In this complex $72m transaction for a European client, Acacia played a fundamental role in structuring the transaction (a simultaneous merger and capital increase), developing a valuation, fine-tuning a financial model, and obtaining internal shareholder approval.
Over 12 months, Acacia initially worked with the teams of two closely affiliated solar-platform investment companies to support them in early interactions with potential public and private sector investors. The first task was to support discussions between the two shareholders and help them agree on how to merge the two companies ahead of the envisaged fund-raise. With significant divergences in expectations, a ratchet-based mechanism was agreed upon, creating the basis for discussions with incoming investors.
Team Acacia successfully…
- Simultaneously coordinated ongoing interactions between the company and incoming investors, including participation in several crucial in-person meetings.
- Mobilized a small team to develop the financial model to align with investor requirements.
- Coordinated interactions between investors and due diligence service providers and successfully guided all parties toward completing the transaction.