Assets and mandates we have run. The parties are protected by confidentiality agreements, so the descriptions carry no names.
MAXCAPITAL partners have taken part in mergers and acquisitions with an aggregate value above $1bn — in a range of roles and across a range of sectors. Set out below is the part of that record we are free to describe publicly.
The course of work on each project — stage, participants, timing — stays inside the confidentiality agreement. That is the client's information, so what appears here is subject matter and outcome. Details are discussed in person to the extent the agreement permits.
Sturgeon and black caviar production. Sale mandate: valuation, packaging of the asset, outreach to strategic buyers in Russia and Kazakhstan, work with audited IFRS accounts and a cross-border transaction perimeter.
Two assets in a single process. Work with a federal agricultural holding and with a top-10 state bank, including clearance through the bank's compliance procedure.
The owner approached us to sell the business. Valuation established that the price expectation sat above the market. Instead of taking the asset out to buyers we prepared recommendations on margin and investment appeal.
Outcome: the owner deferred the sale in order to come to market a year later at a higher price.
Title review, reconciliation of management accounts against tax authority data, analysis of the ownership and tax structure. Preparation of materials for buyer outreach.
An international investor was looking for a greenhouse complex against defined criteria. We identified an asset near Moscow, requested financial, technical and production information and carried out a valuation. Diligence established that reaching the investor's target return would require substantial further capital expenditure.
Outcome: the investor selected a different asset in the CIS for the same objective.
A federal chain of wellness centres was looking for land for a new facility near Moscow. We identified a site matching the investor's requirements on location, area and permitted use.
The acquisition required funds beyond the investor's own resources. We ran negotiations with funds and banks and prepared the pack against credit committee requirements.
Outcome: project finance for the shortfall was obtained from one of the country's leading banks.
The owner of a site with its own mineral water source had developed a concept for a health and wellness centre. The objective was to introduce an investor to the project.
Outcome: an investor from China was introduced to the project.
待價而沽 — «Wait until a worthy price is offered»
Confucius, Analects, Book IX. Two of the projects above ended with our recommendation to refrain from the transaction. That recommendation comes from an adviser whose interest is wider than a single closing fee.
Stages, timing and participants stay inside the agreement. An owner who saw someone else's process set out in detail here would rightly conclude that theirs would be shown the same way.
Two entries here describe diligence stopping an acquisition. For the investor that is capital preserved, and we count it as a result of the work.
Names, addresses and identities of the parties stay closed before and after a transaction. That is the condition on which assets are shown to us.