Hayward Tyler Group plc is a leader in the design, manufacture and servicing of performance-critical motors and pumps for the harshest of environments. Core markets for the group include: oil & gas exploration; power generation – both conventional and nuclear; and the chemical/industrials sector. With facilities in the UK, US, China and India, the Group has a proven reputation for providing innovative, reliable technological solutions built on a proud heritage stretching back over 200 years.
Hayward Tyler has been advised by Akur since its London IPO (by reverse takeover) in January 2010.
About the transaction:
Akur acted as rule 3 financial adviser (under the Takeover Code) and debt adviser in relation to a substantial strategic investment from MBE Engineering Pte
Sale of asset management contract to Guggenheim Group (£Undisclosed)
About the client:
Akur Capital
About the transaction:
The sale of Akur’s asset management contract to the Guggenheim Group was the culmination of a significant turnaround in the operation and scale of Infrastructure India plc, from a sub scale infrastructure fund, to one which almost quadrupled in size under Akur’s management to approximately £170m market capitalisation and over £250m enterprise value. Akur spent over three years working on the project and was proud to conclude the sale of the asset management contract to such a well-known and respected group.
Cayetano is a developer of online casino and mobile games, supplied to gaming operators. Founded in 2009, games built by its team of developers based in Sofia, Bulgaria are licensed to some of Europe’s largest gaming operators.
About the transaction:
Akur was brought into the process by the founder and CEO of Cayetano following an unsolicited approach by Paddy Power Plc, Cayetano’s first client, seeking to have an exclusive in-house slot games development team.
Akur’s advice contributed to Cayetano extracting an attractive consideration from Paddy Power
NBPOL is the world leader in the production of sustainable palm oil, from its extensive plantations in Asia. Akur (and the partners at Akur) advised NBPOL during its IPO in December 2007 on the Main List of the London Stock Exchange, when it was valued at c.£380m all the way through to its eventual takeover in 2014 by Sime Darby for £1.1bn – no further equity was issued during the period NBPOL was listed.
About the transaction:
Akur led the refinance of a significant acquisition loan of c.$175m from Standard Chartered into a long term facility of $240m from OCBC.
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