STRATA ADVISES ON THIRD SUCCESSFUL SELL SIDE SINCE SEPTEMBER
In January 2011, Strata successfully completed its third sell side transaction in five months. For reasons of client confidentiality, full details of two of these transactions are not being disclosed, but more information can be provided on request. In September 2010, Strata advised Amadeus IT Group on the sale of its Property Management Systems division to Infor. Summaries of the two undisclosed transactions Strata has completed since are as follows:
Carve out and sale of waste to energy business:
Strata successfully advised on a highly complex transaction in the waste to energy sector, whereby key patents and related process technology assets were sold to one of Europe`s largest private industrial technologies groups with revenues in excess of USD 7.5bn, while the incineration facility itself was sold to a private equity backed waste processing company. We structured, managed and successfully completed a complex multi-jurisdictional transaction with two parties simultaneously, securing an exceptionally good result for shareholders. Following previous transactions in the photovoltaic energy sector, this transaction underlines Strata`s commitment to clean-tech and industrial technology.
Sale of analytical consultancy business to a European market leader:
Strata was exclusive financial adviser to a specialist consultancy business with operations across the UK, Continental Europe and Asia on its sale to a large European listed company. Based on our industry expertise and established relationships in the sector, we were able to secure an excellent result for the vendor against a tight timetable. Meticulous planning and preparation, first class transaction execution and senior commitment and support throughout were critical to ensuring a successful outcome.