Columbus Overview (English)
Anuncio
Institutional Presentation This information is strictly private and confidential Columbus Overview Columbus Merchant Banking is an independent boutique investment bank that provides advisory and capital markets service. We offer unbiased and unconflicted advice for our clients in any type of investment banking transaction Columbus was founded at the end of 2004 by former senior officers responsible for Citigroup’s Investment Banking business in Argentina and Uruguay Columbus has offices in Buenos Aires and Montevideo and employs ten professionals (7 ex-citibankers) Columbus members have been Capital Market Makers in the region and have worked together for more than 22 years (16 at Citi and 6 at Columbus), developing a strong deal-making track record in local and cross border M&A, Equity (Public & Private), Fixed Income, Syndicated Debt, Restructurings and Project Finance Columbus members hold extensive international “on-the-field” work experience (USA, Europe and Mercosur) in the Investment Banking Industry: over 350 deals for over US$ 38 billion total value Columbus members have successfully structured sophisticated deals and financial products in Emerging Markets under all macro environments and capitalized from these experiences Columbus has generated more than 50 Investment Banking deals in six years with clients such as Village Cinemas, Procter & Gamble, Groupe-Casino, Celulosa Argentina, Exolgán, Noble Grain, AES, ING Group, Ivax Pharmaceuticals, Macri Group, Dolphin/Pampa Energía, Iplan and Grupo de Narvaez, among many others Columbus has been one of the most active Investment Banks in Argentina in the past years, and currently holds the fourth position in the local mid-size M&A rankings, overcoming top tier international financial institutions 2 What Columbus Stands For Commitment: From the beginning the partners of Columbus are completely involved in the transaction, personally taking care of the clients’ necessities through the process Independence: Unbiased and unconflicted investment banking services Excellence: Superior execution capabilities by Partners under international standards Experience: Our Partners average almost 20 years in the investment banking industry, developed in leading global financial institutions at major financial markets Industry Knowledge: Columbus has thorough knowledge, relationships and experience in almost any industry. However, we are not industry specialists, we are deal specialists! Global Coverage: Our presence in Argentina and Uruguay and partnership with Global M&A enhances our regional and international coverage and facilitates the maximization of business opportunities Seniority: Exclusive dedication by Partners to each client Reach: Superior access to a wide variety and type of investors in different markets Long-term Thinking: Columbus privileges developing long-term relationships with clients, delivering superior advisory services in any type of transaction and marketplace 3 The Global M&A Partnership Columbus is a member of Global M&A since Global Office Network 2007 representing Argentina and Uruguay Global M&A is the world’s most active international partnership investment banks of boutique The partnership represents the best of two worlds: a personal investment banking service delivered by seasoned deal makers combined with seamless cross-border corporate finance capability Global M&A’s is focused in mid-market transactions, valued up to €250 million, with each partner been carefully selected as 'best of breed' in their own local territories In the last 10 years, Global M&A has closed more than 1,500 transactions with an aggregate deal value of more than €30 billion Columbus was able to enhance its global coverage and deal origination & execution since its partnering with Global M&A 45 different investment banking boutiques and more than 300 bankers across Europe, Asia, America and Australia www.globalma.com 4 Columbus Partners Alejandro Dillon Managing Partner Fernando Herrera Partner Diego Augsburger Partner Age: 47 yrs IB Exp.*: 24 yrs Age: 43 yrs IB Exp.*: 20 yrs Age: 43 yrs IB Exp.*: 20 yrs Former Citigroup M&A Head for Southern Cone BA from the University of Buenos Aires (UBA) London Business School: former ADP and International Alumni Board Member Former professor: Master in Finance - UdeSA Former Board Member IAE “Centre for Entrepreneurship” Former Citigroup Equity Head Argentina Former Citigroup Private Equity Coordinator Argentina BA from the University of Buenos Aires (UBA) Former professor Master in Finance – UdeSA Former Citigroup Fixed Income & Loan Syndication Head Argentina BA and CPA from the University of Belgrano Professor Master in Finance – UTDT Julio Fermo Partner Alejandro de Nevares Partner Martín Lombardi Partner Age: 40 yrs IB Exp.*: 16 yrs Age: 43 yrs IB Exp.*: 21 yrs Age: 41 yrs IB Exp.*: 16 yrs Former Citigroup Structured Finance Head IB Argentina CPA from University of Rosario (“UR”) Master in Finance – CEMA Master in Bankruptcy – UBA Professor: Master in Finance – UTDT & UR Note (*): Investment Banking Experience Former Citigroup New York Latin American Institutional Investor Sales Head BA from the University of Buenos Aires (UBA) MBA Fuqua School of Business – Duke University Former Director Citigroup Uruguay. Head of FI Public Sector CPA for Universidad de la República MBA University of Georgia Professor Master in Finance – ORT (Uruguay) 5 Investment Banking Services Mergers & Acquisitions Buy & Sell Side Corporate Advisory Capital Markets Valuations Private Placements ¾ Competitive Processes Debt Restructurings Loan Syndication ¾ Direct Negotiations IPO Advisory Corporate Debt Distribution Divestitures Capital Structure Securitizations Strategic Partnerships Strategic Advisory Mezzanine Finance Management Buy Outs (MBO) Hold-out situations Acquisition Finance Leveraged Buy Outs (LBO) Credit Rating Assessment Financial Asset Origination Fairness Opinions Private Equity Origination 6 Columbus Team Previous Achievements* LANDMARK DEALS EXECUTED “Deal of the year”. Private debt restructuring: Transportadora de Gas del Sur (2004). Argentina “Deal of the year” Latin American sovereign debt restructuring: Republic of Uruguay (2003). Uruguay First “APE” and “debt to equity” restructuring: Autopistas del Sol (2003). Argentina 20-year Sovereign Bond: The Republic of Argentina, 20 year maturity (2000). Argentina Largest corporate bond issue: Baluma (Conrad Resort) (1999). Uruguay Biggest M&A in retail sector: TIA (1999). Argentina First credit card securitization: Aerocard (19971998). Argentina Record M&A sell side: Havanna (1997). Argentina First Mercosur project bond: IEBA (1997). Argentina First private equity acquisition finance: Mandeville Hicks Muse Tate & Furst (1995). Argentina First corporate issue post-Tequila: Hidroeléctrica Piedra del Águila (1995). Argentina First FRN: Edelap (1994). Argentina First Latam consumer securitization: Trinity Trust (1993). Argentina First global IPO: Telefónica de Argentina (1991). Argentina First Euro CD: Banco Rio NY Agency (1991). Argentina First commercial paper: Bunge (1991). Argentina First corporate bond (ON): Pluspetrol (1989). Argentina MARKET ACHIEVEMENTS More than 330 transactions executed between 1991 and 2004 28 debt restructuring and 4 M&A deals during the Argentine crisis (2002-2004) More than US$ 38 billion in aggregate deal value for M&A, Equity, Debt, Privatization and Debt Restructuring Uruguay: More than 20 transactions in M&A, fundraising and debt restructurings Note(*): Deals done by our team of professionals before joining Columbus 7 Columbus’ Current History and Track Record Columbus has been an active player in the local and regional market since inception Relocated to its current office headquarters In just two years, Columbus was recognized as a Lead Top Player in Argentina by the Economist Intelligence Unit (EIU) Despite Argentina’s farm crisis and the outburst of the subprime crisis, Columbus continued to be very active in M&A and fundraising deals with clients such as Gafisa, Cadbury and Copérnico among others By March, Columbus had closed the divestment of Leader Price Argentina by Groupe-Casino Columbus continues to be one of the most active investment banks, leading the local market Columbus was founded at the end of 2004 In just months, Columbus was working for Noble Grain in a regional deal 2004 2005 2006 In its first year Columbus closed deals with top-tier companies such as Procter & Gamble and Village Cinemas Ranked among the Top 5 advisors in Argentina by Thomson Financial 2007 2008 2009 2010 Closed several regional M&A deals and debt restructuring process with companies such as Fiplasto, Herix and Village Cinemas Ranked fourth (#4) in cumulative league tables for the past three years, overcoming top tier international financial institutions Joined Global M&A to enhance its global reach Closed several deals in M&A, financing and debt restructuring with international companies such as Ivax, Village Cinemas, Iplan,Exolgán and Fada, among many others Occupied the second position (#2) in Thomson Financial M&A rankings 8 Argentina M&A Rankings Columbus has been one of the leading Investment Banks in Argentina in the past three years Top 10 Advisors by deal count (Jan07 - Mar10) Columbus holds the fourth position (#4) in the local market, overcoming top tier international financial institutions This ranking reflects Columbus’ growth and leadership in the Argentine market Source: Thomson Financial, deals under US$ 150 million 9 Columbus Selected Credentials Grupo Dashalmix S.A. Grupo Palmero September 2010 June 2010 May 2010 March 2010 March 2010a February 2010 AR$ 20 MM medium term financing Financial Advisor Financial Advisor M&A Sell Side Financial Advisor Financial Advisor Financial Advisor HERIX S.A. Argentina December 2009 October 2009 July 2009 June 2009 a Financial Advisor Advisor in the restructuring of its financial liabilities M&A Sell Side Financial Advisor M&A Sell Side Financial Advisor May 2009 Financial Advisor Copérnico Capital Partners August 2008 Financial Advisor November 2008 Financial Advisor Las Malvinas July 2008 June 2008 June 2008 May 2008 March 2008 Financial Advisor Financial Advisor Financial Advisor Financial Advisor Financial Advisor 10 Columbus Selected Credentials (cont.) Club Atlético Independiente Química del Norte March 2008 January 2008 SOCMA October 2007 September 2007 July 2007a July 2007 AR$ 25 MM medium term financing Structuring and placement of Private Notes for US$ 10 MM Financial Advisor Financial Advisor Financial Advisor Financial Advisor June 2007 June 2007 February 2007 July 2006 May 2006 Advisor in the restructuring of its debt M&A Sell Side Financial Advisor M&A Sell Side Financial Advisor January 2007 a Consumer finance portfolio financing for US$ 6 MM in UYP Block Trade of Telecom Argentina Class C Shares Financial Advisor November 2005 October 2005 Advisor to the minority shareholders in the acquisition of the controlling stake October 2005 September 2005 Advisor in the restructuring of its financial liabilities and capital structure September 2004 Financial Advisor Financial Advisor Financial Advisor November 2005 M&A Sell Side Financial Advisor 11 Why Columbus? For superior advisory services in any investment banking transaction, there is what you know you need and what you should avoid… COLUMBUS à Exclusive dedication by Partners OTHERS Ä Execution by generalists – Seniors at mandate & closing only! à Deal execution by top tier professionals Ä Huge deal teams with marginal dedication à Proven experience in closing deals under Ä Lack of flexibility, transparency and different market scenarios à Unbiased and unconflicted investment banking services à Efficiency: unparalleled cost with access to senior execution à Only focused in serving our clients’ interests attention Ä Evident conflicts of interest Ä Best resources only dedicated to seven-digit deals Ä Transaction focus lost among a wide array of corporate interests A deal cannot afford the cost of not having the right advisor… 12 Contact Details Av. Coronel Díaz 2857 C1425DRB | Buenos Aires | Argentina T: +54 (11) 4802-4700 www.columbusmb.com Alejandro Dillon [email protected] Fernando Herrera [email protected] Diego Augsburger [email protected] Julio Fermo [email protected] Alejandro de Nevares [email protected] Verónica Klammer [email protected] Matías O’Farrell [email protected] Germán Buffo Sempé [email protected] Francis Btesh [email protected] Martín Lombardi [email protected] 13
