Coffeeheaven

Coffeeheaven Limited
Date: December 2009
Deal Size: £36m public takeover by Whitbread PLC
About the client: The largest chain of coffee stores in Central Europe (90 stores), with outlets in Poland, Czech Republic, Hungary, Romania and Latvia
About the transaction: Akur originated and negotiated sale of coffeeheaven to Costa Limited (a subsidiary of Whitbread Plc). Akur’s team were able to drive a valuation of 15x EBITDA the business sold at an 81% premium to share price on Akur’s appointment (24p versus 13.25p)
Lead: David Shapton
Coffeeheaven

Unity Power plc

Unity Power plc
Date: November 2009
Deal Size: £20m convertible loan facility
About the client: Unity Power plc successfully restarted a significant coal mine in Wales, UK, strategically located with access to rail links to supply high quality thermal and metallurgical coal
About the transaction: Akur delivered a £20m convertible loan facility to Unity after an extensive period of marketing, the funding party was a large integrated global commodities group
Lead: Tom Frost
Unity Power plc

The Shaw Group

The Shaw Group
Date: September 2009
Deal Size: $6m sale of 50% interest in fund management group
About the client: A Fortune 500 US company, The Shaw Group provided engineering, construction, maintenance, technology, fabrication, remediation and support services for energy, chemicals, environmental, and infrastructure sectors.
About the transaction: The Shaw Group owned 50% of a fund management venture – Energy and Climate Advisers (E&CA) that advised a UK listed clean energy company (Leaf Clean Energy Company), Akur advised The Shaw Group in its exit of this holding.

Leaf Clean Energy Company is a renewable energy and sustainable technology investment company, which has raised and deployed c.£200m.

Lead: Tom Frost
The Shaw Group

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