This section contains interesting articles concerning management buy outs, private equity tips and successful succession planning.
News
Chester Moynihan discusses issues for CFOs in private equity owned businesses
Chester Moynihan was recently interviewed for a CFO Magazine article on the pressures placed on the CFO during and following a management buy out. Please click on the attached link to see a full version of the article.
September 2007: Quay Capital appointed to advise management team of Coates Hire
Chester Moynihan has been appointed to advise the management of Coates Hire on their negotiations with the incoming Carlyle / National Hire consortium.
August 2007: $20 million rescue debt package sourced for distressed manufacturer
Quay Capital has just completed the first tranche of the re-financing of a distressed manufacturer, with the introduction of $20 million short term rescue financing facilities.
July 2006: Quay Capital advises on $60M backpackers merger
Quay Capital advised on the $60 million merger between the two biggest backpacker operations in Australasia.
Ironbridge Capital portfolio company, ACB Group Holdings, better known in New Zealand as Beyond Backpackers, joined forces with the Accor-backed Base Backpackers to create the largest network of privately owned hostels in the region.
Click here to read Financial Review article…
March 2006: Quay Capital advises on takeover offer
Quay Capital has been appointed as financial advisers to Tourism, Hotels and Leisure Limited (ASX: TLC) to advise on the on-market takeover offer from SDB Hotels. Click here for ASX announcement...
March 2006: $10 million working capital funding for Advanced Healthcare Group and appointment of new CEO
Hawkesbridge Private Equity has agreed to provide AHG with a working capital facility of $10 million. A new CEO has been appointed to replace Adrian Loader. Click here for ASX announcement...
September 2005: Adrian Loader appointed interim CEO of Advance Healthcare Group Limited
Adrian Loader of Quay Capital has been appointed interim CEO of ASX listed Advance Healthcare Group Limited to oversee it's restructure and recapitalisaiton. Click here for ASX announcement...
An MBO is a transaction where existing management buy the business from the current owners, usually supported by private equity investors and debt financiers...
February 2007: Quay Capital appointed to assist Bounty Industries Limited (BNT)
Jason Johnson of Quay Capital appointed as interim COO of Bounty Industries Limited to assist in a number of strategic and operational growth initiatives.
