Representative transactions executed by I.C.P.C. Advisory principals across their combined careers — including mandates completed at Société Générale CIB, Rothschild, Natixis, Bank of America, National Bank of Abu Dhabi and First Abu Dhabi Bank, as well as under I.C.P.C. Advisory. USD 14B+ combined track record across 32 countries and 3 banking cultures. Recognised work includes a Euromoney MEA Best Deal of the Year and World Bank-supported privatisation programmes. Selected and not exhaustive. One transaction is named because it is a matter of public record; for every other, names of parties are withheld and sizes and dates are approximate or omitted.
Real estateAbu DhabiMerger
Aldar Properties · Sorouh Real Estate — merger of equals
Merger of the two listed Abu Dhabi real-estate companies into a single national champion, effective June 2013. Joint financial adviser to the merger steering committee alongside Goldman Sachs International — mandate executed in-house at National Bank of Abu Dhabi. Euromoney MEA Best Deal of the Year — 2013.
BankingMEAPrivatisation
State-owned bank privatisations — World Bank-supported
Sell-side privatisation advisory on several state-owned banks under World Bank-supported programmes.
Environmental infrastructureCaspianAdvisory
Rehabilitation and extension of a national wastewater treatment plant
Advisory on a landmark municipal wastewater programme for a Caspian capital — capacity extension, two new biological treatment lines and aeration upgrade, within a World Bank-supported urban sanitation effort.
TelecomNorth AfricaBuy-side
Acquisition of a controlling stake in a national telecom
Acquisition of a controlling interest in a national telecommunications operator.
TelecomWest AfricaBuy-side
Acquisition of a national mobile operator
Cross-border buy-side mandate for the acquisition of a national mobile operator.
TelecomNorth AfricaBuy-side
Acquisition of a 2G/3G mobile license
Advisory on the acquisition of a national 2G/3G mobile license.
TelecomNorth Africa / AsiaJV
Joint venture with a national telecom incumbent
Structuring of a joint venture with a national telecommunications incumbent.
EnergyPan-AfricaBuy-side
Acquisition of downstream fuel assets across 19 countries
Buy-side advisory on the acquisition of a major downstream fuel-distribution network spanning nineteen African markets.
Energy / renewablesEurope / MENABuy-side
Acquisition of an onshore wind-farm portfolio
Acquisition of an onshore wind-farm portfolio — among the first renewables M&A transactions in the MENA region.
Oil & gasNorth AfricaJV
Fairness opinion and JV structuring — national oil company
Fairness opinion and joint-venture structuring for a national oil company.
Oil & gasGulfJV
Fairness opinion and JV — Gulf national oil company
Fairness opinion and joint-venture advisory for a Gulf national oil company.
Energy / E&PAfrica / CanadaSell-side
Sale of an oil & gas producer
Advisory on the disposal of an oil & gas exploration-and-production group.
Steel & metalsGulfSell-side
Sale of an integrated steel producer
Sell-side advisory on the disposal of an integrated steel producer to an international strategic buyer.
SteelNorth AfricaBuy-side
Potential acquisition of a steel company
Buy-side advisory on a potential acquisition in the long-products steel sector.
Building materialsLevantBuy-side
Acquisition of cement assets
Successive acquisitions of cement assets for an international building-materials group.
Consumer financeGulfBuy-side
Acquisition of a consumer-finance company
Acquisition of a consumer-finance platform by a leading regional bank.
InsuranceGulfECM
IPO of a takaful insurer
Initial public offering of a takaful insurance company on a regional exchange.
ExchangesGulfAdvisory
Proposed merger of two stock exchanges
Advisory on the proposed merger of two regional stock exchanges.
MaritimeNorth AfricaPrivatisation
Privatisation of a national shipping line
Buy-side advisory for a European strategic acquirer on the privatisation of a national maritime carrier.
Rail / infrastructureLevantAdvisory
Set-up of a national rail network
Advisory on the structuring and set-up of a national rail network.
Aviation servicesEuropeBuy-side
Acquisition of a ground-handling group
Buy-side advisory on the acquisition of an aviation ground-handling and services group.
InfrastructureW. EuropeSell-side
Disposal of a parking-concession operator
Sell-side advisory on the disposal of a parking-concession infrastructure operator.
HealthcareGulfCapital raise
Equity raise for an integrated healthcare provider
Equity raise for an integrated healthcare-services provider.
Agro-industryNorth AfricaJV
Large-scale intensive-agriculture platform (30,000 ha)
Joint-venture structuring and capital raise for a 30,000-hectare intensive-agriculture platform. Ongoing.
Fintech / paymentsGulfMarket entry
Multi-country market entry for a payments platform
Multi-country market-entry strategy and set-up for a payments platform. Ongoing.
Clients advised
Named clients of the partnership across I.C.P.C. Advisory mandates and senior bank roles, 1998 to 2016. Listed alphabetically and not matched to the transactions above.
ABU DHABI SECURITIES EXCHANGEALDARALTRANARCELORATARIBOUYGUESCGGCITY OF TOKYOCMA CGMe& (ETISALAT)EDFEXPRESSO TELECOMFRANCE TÉLÉCOMGOVERNMENT OF ALGERIA — MINISTRY OF PRIVATISATIONGOVERNMENT OF AZERBAIJANKEPCOKOREA TELECOMKUWAIT PETROLEUMLAFARGELECICOMETRO AGMITTAL STEELMSC SHIPPINGMTN GROUPNATIONAL TAKAFULPAI PARTNERSPERNOD RICARDRMC plcSOCIÉTÉ GÉNÉRALESONATRACHSOROUHSUDATELTEPCOTHEOLIAUBISOFTUNITED EASTERN MEDICAL SERVICESVEOLIAVERALLIAVINCIVITOLVIVENDI
Mandates executed in-house at First Gulf Bank and National Bank of Abu Dhabi, since merged into First Abu Dhabi Bank.