際際滷

際際滷Share a Scribd company logo
Investment Banking Services


                       Zolt叩n Sikl坦si
            Global Director of Investments
Investment Banking Services
Extension of Adam Consulting Service Offering with First Class
M&A Advisory


     Activities                                                                 Clients

                                                                                 Company shareholders
      Company sale                                                               contemplating sale
      Acquisitions                                                              Acquisitive companies
      Investment structuring                                                    High net worth individuals
      Equity / debt private                                                      and family offices
       placement                                                                 Institutional investors
      Financial restructuring                                                    (private equity funds,
                                                                                  sovereign funds, etc.)




                   Global access to investors, acquisition targets and strategic partners
Transaction Focus
Mid-Market M&A Deals Across a Number of Industries


 Geographic Focus           EMEA


                            Business services             Media

                            Packaging                     Food & beverage
    Sector Specific
 Transaction Expertise
                            Logistics                     Real estate

                            Technology                    etc.


 Mid-Market Deals           Deal size in the $20 million - $100+ million range
Transaction Process
Central Execution Team Closely Co-Operating with Adam
Consulting Local Offices

                                  Sell-Side Process
                          Identification of      Execution (Preparation, Marketing, Negotiations,
     Origination
                             investors                              Closing)

 Local      Execution   Local        Execution                    Execution Team
 Offices      Team      Offices        Team
                                                                Local Offices (support)



                                  Buy-Side Process
                         Identification of                         Execution
     Origination
                        acquisition targets      (Preparation, Marketing, Negotiations, Closing)

 Local      Execution   Local        Execution                    Execution Team
 Offices      Team      Offices        Team
                                                                Local Offices (support)
Execution Capabilities
Value Maximization Based on Superior Quality Execution


 Experienced Execution Team                      VALUE ADDED


                                        Experienced & disciplined execution
   50+ closed M&A transactions
                                        Comprehensive industry experience
   USD 1 bn+ total deal value

   Cross-border dealmaking                     Senior involvment

                                        Combination of M&A, PE and asset
   Access to financial and strategic      management experience
    investors globally
                                          Extensive international network
   6 experienced investment
    banking professionals                       Value maximization
Execution Team
Seasoned M&A Professionals Combining Bulge-Bracket Investment
Banking Experience with Entrepreneurial Approach

                 Zolt叩n Sikl坦si                                 Oliv辿r Martin                                     J叩nos Kv叩g坦
                 Managing Partner                               Partner                                           Partner


                 20 years of M&A, investment                    17 years of M&A, corporate                        20 years of investment
                 and securities experience                      finance and structured finance                    banking and securities trading
                                                                experience                                        experience
Career milestones:                             Career milestones:                                Career milestones:
 Invescom Corporate Finance (Founder)          R叩ba Automotive Group plc (Member of             Citibank (Managing Director and Head of
 Hungarian-American Enterprise Fund              Board of Directors)                               Banking, Hungary, Baltics and Former-
   (Partner)                                    ABN AMRO Corporate Finance (Acting Head            Yugoslavian Countries)
 Hypo-Securities Hungary (Managing               of Hungarian Operation)                         Nomura Corporate Advisory (Head of CEE)
   Director)                                    MeesPierson EurAmerica                           Nomura Securities Budapest (Sales and
 Nomura Investment Bank                                                                            Trading Director)
 MeesPierson EurAmerica                                                                          ING Baring Securities (Head of Fixed Income
                                                                                                    Desk)
                                                                                                  Bank Austria, Daiwa-MKB
MBA, Madrid Business School; M. Sc. in         M. Sc. in Finance, Technische Universitaet        MBA, University of Lincolnshire and Humberside;
Electrical Engineering, Budapest Technical     Berlin, Germany                                   M. Sc. in Economics from the College of
University
                                                                                                 International Management & Business, Budapest
Select Track Record
Dozens of M&A Transactions Closed in a Broad Range of Industries




   Sell-side M&A advisory for             Sell-side M&A advisory in           Sell-side M&A advisory in      Sell-side M&A advisory for Grupo
Hungarian-owned ACIS Group in           relation to the sale of Szenna     relation to the sale of 7 cable   Bimbo, the leading Mexican food
 the disposal of its Hungarian,           Pack Group to Exal Corp.          television channels and 31%      company in the sale of its gummy
    Romanian and Serbian                                                   shareholding in M-RTL to RTL       candy subsidiary in the Czech
    companies to Gilbarco                                                               Group                            republic


               2012                                 2012                                2011                               2010




    Sell-side M&A advisory in             Sell-side M&A advisory for         Sell-side M&A advisory for      Buy-side M&A advisory for SIG
relation to the sale of two freight     Showtime Budapest, a leading          French GPV Group in the        plc in relation to the acquisition
  wagon leasing companies in           concert promotion business in        disposal of its Romanian mail       of a Hungarian specialized
Slovakia and Hungary to Touax,        relation to the sale to Sony Music   services subsidiary, GPV Mail        building material supplier
 the leading European logistics                                            Services to D鱈jbeszed Holding
         leasing company

               2010                                 2010                                2010                               2008
Case Study - Consolis
European Construction Material Producer Entering CEE at Optimal Terms
                                                        Consolis SAS

                                                                                                                            Buy-side M&A advisory for
                                                                                                                              the leading European
     Leading European manufacturer of prefabricated concrete products                                                        prefabricated concrete
                                                                                                                              product manufacturer,
     Over 130 plants in 20 countries with 9,000 persons and net sales around EUR 1.4 billion in 2007                      Consolis to the acquisition of
                                                                                                                           Hungarian ASA p鱈tipari Kft
     Consolis seeked acquisition targets in line with its CEE acquisition strategy
                                                                                                                                       2008



     Geographic Presence of Consolis                                              Overview of Purchasing Process

                                                    First target, selected by Consolis:                 Second target, identified by us:


                                                        Lengthy negotiations                               Faster and more efficient acquisition
                                                                                                             process
                                                        Competing buyers
                                                                                                            More favorable pricing & conditions
                                                        Price spiral
                                                                                                            Access to 4 geographic markets
                                                        Consolis quitting the process




     Consolis European presence   ASA presence
                                                                                ~12 months                               ~6 months
Case Study - Salgglas
Securing a High Selling Price via a Competitive Sale Process
                                                   Salgglas Zrt.

                                                                                                                            Sell-side M&A advisory for
    Leading fabricator of tempered and laminated safety glass in CEE for the automotive industry, customers include        Riverside Europe in relation
     Suzuki and a number of Tier 1 suppliers                                                                               to the sale of Salgglas Zrt. to
                                                                                                                                       CEEIH
    100% owned by international Private Equity fund Riverside Europe since 1997
    300 employees, close to $20 million sales in 2006                                                                                 2007



               Overview of the Sale Process                                              Comparison of Received Offers


                   100+ Investors Contacted
                                                                        200%
                    19 Info Memos Sent Out                              175%

                                                                        150%
                         10 Site Visits                                 125%
                                                                        100%

                            5 Offers                                     75%
                                                                         50%
                                                                                  Price      Buyer 1   Buyer 2   Buyer 3    Buyer 4        Buyer 5
                             SALE
                                                                               Expectation
Pipeline
Select Investment Opportunities
 Sector               Business                                     Geography                    Deal Type              Deal Size

 Energy               Coal fired power plant project               India                        Majority acquisition   $85 million

                                                                                                Equity / debt          $50 million (total
 Energy               Renewable energy (Off-shore, Biomass)        Germany
                                                                                                investment             funding need)

                      PE fund investing in banks focusing on SME                                                       $125 million (target
 Financial Services                                                Sub-Saharan region, Africa   Equity investment
                      customers                                                                                        fund size)

 Transportation       Airline operation                            Zimbabwe                     Equity investment      $1 million

 Transportation       Airline operation                            South Sudan                  Equity investment      $40 million

 Technology           Online game developer                        Hungary                      Equity investment      $4 million

 Real Estate          Luxury hotel                                 Turkey                       Acquisition            N/A

 Real Estate          Premium hotel                                Turkey                       Acquisition            N/A

 Real Estate          Hotel portfolio                              United Kingdom               Acquisition            $100+ million

 Real Estate          4-star hotel                                 United Kingdom               Acquisition            $100+ million

 Wholesale            Frozen food distribution                     Hungary                      Acquisition            $10+ million

More Related Content

Investment banking services

  • 1. Investment Banking Services Zolt叩n Sikl坦si Global Director of Investments
  • 2. Investment Banking Services Extension of Adam Consulting Service Offering with First Class M&A Advisory Activities Clients Company shareholders Company sale contemplating sale Acquisitions Acquisitive companies Investment structuring High net worth individuals Equity / debt private and family offices placement Institutional investors Financial restructuring (private equity funds, sovereign funds, etc.) Global access to investors, acquisition targets and strategic partners
  • 3. Transaction Focus Mid-Market M&A Deals Across a Number of Industries Geographic Focus EMEA Business services Media Packaging Food & beverage Sector Specific Transaction Expertise Logistics Real estate Technology etc. Mid-Market Deals Deal size in the $20 million - $100+ million range
  • 4. Transaction Process Central Execution Team Closely Co-Operating with Adam Consulting Local Offices Sell-Side Process Identification of Execution (Preparation, Marketing, Negotiations, Origination investors Closing) Local Execution Local Execution Execution Team Offices Team Offices Team Local Offices (support) Buy-Side Process Identification of Execution Origination acquisition targets (Preparation, Marketing, Negotiations, Closing) Local Execution Local Execution Execution Team Offices Team Offices Team Local Offices (support)
  • 5. Execution Capabilities Value Maximization Based on Superior Quality Execution Experienced Execution Team VALUE ADDED Experienced & disciplined execution 50+ closed M&A transactions Comprehensive industry experience USD 1 bn+ total deal value Cross-border dealmaking Senior involvment Combination of M&A, PE and asset Access to financial and strategic management experience investors globally Extensive international network 6 experienced investment banking professionals Value maximization
  • 6. Execution Team Seasoned M&A Professionals Combining Bulge-Bracket Investment Banking Experience with Entrepreneurial Approach Zolt叩n Sikl坦si Oliv辿r Martin J叩nos Kv叩g坦 Managing Partner Partner Partner 20 years of M&A, investment 17 years of M&A, corporate 20 years of investment and securities experience finance and structured finance banking and securities trading experience experience Career milestones: Career milestones: Career milestones: Invescom Corporate Finance (Founder) R叩ba Automotive Group plc (Member of Citibank (Managing Director and Head of Hungarian-American Enterprise Fund Board of Directors) Banking, Hungary, Baltics and Former- (Partner) ABN AMRO Corporate Finance (Acting Head Yugoslavian Countries) Hypo-Securities Hungary (Managing of Hungarian Operation) Nomura Corporate Advisory (Head of CEE) Director) MeesPierson EurAmerica Nomura Securities Budapest (Sales and Nomura Investment Bank Trading Director) MeesPierson EurAmerica ING Baring Securities (Head of Fixed Income Desk) Bank Austria, Daiwa-MKB MBA, Madrid Business School; M. Sc. in M. Sc. in Finance, Technische Universitaet MBA, University of Lincolnshire and Humberside; Electrical Engineering, Budapest Technical Berlin, Germany M. Sc. in Economics from the College of University International Management & Business, Budapest
  • 7. Select Track Record Dozens of M&A Transactions Closed in a Broad Range of Industries Sell-side M&A advisory for Sell-side M&A advisory in Sell-side M&A advisory in Sell-side M&A advisory for Grupo Hungarian-owned ACIS Group in relation to the sale of Szenna relation to the sale of 7 cable Bimbo, the leading Mexican food the disposal of its Hungarian, Pack Group to Exal Corp. television channels and 31% company in the sale of its gummy Romanian and Serbian shareholding in M-RTL to RTL candy subsidiary in the Czech companies to Gilbarco Group republic 2012 2012 2011 2010 Sell-side M&A advisory in Sell-side M&A advisory for Sell-side M&A advisory for Buy-side M&A advisory for SIG relation to the sale of two freight Showtime Budapest, a leading French GPV Group in the plc in relation to the acquisition wagon leasing companies in concert promotion business in disposal of its Romanian mail of a Hungarian specialized Slovakia and Hungary to Touax, relation to the sale to Sony Music services subsidiary, GPV Mail building material supplier the leading European logistics Services to D鱈jbeszed Holding leasing company 2010 2010 2010 2008
  • 8. Case Study - Consolis European Construction Material Producer Entering CEE at Optimal Terms Consolis SAS Buy-side M&A advisory for the leading European Leading European manufacturer of prefabricated concrete products prefabricated concrete product manufacturer, Over 130 plants in 20 countries with 9,000 persons and net sales around EUR 1.4 billion in 2007 Consolis to the acquisition of Hungarian ASA p鱈tipari Kft Consolis seeked acquisition targets in line with its CEE acquisition strategy 2008 Geographic Presence of Consolis Overview of Purchasing Process First target, selected by Consolis: Second target, identified by us: Lengthy negotiations Faster and more efficient acquisition process Competing buyers More favorable pricing & conditions Price spiral Access to 4 geographic markets Consolis quitting the process Consolis European presence ASA presence ~12 months ~6 months
  • 9. Case Study - Salgglas Securing a High Selling Price via a Competitive Sale Process Salgglas Zrt. Sell-side M&A advisory for Leading fabricator of tempered and laminated safety glass in CEE for the automotive industry, customers include Riverside Europe in relation Suzuki and a number of Tier 1 suppliers to the sale of Salgglas Zrt. to CEEIH 100% owned by international Private Equity fund Riverside Europe since 1997 300 employees, close to $20 million sales in 2006 2007 Overview of the Sale Process Comparison of Received Offers 100+ Investors Contacted 200% 19 Info Memos Sent Out 175% 150% 10 Site Visits 125% 100% 5 Offers 75% 50% Price Buyer 1 Buyer 2 Buyer 3 Buyer 4 Buyer 5 SALE Expectation
  • 10. Pipeline Select Investment Opportunities Sector Business Geography Deal Type Deal Size Energy Coal fired power plant project India Majority acquisition $85 million Equity / debt $50 million (total Energy Renewable energy (Off-shore, Biomass) Germany investment funding need) PE fund investing in banks focusing on SME $125 million (target Financial Services Sub-Saharan region, Africa Equity investment customers fund size) Transportation Airline operation Zimbabwe Equity investment $1 million Transportation Airline operation South Sudan Equity investment $40 million Technology Online game developer Hungary Equity investment $4 million Real Estate Luxury hotel Turkey Acquisition N/A Real Estate Premium hotel Turkey Acquisition N/A Real Estate Hotel portfolio United Kingdom Acquisition $100+ million Real Estate 4-star hotel United Kingdom Acquisition $100+ million Wholesale Frozen food distribution Hungary Acquisition $10+ million