The Mid-Market Deals 2014 Conference – Data And Case Studies On Recent Deals

Date 10th Nov 2014
Times 08:50 - 17:30
1 participant £495.00 + VAT (£594.00)
2 participants £450.00 + VAT (£540.00) each
5+ participants £400.00 + VAT (£480.00) each
SRA CPD Hours 6

Confirmed speakers from:

cavendish     ING-Corporate-RGB_WithWhiteSpace

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rbsFitch Ratings no Tagline Two Colour

pwc      Bar_Bevel_2C_V

S&M Logo 525 spot CMYK         Citi             KPMG_blue plus strapline trans bkgrd  01-11 LDCPELO-Colour-logo   GTlogo-primary-strapline-CMYK2012DEL_PRI_RGB        simmons

 

Sponsored by:

Fitch Ratings no Tagline Two Colour          dlogo_screen_rgb_large

BvD Logo JPG

 

SPONSORSHIP OPPORTUNITIES

Redcliffe has sponsorship opportunities available for this conference. If your company is interested or if you would like more information, please email us on: enquiries@redcliffetraining.co.uk

 

Corporate finance conferenceWelcoming note from the conference chairman:

 

Redcliffe’s conferences have become increasingly popular over the last few years. The annual conferences on Debt and Private Equity, which featured a wide range of key decision makers, attracted large audiences. Following in the wake of these successful events, Redcliffe have pleasure in launching a new conference on deals taking place within the Mid-Market corporate arena.

Mid-Market firms are the unsung heroes of the economic landscape, with firms in this segment occupying an increasingly important part of the European economy. In the UK alone, some 28,000 Mid-Market companies delivered over one third of the total economic contribution. This position is reflected in the larger countries across Europe (Germany, France and Italy) which also generate about one third of private sector revenue and employ about a third of each country’s workforce [source: GE Capital]. It is therefore hardly surprising that there is plenty of scope for corporate finance transactions – acquisitions, disposals, management buy-outs, refinancings and even stock market flotations – within this firmament.

This conference addresses many of the types of deal that have been taking place in the mid-market over the past year and looks forward to 2015. It focusses in particular on acquisitions and disposals, examining the different methodologies deployed by corporates in their quest to bring about a successful transaction and enhance shareholder value. It also places considerable emphasis on the use and availability of debt finance, exploring the various ways in which debt can be introduced into a deal and the properties of the suitable debt instruments. The overseas dimension regarding disposals, which has of course become more relevant in recent years, is considered with interesting examples, and the conference also covers the latest developments in the world of management buy-outs. No conference on mid-market deals would be complete, however, without a review of the latest trends in valuation, and this issue is also given prominence.

We look forward to welcoming you to this conference.

Pierre Chabrelie
Global Co-Head of Corporate Finance
ING Bank

 

Mid Market Deals conference

The Mid-Market Deals 2014 Conference Programme:

 

08:15 – 08:45 Coffee & Registration

08:50 Chairman’s Opening Remarks
Pierre Chabrelie, Global Co-Head of Corporate Finance, ING Bank

09:00 Overview of Mid-Market Deal Activity: The shift in Funding Mix and Alternative Investors
Karl Nolson, Managing Director Debt Finance – Corporate Banking Origination, Barclays

Key themes will include:

  • Drivers for debt capacity and demand
  • Considerations when looking at funding structures
  • When to access alternative funding markets
  • Alternatives such as non-bank lending, private placements, bonds

Questions & Answers

09:25 The Big Issue – The questions and opportunities facing buyers, sellers and investors in the Mid-Market (Panel Discussion)
Moderator: Pierre Chabrelie, Global Co-Head of Corporate Finance, ING Bank

  • The lawyer; are we loved or tolerated?
    • Alistair Hill, Managing Associate, Simmons & Simmons LLP
  • The CF advisor; our role as Master of Ceremonies
    • Sriram Prakash, Global Head of M&A and Growth Insight, Deloitte
  • The Private Equity Investor; what’s our worth and are we here to stay?
    • Vladimir Lasocki, Managing Director, The Carlyle Group

10:10 UK Mid-Market Deals
Paul Tomasic, ‎Managing Director – Healthcare Investment Banking, Citi

  • Review of UK Mid-Market deal activity
  • Balancing the exit option: IPO vs M&A
  • Pre-marketing: When does an M&A exit begin?
  • The role of Private Equity

Questions & Answers

10:45 Morning Coffee & Networking Opportunity

11:05 Valuation in the Mid-Markets
Heather Gray, Partner – UK Head of Valuations, KPMG

  • Key issues surrounding the mid-market
  • Latest ideas and trends
  • Case study examples

Questions & Answers

11:40 Financing Deals in the Mid-Market
Dave Rome, Managing Director, Head of Loan Markets, UK, RBS 

  • The availability of bank finance
  • What is the universe of lenders
  • Debt diversification
  • Trends in the market
  • Market outlook

Questions & Answers

12:15 How to find overseas buyers
Lord Leigh of Hurley, Senior Partner, Cavendish Corporate Finance

  • Current level of interest in UK buyers from overseas buyers
  • Why seek an overseas buyer?
  • Why would an overseas buyer be interested in your business?
  • How to find a premium buyer
  • Problems in dealing with overseas buyers
  • Local knowledge vs London research
  • Financing for overseas purchasers

Questions & Answers

12:50 Lunch & Networking Opportunity

14:05 Achieving Success with Mergers & Acquisitions: Making Deals Happen
Alan Dale, Partner – Corporate Finance, Grant Thornton UK LLP

Operational aspects of:

  • Due Diligence
  • Integration & Separation
  • Synergy
  • Benefits Realisation

Questions & Answers

14:40 Trends for Mid-Market LBO’s: A Ratings Agency Perspective
Cécile Durand Agbo, Senior Director – Leveraged Finance, Fitch Ratings

  • Credit Quality: Stabilisation
  • Leverage Levels 2011 – 2014
  • Defaults: Where are we now?
  • Recoveries: Recent developments and prospects

Questions & Answers

15:15 Afternoon Tea & Networking Opportunity

15:35 European Done Deals in the Mid-Market
Jim Murray, Director – Corporate Finance UK, PwC

  • Focus on Deals between £50m and £500m
  • Key deal themes
  • Hot sub-sectors

Questions & Answers

16:10 MBO’s & the Mid-Market team: Raising Finance and Structuring the deal
Tim Farazmand, Managing Director, LDC

  • A representative from the private equity firm
  • A representative from the management team that the PE firm backed

Questions & Answers

16:45 Dual track M&A/IPO sale processes – lessons to be learned
Kathy Hughes, Partner, Slaughter and May
Susannah Macknay, Partner, Slaughter and May

  • Process considerations: keeping both options open
  • Aligning management and shareholder interests
  • Separate advisory teams?
  • Disclosure of forward-looking information to M&A bidders – the information memorandum v. the prospectus

Questions & Answers

17:20 Chairman’s Closing Remarks

17:30 End of conference

 

 

Please note that this event is a conference and not a training course. Participants will listen to many expert speakers and will have the opportunity to ask questions, but there is no formal training, exercises or tuitional material being delivered. Should this be your objective, Redcliffe organises several training courses in this and related subjects. Please click here for full details.

Book and confirm your place

Conference Cost

£495.00 + VAT