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27 Aug

FY18 Review

I am pleased to provide our FY18 year-end round up, after another busy year at SLM.

SLM is now in its 20th year following our establishment in 1999, originally as Strategic Legal Management. Since the very early days, we have broadened our service offering significantly, and today our business is focussed on 3 key areas:

• M&A and transaction advisory – advising companies on mergers and acquisitions, business sales, IPOs , public company takeovers and schemes of arrangements, restructurings and strategic reviews

• Valuations and expert reports – independent valuations of businesses and securities (for various purposes), independent fairness reports and financial expert reports for litigation matters

• Capital raisings – originating high quality investment opportunities for our expanding sophisticated investor network.

We have been active in each of these areas over the past year. Public company transactions on which we advised included the sale of over a hundred KFC company-owned stores for YUM Brands, the recapitalisation of toy distributor Funtastic Limited, and the restructuring of paper merchant Spicers Limited’s complex capital structure.

Our valuation practice has also grown considerably, and we are today preparing independent valuation reports for an increasing number of publicly listed and private companies.  Our capability in this area has been significantly bolstered by the addition of Shakeel Mohammed to the team. Shakeel joins us after 9 years at Grant Samuel, and was recently promoted to Director at SLM.

During the past year we originated and raised capital for several high quality investment opportunities from our investor network. These included unlisted property funds (Elanor Commercial Property Fund, Belconnen Markets Syndicate, Barwon Healthcare Property Fund and Arrow Primary Infrastructure Fund), emerging equity fund managers (Capital H Inception Fund, DMX Capital Partners and Millex Ethical Fund), and early stage fintech ventures (Verifier and Rounded). There is strong interest from our growing investor network for opportunities which offer attractive risk-adjusted returns across a range of asset classes and sectors, and we continue to seek out and evaluate a pipeline of these opportunities.

The outlook in Australia remain favourable for business and investment, and we are optimistic about the year ahead.

Thank you to our clients, investors and referral partners for your support during the past year, and we look forward to working together and serving your future needs.

For further information, please contact Barry Lewin on barry.lewin@slmcorporate.com.au or +61 419 302 493.

30 Jul

Appointment of Shakeel Mohammed as a Director, and our growing Valuation Services

I am delighted to congratulate Shakeel Mohammed on becoming a Director at SLM Corporate.

Shakeel joined us as a Senior Manager early last year, after 9 years at Grant Samuel, where he worked extensively with a broad range of ASX listed and unlisted companies on corporate (M&A) transactions and Independent Expert reports. During this period Shakeel developed financial and valuation models on companies and projects, reviewed and analysed client financial models, budgets, forecasts and management reports.

Shakeel has expanded our capabilities significantly in these areas and joins Kuo ning Ho, Eugene Tong and me as Directors at SLM.

Over the past year we have completed a large and growing number of independent valuations for existing and new clients. Some of our diverse valuation assignments have included:
• Valuation review for the proposed acquisition of an offshore supermarket chain for the private acquirer
• Valuation of a high end overseas fashion retail chain for the private acquirer
• Valuation for impairment testing of a dairy packaging and distribution business for an ASX listed acquirer
• Valuation of the shares in a financial services company for the private vendor
• Valuation of the shares in a local bakery business for the private vendor
• Valuation of a workplace health consulting business for the private acquirer
• Valuation of private ophthalmology group for a private vendor
• Valuation of a communications service provider for the private vendor
• Valuation for impairment testing of 3 investment services businesses for an ASX listed acquirer
• Valuation of an Asian specialty distribution business for an ASX listed vendor
• Valuation for an ASX listed company on the sale to a related party of a consultancy providing services to pharmaceutical companies
• Valuation report, merger of ASX co with international water purification company
• Litigation expert valuation report (commercial) for a car park owner and manager
• Litigation expert valuation report (matrimonial), significant listed company equity interests
• Valuation of the non-voting shares in an online ordering business, for the acquiror
• Valuation of escrow shares and cash rights, sale of automotive repairs business
• Valuation of intellectual property, licenses and trademarks, private dairy vendor
• Valuation of a privately held chain of health clubs
• Valuation for impairment testing of intangible assets in biotechnology relating to respiratory technology
• Valuation for ASX listed biotech, for demerger transaction
• Valuation review, shareholder dispute private real estate rent roll
In addition, during the year we also valued performance rights, options (listed and unlisted), convertible notes and share based payments for ASX listed companies in a variety of sectors including Exploration, Mining, Biotech, Industrial, Agricultural, Dairy, Technology, Financial.

Established in 1999, SLM – www.slmcorporate.com.au – provides a range of financial and strategic advisory services.

The firm undertakes three broad areas of work:
• Transaction advice, including mergers, acquisitions, sales and capital raisings for both listed and privately owned companies;
• Expert reports (valuations, economic consulting, strategy, litigation, economic assessments, reward structuring and remuneration benchmarking);
• Originating investment opportunities for our network

For further information, please contact Barry Lewin on +61 419 302493 or barry.lewin@slmcorporate.com.au

28 Aug

SLM Corporate acts as Corporate Adviser to ASX-listed toy and family lifestyle goods distributor Funtastic Limited in relation to a $8.2 million capital raising.

SLM Corporate is pleased to announce that it has acted as Corporate Adviser to ASX-listed toy and family lifestyle goods distributor Funtastic Limited in relation to a $8.2 million capital raising.

The capital raising was conducted as a partially underwritten pro-rata renounceable entitlement offer, and in conjunction with a restructuring of the company’s debt facilities, will return the company to a more sustainable and stable financial position and provide it with the balance sheet capacity and flexibility to pursue new growth opportunities.

SLM’s role as Corporate Adviser encompassed provision of transaction structuring and pricing advice through to preparation of ASX presentation and disclosure materials and overall project co-ordination.

For further information, please contact SLM Director Eugene Tong

14 Nov

SLM Corporate appointed by Kentucky Fried Chicken Pty Ltd (KFC Australia) in relation to the potential divestment and re-franchising of approximately 100 company-owned KFC outlets across Australia.

In Announcements,Important,M&A Advisory,News by SLM / November 14, 2016 / 0 Comments

SLM Corporate is pleased to announce that it has been appointed Corporate Adviser to Kentucky Fried Chicken Pty Ltd (KFC Australia) in relation to the potential divestment and re-franchising of approximately 100 company-owned KFC outlets across Australia.

KFC Australia is a subsidiary of NYSE-listed Yum Brands Inc, which also owns and operates the Pizza Hut and Taco Bell restaurant chains.

In its role as Corporate Adviser, SLM will be overseeing and conducting the divestment process which will involve the sale of company-owned outlets to a range of existing franchisees who have attained “growth partner” status within the KFC franchise system.  The divestment process is scheduled for completion by December 2017.

For further information in relation to this matter, please contact:

Barry Lewin
Managing Director
SLM Corporate
W: 03 9244 9644
M: 0419302493
barry.lewin@slmcorporate.com.au

Kuo ning Ho
Director
SLM Corporate
W: 03 9244 9666
M: 0430809555
barry.lewin@slmcorporate.com.au

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