What are cash equity deals for freelancers

(Senior) Project Manager M&A, Distressed M&A, Acquisitions, JV, Succession

Professional focus of this freelancer

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Austria

Switzerland

I would prefer to be contacted for projects in these locations.

10/2018 - today

2 years 7 months

Director Business Development & Strategic Projects

American Axle & Manufacturing (AAM)
  • Deal Leader on the acquisition of Mitec AG from bankruptcy with a turnover of approx. € 190m
    • Coordination of 12 internal specialist teams with approx. 80 employees and 5 consulting firms (Financial, Commercial, Environment, Legal and Tax DD)
    • Conducting negotiations with banks, insolvency administration, customers, employees / unions and leasing companies as part of the asset deal
    • Internal presentation of the project in the Corporate Strategy Committee (CEO, CFO, President, BU management)
    • Day 1 and Day 100 responsibility and support for the new plants as part of the post-merger team
  • Dear Lead on acquisition of a European competitor with c. € 450m turnover (canceled)
  • Support on divestment projects in USA and India (canceled)
  • Joint venture negotiations with Inovance China (300124.SZ) in the field of e-drives
  • Shareholder representative of an Israeli auto tech start-up Softwheel (Invest USD 3m -1st Round: renamed into REE Automotive and taken public (NASDAQ) via SPAC valued at USD3.1b on 2/3/2021)

10/2007 - 09/2018

11 years

Automotive, Private Equity and Industrial Markets

Mergers & Acquisitions

Transactions (completed):

  • Advising Family Tönsmeier on the sale of its waste services business (€ 500 million turnover) to Lidl
  • Advising a family business in the field of Nodular Iron Casting with € 150m sales on its sale to Orlando PE
  • Advising Finatem on the disposal of WST Präzisionstechnik (2016)
  • Advising the shareholder of Letrika d.d. on disposal to Mahle GmbH (2014)
  • Advising Perusa Private Equity on the disposal of Buderus Feinguss (2013)
  • Advising IHI on an acquisition of a JV-Stake from Daimler with a sales volume of € 500m
  • Advising YMOS GmbH on the sale to Boryszew (2012)
  • Advising Mitsubishi Motor Corp. on the sale of NedCar a production plant in the Netherlands (2012)
  • Advising the insolvency administrator on the sale of Angell-Demmel Europe assets to Faurecia Automotive (2010)
  • Advising Landesbank Rheinland-Pfalz on its disposal of Hüco Lighting (2008)

 

Broken deals:

  • Advising a private Caravanning producer (€ 2bn sales) on its attempt to acquire an European competitors (€ 350m)
  • Advising a family holding company (€ 12bn sales) on a non-core disposal of an industrial services business
  • Advising SAG Automotive on the attempted takeover of Trost Autoteile (€ 900m sales)
  • Advising Magna on its attempt to buy Opel Europe (OEM) (2008)
  • M&A buy-side for a German automotive supplier on the acquisition of Plastal AB out of insolvency (2008)

08/2004 - 09/2007

3 years 2 months

Industrial Markets, Family Businesses and Private Equity

Mergers & Acquisitions
Frankfurt, Germany am Main, Germany

Transactions:

  • Advising Brose Fahrzeugteile on the acquisition of Siemens' Electronic Motors Business with € 700m sales
  • Advising fire powertrain to raise growth capital
  • Advising 3i on its acquisition of Norma Group and subsequent add-on acquisitions ABA (Sweden) and Breez (US)
  • Advising Poppe & Portthoff on its acquisition of Meister Group
  • Advising the insolvency administrator on its sale of Schlingmann

 

Broken deal:

  • Advised on disposal of Karessorie-Werke-Dresden (€ 100m sales)
  • Advising a MBI candidate on the attempt to carve-out a business unit from a public company

01/2004 - 04/2004

4 months

Prepared a company valuation of an IT services company

Analyst, corporate finance
  • Prepared a company valuation of an IT services company
  • Supported in the conception phase to raise a debt fund

08/2003 - 12/2003

5 months

Support in various acquisition processes

Advent International Corporation
  • Support in the acquisition of Möller Group (€ 700m sales) from a consortium of lending banks / trustee
  • Support in various acquisition processes i.e. screening the market, meeting M&A advisors, study the IM, prepare an indicative bid and due diligence
  • My screening lead to a successful acquisition of Sportfive a sports agency

10/2002 - 08/2003

11 months

Support a management team on target evaluation

  • Support a management team on target evaluation with the aim to consolidate a niche IT servicing space
  • Support on ongoing projects i.e. due diligence coordination, company valuation, contract review as well as presenting major findings towards the investment committee

03/2002 - 05/2002

3 months

Developed on an LBO model

  • Support in drafting an Equity Story for the proposed IPO of KTM Motorbikes
  • Analyzed business opportunities in the field of public-to-private
  • Developed on an LBO model

09/2001 - 12/2001

4 months

ECM

Dresdner Kleinwort Wasserstein
  • Supporting structuring and pricing of capital increases and convertible bonds
  • Development of an Excel-based model for the rebalancing of the DAX 100. Analysis of the investment streams of index trackers as well as identification of business opportunities from the change in the weighting since an capital increase lead to higher free float and inclusion in the DAX index

07/2000 - 10/2000

4 months

Supporting GetMobile at the 3rd round of funding of € 112m pre-IPO equity

  • Support in all phases of the transaction process, especially when preparing pitch documents, marketing documents, data spaces and financial analyzes
  • Supporting GetMobile at the 3rd round of funding of € 112m pre-IPO equity

07/1998 - 10/1998

4 months

Creation of corporate guidelines and process instructions

Corporate organization / IT controlling
  • Creation of corporate guidelines and process instructions
  • Support for the budgeting process as well as business planning for the IT sector (€ 600 million of service volume) Subsequently this unit was caved-out and sold to Deutsche Telekom
Products / standards / experiences / methods

Profiles:

Senior professional aiming to profitably double sales in Europe while providing data driven advice on operational and market driven changes as well as the necessity of transformational transaction. Highly successful in building up relationships with decision makers. Customer-focused and performance-driven. Demonstrated proven leadership skills while leading teams on various transactions adding up to a combined sales volume of € 3.5bn.

SELECTED ACHIEVEMENT HIGHLIGHTS:

  • Deal team leader on the corporate acquisition of Mitec achieving an acquisition price of 2.7x EBITDA
  • Delivered superior returns / outcomes in automotive transactions. Examples include Finatem’s exit of WST to Cathy Capital achieving 5x cash multiple, public-to-private of Letrika (SI: IALG) to Mahle, a € 160m deal which achieved a 160% share price premium
  • Lead successful buy and sell-side automotive transaction involving Asian parties e.g. advised Perusa Partners on its disposal of BFG Castings to Impro China (1286: HK) or advised IHI Corporation Japan (TYO: 7013) on its acquisition of JV stake in the field of automotive turbo chargers (€ 500m sales)
  • Consistently managed landmark projects like Getrag’s IPO attempted (subsequently sold to Magna (NYSE: MGA) in € 1.8bn deal) or Magna’s proposed acquisition of Opel (€ 5bn deal value)

American Axle & Manufacturing (NYSE: AXL):
Business development professional focused on strategy development for profitable growth, customer diversification and technology advancement amid market expansion

Transformation through transactions:

  • Successful acquisition of global business with HQ in Germany out of insolvency
  • Joint venture negotiations with Inovance China (300124.SZ) in the field of e-drives, program and product management support
  • Multiple efforts to buy competitors and drive sector consolidation in Europe

Internationality:

  • Led and motivated worldwide deal teams comprising of more than 70 employees


Relationships:

  • Senior relationship development with key players in the market - driving network

PRIOR EXPERIENCE:
Functional leadership positions with a focus on strategic analysis, valuation and transactions in the following organizations KPMG, PWC, Advent International, One Equity Partners, Dresdner Bank (now CommerzBank), Cazenove (now JP Morgan) and Volkswagen AG. Achievements include advising on ~ 30 transactions with a combined sales volume of € 3.5bn. Projects encompass sell-side and buy-side M&A, leveraged buyouts, and raising of debt and equity financings


2017, online

MIT Management Executive Education, Leading Organizations and Change

2016, on campus

Harvard Business School Executive Education, Driving Digital and Social Strategies

2002

Diploma in Business Administration (equivalent to an MBA), Goethe University, Frankfurt, Germany