Project Switch

Project Overview

Our Client is one of only four ATM switching networks in Indonesia. At the time of our mandate, it was pursuing an expansive growth strategy. It was seeking to grow its traditional business while also developing new business models not currently on its network and in the fintech space.

Our objective was to assist the Client in identifying a strong strategic equity partner to support it and its strategy.

Challenges

• Licenses and regulatory oversight limited the potential universe of foreign and domestic strategic partners and complicated the approval of any changes in shareholdings.

Our Approach

• Determined, in conjunction with the Shareholder, the Client, and their legal advisors, an overall transaction strategy and financing structure including: (i) Development of an optimal negotiating strategy defining the critical deal points and parameters; (ii) Assisting the Client with refining its strategy and financial projections for presentation to the Investors; and (iii) Development of an information presentation/pitch book for the Investors;
• Led and managed the process of obtaining preliminary commitments from the Investors;
• Managed the transaction process through execution and closing; and
• Coordinated the activities of other professionals as necessary to support the execution of all necessary documentation.

Outcome