Your SlideShare is downloading. ×
Altium Capital Athens
Upcoming SlideShare
Loading in...5
×

Thanks for flagging this SlideShare!

Oops! An error has occurred.

×

Introducing the official SlideShare app

Stunning, full-screen experience for iPhone and Android

Text the download link to your phone

Standard text messaging rates apply

Altium Capital Athens

1,408
views

Published on


0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total Views
1,408
On Slideshare
0
From Embeds
0
Number of Embeds
1
Actions
Shares
0
Downloads
0
Comments
0
Likes
0
Embeds 0
No embeds

Report content
Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
No notes for slide

Transcript

  • 1. Private Equity Funds Mergers & Fairness Acquisitions Opinions & Valuations Investment Banking for Mid Cap Athens – London – Madrid – Milan – Munich – Zurich – Paris – New York
  • 2. A Leading European Corporate Finance House 1986 Formation as corporate finance advisory company in Zurich 1989 Merger with Apax Partners and offices in London, Paris and New York 1990 Opening of Apax Partners in Munich and investment banking arm in Athens 1997 Set-up of securities trading and research in London 2000 Demerger of Apax Private Equity and Apax Corporate Finance which becomes Altium 2004 Acquisition of Banque Arjil in Paris from Lagardere group Nearly 50 transactions completed with a total value of EUR 3.3 billion Altium’s retail 2005 clients outperform the FTSE AIM All Share sector by 10.5% 2006 New partnership with Tamir Fishman in Israel and Polaris Capital in Asia Strictly Private & Confidential 1
  • 3. A Truly Global Network Bucharest, Sofia, London, Manchester, Belgrade Paris Edinburgh Shanghai* Polaris Capital Taipei* Polaris Madrid Capital Hong Kong* Polaris Tel Aviv* Capital New York Tamir Fishman Athens Zurich, Munich, Milan * Associated offices 150 corporate finance professionals in 9 countries dedicated to our clients in Europe. In addition, associated offices in Israel , China and the US reinforce the Altium group international footprint A significant number of our transactions are cross border in all major Western European countries, Central & Eastern European countries, North African countries ,USA, China and India Strictly Private & Confidential 2
  • 4. A Full Pledged Approach Altium provide a full range of investment banking services that cover the entire life-cycle of a company: Quoted Companies Private Companies Securities (LES, AIM ) Research Sales & Sales Trading Market Making Mergers & Acquisitions Corporate Finance 1 Venture / Development Capital 2 Debt / Structured Financing 3 Leveraged Buyouts / Buy-ins 4 Private Placements Equity /Debt 5 Initial Public Offerings 6 Quoted Company Financing 7 Takeovers & Defences 8 Public to Private Transactions Valuation Strategic Advisory Services Implementation of Partnerships Strictly Private & Confidential 3
  • 5. Our Achievements Europe 240 fundraising and M&A transactions (50 of which involved quoted companies) completed over the last 5 years More than $ 2 billion fund raised for our clients In 2005, 2006 and 2007, 154 transactions completed for an aggregate value of over € 16 billion In 2008, despite the turmoil, Altium completed 30 major transactions Greece Advises EFA Group (www.efa.fr) in offset-fund related global investments Advises on several PPP transactions with successful bids of more than € 6 billion in concessions (Athens int’l airport, Maliakos motorway etc) Provides access to financing via local and international private equity and venture capital funds Has advised on cross border M&A transactions (ISI-ALTEC) Strictly Private & Confidential 4
  • 6. Selected References by Sector Defence & Aeronautics Banking, Insurance & Financial Services Energy, Industry & Infrastructure Food & Beverage Telecom Technology Media & dragon rouge Communication rouge Biotech, Pharma & Medical Sciences Internet Strictly Private & Confidential 5
  • 7. Selected Transactions (1/3) M&A Frankfurt, Germany Lastminute.com Plc Ulm, Germany has sold M+W Zander Holding AG Barilla Group acquired Kamps £54.9 million has acquired 51% of the share capital has acquired 100% of AG in a €1.8 billion public Recommended Offer for of takeover to Chereau, France Hamburg, Germany Altium Capital acted as Financial Altium Capital acted as Altium acted as Financial Altium Capital acted as Financial Adviser to Altium acted as Financial Adviser Adviser to the acquirer Financial Adviser to Kögel. Adviser to Barilla Group the seller Cavriago, Italy Switzerland has acquired has sold its 75% share in has acquired has sold 100% of its subsidiary has sold 79% of 50% of Group Schwarzach, Finland including its subsidiaries to management and funds advised Germany by through an IPO on SWX in a Management Buyout transaction Altium Capital acted Altium Capital acted as Altium advised the shareholders in as financial adviser Altium Capital acted as financial adviser Altium Capital acted as financial the M&A process leading to the IPO. to the Seller. Financial Adviser to Swisslog. to Finance.EU advisor to Nextrom Holding Sale of entire Private Equity Portfolio of has sold its 79.3% InCentive Capital AG, Zug shareholding in has acquired through as part of the acquisition by Acquisition of controlling stake in £92 million merger of itouch plc. Unaxis Holding AG by Victory AG Evolution Group plc with to of €600 million Beeson Gregory plc Centerpulse Altium acted as Financial Adviser Altium Capital is acting as Altium acted as Financial Altium Capital acted as to Evolution Group plc Altium Capital acted as Financial Financial Adviser to Victory AG Advisor the Shareholders of Financial Adviser to Adviser to InCentive Capital. sms.at Nextrom Holding S.A. Strictly Private & Confidential 6
  • 8. Selected Transactions (2/3) Admission to trading on AIM and Placing IPOs Admission to AIM Admission to AIM Market capitalisation of Market Capitalisation of Imprint Search and Selection plc Orca Interactive Ltd £100.8 million £54m £5 million £14 million Placing and Market Capitalisation at Placing of £49.6 million Placing of £37.5m Placing and Admission to AIM Admission float: £72.6m to AIM Altium acted as Nominated Altium Capital acted as Altium Capital acted as Nominated Altium Capital acted as Adviser and Broker to XL Altium Capital acted as Nominated Adviser and Broker Adviser and Broker Nominated Adviser and Broker TechGroup, Inc Nominated Adviser and Broker L EISUR E & G A M IN G plc Quoted Imprint Search and Selection plc Imprint Search and Selection plc Company Leisure & Gaming plc £10 million placing and acquisition of Online Travel Corporation £18 million placing and acquisition of Financings Zetar plc £10.25 million Placing and acquisition £7.0 million Placing and ECHM Group Limited £8.3 million Placing Morgan McKinley Group Limited of Kinnerton Group Limited acquisition of VIP Altium Capital acted as Altium Capital acted as Altium Capital acted as Altium Capital acted as Altium Capital acted as Nominated Adviser and Broker Nominated Adviser Nominated Adviser and Broker Financial Adviser Nominated Adviser and Broker Osborne & Little plc Public to Britannia Living Ltd (owned by XCF Investments Limited (bidding vehicle of Alchemy Partners) Privates £50.75 million Sonarsend plc (owned by management and Graphite O&L Acquisition plc James Reed & Partners plc Recommended Cash and management and Alchemy Partners) Capital) £12.96 million public takeover of £62.63 million public takeover of Mandatory Offer on behalf of £115 million Public to Private £22.3 million public takeover for Osborne & Little plc Reed Executive PLC XCF Investments Limited Management Buyout of The Range Cooker Company plc for FCX International plc Sanderson Altium Capital acted as Financial Altium Capital acted as Financial Altium Capital acted as Financial Altium Capital acted as Financial Altium Capital acted as Adviser Adviser Adviser Adviser Financial Adviser to Sonarsend plc Strictly Private & Confidential 7
  • 9. Selected Transactions (3/3) Acquisition of the Mobitex division Sale of Advanced Communication MBOs / MBIs of and Information Systems Limited Iris Software Group Ltd Castlecare Holdings plc £102 million Management Buyout £25 million acquisition by by a management buy-in team Funded by £22.4 million Tragus Holdings Limited Management Buyout for £25 million of The Pelican Group Limited Funded by and BrightReasons Limited to an MBO team backed by from Whitbread plc Inflexion Private Equity Altium acted as Financial Adviser Altium acted as Financial Adviser Altium acted as Financial Altium acted as Financial Adviser Adviser to the shareholders of Altium acted as Financial to Tragus Holdings Ltd to the management buy-in team Adviser ACIS Venture / has acquired 75.2% of Development Nordax Finans AB Renewable Energy Corporation Moneybox Corporation Capital Abellio GmbH €67 million Equity and debt capital raising Voss of Norway ASA $10 million AS €35 million Limited £14 million Private Placement Private Placement Private Placement Altium Capital acted as Financial Adviser to the Abellio GmbH and Essener Versorgungs- und Verkehrsgesellschaft mbH Altium acted as Financial Altium acted as Financial Altium acted as Financial Altium acted as Financial (City of Essen) Adviser Adviser Adviser Adviser Café Med Debt / Raised Debt Finance for Structured Merlin Entertainments Group Limited £36 million senior debt facility EAT Limited Texon International plc the Acquisition of Café Flo and Paracelsus Kliniken- £8.2 million Finance £30 million Deutschland GmbH Debt Refinancing Debt Restructuring Senior Debt Facility €150 million Debt Refinancing Altium acted as Financial Adviser Altium acted as Financial Adviser Altium acted as Financial Adviser Altium acted as Financial Altium acted as Financial Adviser to Café Med Adviser Strictly Private & Confidential 8
  • 10. A Focus on Emerging Europe and North Africa Arjill – Groupe Altium, the French desk of the bank has developed an in-depth know-how of transactions in emerging countries, in particular Central Europe and North Africa. A network of representative offices (Bulgaria, Serbia) and of local partners allows us to identify local opportunities and to execute transactions Has acquired Has sold its Moroccan insurance subsidiaries Arjil Groupe Altium acted as ARJIL acted as financial adviser to Groupama Financial Adviser to Groupama/Gan April 2008 Sale of a substantial minority stake in Quadrant Amroq Bottling Company Limited to PepsiAmericas Inc for $51million Altium acted as financial adviser to the shareholders of Quadrant Amroq Bottling Company Limited Strictly Private & Confidential 9
  • 11. Selected Transactions, Greece The Government of the Hellenic Republic has awarded the construction of the New Athens International Airport Altium Capital advised HOCHTIEF on its successful tender for the at Spata construction and operation of the new Athens International Airport (AIA) worth over 2,3 billion euros. Altium Capital has also provided to A Consortium under the lead of services for the successful implementation of the project. vorm. Gebr. Helfmann Essen/D Altium acted as one of the advisers to Hochtief Aktiengesellschaft. Altium Capital acted as financial and strategy adviser of Fact Based Fact Based Communication Communication (FBC) on its partnership with ERT, the Greek Public Broadcasting Organization, for its distribution of TV content. Altium acted as Financial Advisers October 2000 Strictly Private & Confidential 10
  • 12. Selected Transactions, Greece Private Placement Altium Capital advised Apax Partners, on the acquisition of an equity stake through a private placement, in EasyEverything. £ 10.000.000 Altium acted as Financial Advisers March 2000 Acquisition by Altium Capital acted as adviser to the principal shareholder of ISI, a specialized software company, for the sale of 45% of share capital to of ALTEC, a leading Greek hardware and information technology 35% equity stake in company Altium acted as Financial Advisers January 2000 Strictly Private & Confidential 11
  • 13. Selected Transactions, Greece Acquisition of 45% equity stake by Altium Capital acted as adviser to the principal shareholder of ISI, a specialized software company, for the sale of 45% of share capital to in ALTEC, a leading Greek hardware and information technology company GRD 1.800.000.000 Altium acted as Financial Advisers March 2000 Sale of a 15.4% strategic participation in Altium Capital has acted as adviser to SATO, a leading office furniture Denka Holding A/S (Denmark) Group in Greece, for the sale of a strategic participation in DENKA to Denka management team and financial investors. Holding A/S (Denmark) to Denka management team and financial investors. Total transaction size Dkr. 40 million Altium acted as financial adviser to SATO December 2005 Strictly Private & Confidential 12
  • 14. Why Altium Market Understanding AdvisoryTeam Transactions in more than 15 countries Altium has dedicated advisory cross- lead to an in-depth understanding of the office teams per sector European market Altium operates on a knowledge sharing We understand the market trends and business platform that enables each focus our M&A activity accordingly professional to access sector expertise Long-term Partnerships Knowledge of Investors We seek long-term partnerships with our Direct contacts enables to run quick clients (e.g. XING) processes and test interest in the market M&A is only one part, we also advise on positioning/strategy/vision of the Private Equity and VCs know Altium as company a prime lead generator Team has numerous best practice Senior-level contacts examples Strictly Private & Confidential 13
  • 15. Altium Athens – Who is Who Christian Hadjiminas, Managing Director Christian is a graduate of Columbia University with a B.A. in Economics and MBA from the Wharton Business School. He worked for four years as a senior trader at Phibro, a division of Salomon Inc. and in 1987 he set up his own company in New York. Subsequently, he founded European Finance Associates (EFA) in Athens, specializing in financial services, and more specifically, in investment banking and offsets. Pursuant to a cooperation since 1990 with Altium (previously part of Apax Partners), the investment-banking department has recently become a member of Altium network as its Greek office. Christian has led a number of cross-border private transactions. Evangelos Boutlas, Associate Evangelos holds an LLM and LLB from the University of London. His academic qualifications include a Law degree from Athens Law School, a postgraduate degree in Tax Legislation from Athens School of Economics and numerous participation in Greek and International Tax and Legal Congresses. His working experience includes 5 years with KPMG in Athens where he worked first as an auditor and then as a Senior Tax Advisor, operating primarily in the areas of Corporate Law, International Taxation, M&As and Funds Administration. As member of the Altium team he is mainly involved in infrastructure projects and joint ventures. Strictly Private & Confidential 14
  • 16. Altium Athens – Who is Who Dimitris Goranitis, Associate Dimitris holds an MBA in Investment Management from Pace University New York – Lubin School of Business and a BA in Financial and Banking Management from University of Piraeus. Prior to Altium, Dimitris has worked with UBS Wealth Management in New York as a senior sales development strategist. He has focused on asset retention projects that reduced outflows by $1billion in the greater region of New England. His working experience also includes Bear Stearns Asset Management in New York, as a VP of Business Strategy, where he handled several projects including operations consulting, restructuring and product strategy that enabled the business unit to reach an AUM CAGR of 50%. With Altium he handles business opportunity scans in SE Europe. Manos Patsios, Associate Manos holds an MBA in Investment and Finance from Exeter University and a Bachelor degree in Economic and Banking from Hartwick College New York. Prior to joining Altium, Manos worked for a year at UBS Warburg in London (Greek team) working on many corporate financial transactions. He has focused on media telecommunication and new economy industries and gained great experience in issues concerning digital terrestrial TV. As member of the Altium team he is involved in advisory transactions in high tech projects and cross border strategic partnerships. Strictly Private & Confidential 15
  • 17. Contact Us Altium Capital S.A. Athens Altium Capital SA 7 Stratigi Street 15154 Neo Psychiko, Greece Tel: +30 210 6728610 Fax: +30 210 6728624 Email: (Dimitris Goranitis) d-goranitis@altiumcapital.gr Web: www.altiumcapital.com Strictly Private & Confidential 16