Deals

Completion Date
August 2010

Transaction Type
Acquisition

Transaction Value
€118.6 million

Lead Partner
Pieter Venter
Telephone +27 11 268 6231

Background
Bridge Capital advised Stefanutti on its acquisition of Stocks from management and private equity players. Stocks was a buildings business operating in South Africa and the UAE.

What Difference Did We Make?
Assisted Stefanutti in understanding the business dynamics and risks in a foreign environment. In addition Bridge Capital successfully managed the dynamic of having to negotiate with various vendors with differing objectives. Furthermore, Bridge Capital managed to negotiate an issue of shares to the vendors at a substantial premium to its market value.