News - Page 22 of 23 - SLM Corporate

09 Nov

SLM Corporate advises on the successful ASX listing of Clean TeQ Holdings Limited

In M&A Advisory by chopsky / November 9, 2007 / 0 Comments

SLM Corporate is pleased to announce that CleanTeQ Holdings Limited (ASX:CLQ), an emerging Australian technology company in resource recovery and air and water purification had its successful debut on the Australian Stock Exchange on 9 November 2007.

SLM Corporate acted as corporate advisor to Clean TeQ in its float process, and its Managing Director Barry Lewin has joined the Board of Clean TeQ.

About CleanTeQ (ASX: CLQ)
CleanTeQ is an Australian environmental and mining services group focused on developing, commercializing and selling air purification, resource recovery and water purification technologies. www.cleanteq.com

For further information, please contact:

Barry Lewin
Managing Director
SLM Corporate Ltd
Ph: 03 9244 9644
Email: barry.lewin@slmcorporate.com.au

17 Jul

SLM advises on the sale of MessageNet to the ASX listed Photon Group

In M&A Advisory by chopsky / July 17, 2007 / 0 Comments

SLM Corporate is pleased to announce that it has completed the sale of MessageNet to the Photon Group (ASX: PGA).

MessageNet is Australia’s leading business SMS communication specialist, providing SMS services to a wide range of corporate customers including to 50% of the BRW Top 100 companies. MessageNet has more than 1500 corporate clients as a result of its strong reputation for delivering a professional product together with round the-clock customer support.

Photon, listed on ASX with a market cap of approximately $500m, is a specialist marketing services company comprised of five strategic divisions: Strategic Intelligence, Integrated Communications & Digital, Field Marketing, Internet Marketing & Communications and Specialised Communications.

SLM Corporate’s role included:

 Valuing the company for sale;
 Preparing a detailed information memorandum;
 Identifying and contacting a number of potential buyers and receiving bids;
 Advising the company throughout the negotiations with the highest bidder;
 Facilitating the due diligence process; and
 Coordinating the overall transaction.

For further information, please contact:

Barry Lewin
Managing Director
SLM Corporate
Ph: 03 9244 9644
Email: barry.lewin@slmcorporate.com.au

21 Jun

SLM acts as corporate advisor to national supermarket group FoodWorks on its successful $10.4m prospectus raising

In M&A Advisory by chopsky / June 21, 2007 / 0 Comments

SLM Corporate is pleased to announce that FoodWorks has successfully raised $10.4m through its member only capital raising, exceeding its $10.0m target.

FoodWorks was created through the successful merger of two independent groups; FoodWorks Supermarket Group and Australian United Retailers in late 2004. Its members operate 710 supermarkets, food and convenience stores across Australia supporting in excess of $1.35bn in annual sales at the retail level.

SLM identified the appropriate corporate structure for FoodWorks, having regard to the nature of the membership and the future capital requirements, and then presented a range of financing alternatives. Once the members decided to fund the Company from their own resources, SLM worked closely with the FoodWorks Board and internal and external specialists to formulate, then implement, the strategy. This included an extensive consultation process with members, member approval for the restructuring of the Company, and extensive prospectus and due diligence processes.

The result provides FoodWorks with an excellent platform for further growth. FoodWorks will use the capital to invest in the growth of its business including store refurbishment, acquiring new supermarket stores, investing in product development and back-end systems, and attracting and training new retailers.

For further information regarding SLM’s role, please contact:

Barry Lewin
Managing Director
SLM Corporate Ltd
Ph: 03 9244 9644
Email: barry.lewin@slmcorporate.com.au

03 Jul

SLM advises on the sale of NQR to Hastings Private Equity fund

In M&A Advisory by chopsky / July 3, 2006 / 0 Comments

SLM Corporate is pleased to announce that it has advised on the sale of all of the shares in Not Quite Right Pty Ltd (“NQR”) to a private equity consortium led by Hastings Funds Management. Hastings is a significant alternative asset funds manager with $3.6 billion in funds under management in infrastructure, private equity, timberland and high yield debt investments.

NQR is a grocery clearance store group that commenced operations from a single store in West Melbourne in 1987. NQR today has 20 retail stores in metropolitan Melbourne and country Victoria supported by appropriate warehouse and office support structures.

SLM’s role included:

• Valuing the company for sale
• Identifying a number of potential buyers and receiving bids
• Advising the company throughout the negotiations with the highest bidder
• Facilitating the due diligence process
• Coordinating the overall transaction.

For further information, please contact Barry Lewin:

Barry Lewin
Managing Director
Ph: 03 9244 9644
Email: barry.lewin@slmcorporate.com.au

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