Laurent Richer
Investment banker, UBS
Currently taking a sabbatical year to travel around the world, mainly in Asia.
Will resume working in August 2011.
Strongly looking for opportunities in Thailand (Investment Banking, Private Equity, Venture Capital, Corporate Finance in a French group subsidiary), as well as opportunities in M&A and PE in Paris
Areas of expertise:
- Financial modeling (acquisition, disposals, LBOs...)
- Valuation
- M&A process management (sell-side, buy-side)
- Leverage Finance
61 contacts2009 - 2010• Public transactions:
- In charge of due diligence for the issuance of Air France €661m 2015 OCEANEs (convertible bonds)
• Unsuccessful M&A executions
- Advisor to Axa Private Equity, Charterhouse and Chinese Investment Corporation for the acquisition (process phase I) of Areva T&D (French power transmission and distribution company): process management, valuation, debt capacity analysis
- Advisor to Axa Private Equity, Chaterhouse and Innovation Corporation of Japan for the acquisition (process phase II) of Areva Transmission & Distribution division: process management, valuation, debt capacity analysis
• Numerous liquidity analysis
2008 - 2009• Restructuring:
- Advisor to Orco Group (multi-listed Real Estate company) for its restructuring: modeling of Group debt (140+ bonds and loans), covenants and guarantees mapping, preparation of materials for negotiation with lenders and equity raising, preparation for safeguard filling (French equivalent of Chapter 11)
• Leverage Finance :
- Advisor to Doughty Hanson on the €445m LBO financing for the €750m acquisition of TMF Group (Dutch management and accounting outsourcing company)
- Advisor to Reed Elsevier on the unsuccessful staple financing for the sale of RBI (UK B2B media publishing company)
- Advisor to Roche (Swiss healthcare company) on the unsuccessful acquisition financing of Genentech
- Numerous LBO modeling and credit committee documents preparation (for both acquisition financing and LBOs)
2005 - 2008• Public transactions:
- Advisor to Safran (French industrial conglomerate) on the sale of its broadband division to the Gores Group for an enterprise value of €383m
- Caisse des Dépôts et Consignations (French public investment group): modeling of a new Infrastructure Fund, with consolidation of contributed assets (Sanef, Millau, TDF…) and social / public accounts of the Subsidiary
- Advisor to Arcelor (French steel company) on its defense against Mittal hostile offer
• Unsuccessful M&A executions
- Advisor to Apollo Capital Partners on their potential acquisition of a stake in Carrefour (French retail company)
- Advisor to Safran on the sale of its mobile division: complete sale-side process
- Advisor to Allianz Capital Partners regarding potential acquisition of Elis (French textile and hygiene company): financing considerations, valuation, process management
- Arc International (French glass maker): advisor to the family owners regarding valuation and potential restructuring of the business
2004 - 20044 months internship in M&A department
• Advisor to Valeo (French car maker) for its acquisition of Johnson Controls’ Engine Electronics division (US)
2003 - 20036 months internship in accounting department
• Several missions for important French corporate accounts