Independent corporate finance and investment advisory firm, specialising in smaller quoted and larger unquoted companies
Merchant Capital has completed deals including initial public offerings on AIM, reverse takeovers, acquisitions and secondary placings across a range of sectors. Transactions where we have acted as Financial Advisor are set out below:
| DATE | CLIENT | TRANSACTION | ACTIVITIES | ** VALUATION | GROSS PROCEEDS |
|---|---|---|---|---|---|
| Apr 07 | K P Renewables | Placing & AIM Admission | Renewable Energy | £0.86m | £0.75m |
| Renewable energy company focussed on wind energy in the United Kingdom and Europe. Merchant Capital advised on capital reorganisation, raising new equity and re-admission to the AIM market Visit site |
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| Feb 07 | Africa Lakes Corporation | Rule 3 Advice | Telecommunications | £10.0m | N/A |
| Merchant Capital was appointed Rule 3 Adviser to defend The African Lakes Corporation from a hostile takeover. The result was the sale in February 2007 of its African telecommunications business to a white knight for around £10 million and a return to shareholders of more than double the original offer. | |||||
| Nov 05 | Future Internet Technologies | Placing | Telecommunications | £8.8m | £8.0m |
| After being reconstituted and refinanced as a cash shell, the Company raised additional funds during 2005 and in March 2006, acquired stakes in two telecommunications companies, with a strategy to build an integrated fixed-mobile communications business. | |||||
| Nov 05 | Weatherly International | Placing & Acquisition | Mining Investment | £11.5m | £2.3m |
| Repositioned from a cash shell, Weatherly has copper mining interests in Zambia, and aims to acquire further natural resource assets in Africa. Visit site |
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| Sep 05 | Cellcast | Placing & AIM Admission | Media | £20.1m | £5.0m |
| Cellcast provides participation television and mobile phone applications to the multi-platform digital entertainment sector. Cellcast’s own programming is distributed on the Sky Digital platform in the UK and by broadcast partners in Europe, the Middle and Far East and South America. A further £1.8m of existing shares were sold through a vendor placing as part of the AIM transaction. Visit site |
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| Aug 05 | Weatherly International | Placing | Mining Investment | £4.4m | £1.4m |
| Aug 05 | Bella Media | Placing | Media | £2.7m | £0.9m |
| Bella aims to build and operate giant-screen (IMAX) cinemas in established world heritage sites and retail destinations. The Company also plans to produce and distribute large format films. Visit site |
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| Jul 05 | Byotrol | Placing & AIM Admission | Specialty chemicals | £8.0m | £3.0m |
| Byotrol has developed a new microbial technology which eradicates, and provides continuing protection against most groups of micro-organisms, including MRSA and VRE. The technology provides a platform for a range of products, initially focussed on the healthcare, food processing and industrial sectors. Visit site |
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| Jun 05 | Weatherly International | Placing & Acquisition | Mining Investment | £1.0m | £0.7m |
| Feb 05 | TV Commerce | Placing & AIM Admission | Media | £3.8m | £1.2m |
| TV Commerce is an interactive media and entertainment company specialising in TV, telephony entertainment content and broadcasting services. Visit site |
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| Jul 04 | Victoria Oil & Gas | Placing & AIM Admission | Oil & Gas | £11.8m | £9.8m |
| Oil and gas company focused on exploration and production assets in the Former Soviet Union. Actively building its stock of recoverable oil and gas reserves. Visit site |
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| Jan 04 | Weatherly International | Placing | Mining Investment | £0.3m | >.£0.3m |
** Market capitalisation on completion of transaction