loans. For Santander, the transaction meant de facto the entry on the Polish market. PTF was at that time the last significant player independent player in its segment. Complicating factor of the transaction was a need to redeem the entire portfolio of loans with Millennium Bank, with which the PTF collaborated on an exclusive basis.
We advised Prokom Investments on the sale of the 25% stake in the Post Bank. The basic difficulty consisted in reaching up high valuation with the investor (in the light of the modest at the time financial performance of Post Bank), which reflected the potential development of the Bank.
We advised a foreign specialized fund on the acquisition of Tiga Yacht – the company which is the largest operator of Yacht Harbour in Masuria. The process required negotiations with more than 300 shareholders.
We advised Coca-Cola on an acquisition of mineral water producer Multi-Vita from the Maspex Group.
We advised the owners of Tek-Pol in the sale process of the company to a strategic investor. The choice of the investor was additionally complicated due to the different preferences of the two selling shareholders. Ultimately, the investor was Group Mondi.
We advised the owners of insurance company Warta on gaining a strategic partner. The ultimate investor became the largest Belgian Banking Group KBC, which due to the transaction entered the Polish insurance market.
We advised France Telecom on the purchase of a controlling interest in the Polish Telecom in the privatization process. To this day, it is one of the largest equity transaction in Poland.
We advised the owners of Urtica (the largest national distributor of drugs to hospitals) on the sale of the company to a trade investor. We took the mandate already after signing of the preliminary contract with PGF and we extended the circle of investors by obtaining three additional bids. This approach proved to be very effective and enabled the quick closing of the transaction while the price finally paid by PGF was about 30% higher than the amount initially offered.
We advised CLIF on the IPO. Thanks to the Warsaw Stock Exchange listing, CLIF became the first publicly traded leasing company in Poland.
We advised the Management Board of Jutrzenka listed on the Warsaw Stock Exchange on the secondary issue. The offer was addressed primarily to foreign institutional investors.
We advised owners of BEST in the IPO process. The obtained price for the shares (exisitng and new issue) significantly exceeded expectations of the owner. And it was a result of a smart positioning of the company during road shows with foreign investors in Europe and in many cities in the United States.
We advised the owners of Amica Wronki on the Pre-IPO as well as the IPO. In the case of both issues, the price per share obtained (which was the result of a broad marketing acivity and road-shows in many countries in Europe and the USA) greatly exceeded our client’s expectations.
We advised the Board of GPRD on the IPO. We implemented a unique way to determine the issue price in a form of a Dutch Auction, which quaranteed the highest price for the shares.