Sale
CAE Inc
CFO of Oxford Aviation Academy. Realised C$314m of cash sale proceeds to create a “training giant” for CAE, a quoted Canadian business. The process for Star Capital followed a classic beauty parade to ensure a successful change of ownership maximising shareholder returns.
Full exit preparation and presentations to potential investors.
Sale
AHL Services Inc
£185m cash sale of AHL Services Inc’s international aviation security business to Securicor. CFO of the European Business that was initially approached directly regarding a potential exit.
A bi-lateral process not open to competitors but kept to a tight schedule of agreed milestones and valuation criteria to a succesdful exit.
Acquisition
Care UK
Purchase and carve out of Care UK’s £50m Learning Disabilities division.
CFO of Lifeways, into which the division was consolidated.
Raised additional funds from the supporting Lending Syndicate.
Integration required forensic planning and support of a skilled team.
Sale & Acquisition
Bowater
CFO of this Building Products business that was successfully turned around permitting an exit by CSFB and Legal & General Ventures via a £50m secondary buyout to 3i.
Ahead of the transaction a restructure included the spin out of sub-scale operations located in Germany.
Acquisition
GTSC
CEO of 3t Global for the purchase of Al Mansoori’s training operations in Abu Dhabi, Saudi Arabia and Egypt.
Significantly enhanced 3t’s international footprint in line with the buy & build strategy.
Invested time to build rapport with selling shareholders keeping the transaction off market.
Appointed regional leadership for 3t with an understanding of local culture.
Acquisition
Petrofac
As CEO of 3t Global, responsible for the purchase and integration of Petrofac’s loss making UK training operations, enhancing 3t's presence in new verticals and to facilitate market consolidation.
Detailed integration planning to ensure successful carve out from PLC and quick cost reduction to ensure good profitability.
Acquisition
Survivex
CEO of 3t Energy Group as the prized acquisition of this Scottish training operation was completed.
Brought critical mass to the region. A key part of 3t’s buy & build strategy.
Quickly closed 3t’s local sub-scale operations and merged into the acquired business.
Refinancing
Oxford
Appointed CFO of Oxford Aviation Academy 6 weeks before the collapse of Lehman Brothers.
Successfully renegotiated $200m debt covenants with a syndicate of 15 banks and lenders who were themselves encountering their own challenges due to the financial crisis.