CORPORATE FINANCE

Transactions

• Birchwood Management Company (Pty) Ltd

  Birchwood Management Company (Pty) Ltd Debt raising R50 million senior debt facility from FNB November 2009 + download Tombstone pdf Spirit’s Role Sourced, negotiated and structured debt funding

• Queensgate Hotels and Leisure Limited

  Queensgate Hotels and Leisure Limited Capital raising Funding terms confidential September 2009 + download Tombstone pdf Spirit’s Role Sourced investor Negotiated funding terms for client

• Kraft Foods South Africa (Pty) Ltd

  Kraft Foods South Africa (Pty) Ltd Disposal of the business operations of Beechies to Natela Importers (Pty) Ltd Transaction value confidential July 2009 + download Tombstone pdf Spirit’s Role Provided indicative valuation of business Assisted with drafting of Information Memorandum Identified potential purchaser’s Negotiated purchase price, transaction structure and legal agreements on behalf of seller

• Surge Technologies (Pty) Limited

  Surge Technologies (Pty) Limited Acquisition by Clidet No. 914 (Pty) Ltd Transaction value confidential March 2009 + download Tombstone pdf Spirit’s Role Project managed the transaction Negotiated transaction structure and legal agreements Sourced debt and equity finance

• Web Africa (Pty) Ltd

  Web Africa (Pty) Ltd Partial sale of business Transaction value confidential December 2008 + download Tombstone pdf Spirit’s Role Project managed the transaction Preparation and management of Data Room on behalf of the seller Negotiated purchase price, transaction structure and legal agreements on behalf of seller Project managed Competition Commission submission

• IAMS South Africa (Pty) Ltd

  IAMS South Africa (Pty) Ltd Management buy-out. Transaction value confidential. June 2008 + download Tombstone pdf Spirit’s Role Negotiated purchase price, transaction terms and legal agreements on behalf of purchasers Sourced, negotiated and structured debt funding

• Magic Company Investments (Pty) Ltd

  Magic Company Investments (Pty) Ltd Management buy-out. Transaction value confidential. June 2008 + download Tombstone pdf Spirit’s Role Sourced, negotiated and structured debt funding

• Market Demand Trading 456 (Pty) Ltd

  Market Demand Trading 456 (Pty) Ltd Acquisition of a 15% interest in IPSA Group PLC. Transaction value R119 million. November 2007 Spirit’s Role Sourced, negotiated and structured equity funding

• Innfile Holdings (Pty) Ltd

  Innfile Holdings (Pty) Ltd Acquisition of a majority interest in On Demand South Africa (Pty) Ltd. Transaction value confidential. November 2007 + download Tombstone pdf Spirit’s Role Performed valuation of business Drafted information memorandum Negotiated purchase price, transaction terms and legal agreements on behalf of the purchaser Sourced debt and equity funding

• New Seasons Investments Holdings Ltd

  New Seasons Investments Holdings Ltd Acquisition of a 26% interest in SEW Eurodrive (Pty) Ltd. Transaction value confidential. November 2007 + download Tombstone pdf Spirit’s Role Performed valuation of business Negotiated purchase price, transaction terms and legal agreements on behalf of seller

• Kraft Foods South Africa (Pty) Ltd

  Kraft Foods South Africa (Pty) Ltd Disposal of the business operations of Lecol to The South African Breweries Limited. Transaction value confidential. July 2007 + download Tombstone pdf Spirit’s Role Performed valuation of the business Drafted the Information Memorandum Identified potential purchaser’s Conducted Data Room on behalf of the seller Negotiated purchase price, transaction terms and legal agreement on behalf of the seller

• Equality Food Services (Pty) Ltd

  Equality Food Services (Pty) Ltd Disposal to Tsebo Outsourcing Group (Pty) Limited. Transaction value confidential. March 2007 + download Tombstone pdf Spirit’s Role Identified and secured purchaser Negotiated purchase price, transaction structure and legal agreement of seller

• New Seasons Auto Holdings (Pty) Ltd

  New Seasons Auto Holdings (Pty) Ltd Acquisition of a 51% interest in vehicle dealership network. Transaction value confidential. December 2006 + download Tombstone pdf Spirit’s Role Performed valuation of business Designed optimal transaction structure Negotiated transaction terms and legal agreements on behalf of New Seasons Investments Ltd

• Tsebo Outsourcing Group (Pty) Ltd

  Tsebo Outsourcing Group (Pty) Ltd Acquisition of a minority interest in Wiesenhof Coffee Roastery (Pty) Ltd. Transaction value confidential. October 2006 Spirit’s Role Performed a financial due diligence on Wiesenhof Coffee Roastery (Pty) Ltd Assisted Tsebo Outsourcing Group (Pty) Ltd in designing optimal transaction structure Reviewed and commented on legal agreements on behalf of Tsebo Outsourcing Group (Pty) Ltd

• Datafer (Pty) Limited

  Datafer (Pty) Limited Introduction of equity funding and BEE partner. Transaction value confidential. May 2006 + download Tombstone pdf Spirit’s Role Performed valuation of business Identified Khumo Bathong Strategic Investments (Pty) Ltd and Jemax Management Services (Pty) Ltd as strategic equity partners Sourced equity finance Negotiated transaction terms and legal agreements on behalf of Datafer (Pty) Ltd

• Cerebos Limited

  Cerebos Limited Acquisition by Khumo Bathong Strategic Investments 2 (Pty) Ltd of a minority shareholding in Star Focus 115 (Pty) Ltd, the holding company of Cerebos Limited. Transaction value confidential. May 2006 + download Tombstone pdf Spirit’s Role Drafted Information Memorandum Performed valuation of business Identified and introduced black economic empowerment partner

• Leochem (Pty) Limited

  Leochem (Pty) Limited Disposal of business operations to Chemical Services Limited. Transaction value R100 million. February 2006 + download Tombstone pdf Spirit’s Role Drafted Information Memorandum Performed valuation of business Negotiated purchase price, transaction structure and legal agreements on behalf of seller Project managed Competition Commission submission

• Argent Industrial Limited

  Argent Industrial Limited Acquisition of Toolroom Services (Pty) Limited. Transaction value R55 million. February 2006 + download Tombstone pdf Spirit’s Role Identified target company Negotiated purchase price, transaction structure and legal agreements on behalf of buyer Project managed Competition Commission submission

• Equality Food Services (Pty) Limited

  Equality Food Services (Pty) Limited Acquisition by Khumo Bathong Strategic Investments (Pty) Limited of a minority shareholding. Transaction value confidential. January 2006 + download Tombstone pdf Spirit’s Role Drafted Information Memorandum Performed valuation of business Negotiated purchase price, transaction structure and legal agreements on behalf of buyer

• Sithabile (Pty) Limited

  Sithabile (Pty) Limited Sourcing and structuring of debt finance to facilitate BEE entry. Transaction value confidential. June 2005 Spirit’s Role Drafted Information Memorandum Sourced senior and mezzanine debt finance Negotiated purchase price, transaction structure and legal agreements on behalf of seller

• Polyslit Converters (Pty) Limited

  Polyslit Converters (Pty) Limited Management buy-in. Transaction value confidential. March 2005 + download Tombstone pdf Spirit’s Role Drafted Information Memorandum Performed valuation of business Negotiated purchase price, transaction structure and legal agreements on behalf of buyer Sourced debt and equity finance

• Surge Technologies (Pty) Limited

  Surge Technologies (Pty) Limited Disposal of the business to Prime Empowerment Group Limited. Transaction value confidential. March 2005 + download Tombstone pdf Spirit’s Role Drafted Information Memorandum Performed valuation of business Identified and secured purchaser Negotiated purchase price, transaction structure and legal agreements on behalf of seller

• Xpanda Security (Pty) Limited

  Xpanda Security (Pty) Limited Acquisition by Argent Industrial Limited. Transaction value R49 million. February 2005 + download Tombstone pdf Spirit’s Role Performed valuation of business Negotiated purchase price, transaction structure and legal agreements on behalf of buyer Project managed Competition Commission submission

• Casadee (Pty) Limited

  Casadee (Pty) Limited Disposal of portfolio of industrial properties to Metboard Properties Limited. Transaction value R74 million. March 2004 + download Tombstone pdf Spirit’s Role Drafted Information Memorandum Performed valuation of properties Identified and secured purchaser Negotiated purchase price, transaction structure and legal agreements on behalf of seller

• Delkor Investment Holdings (Pty) Limited

  Delkor Investment Holdings (Pty) Limited Disposal to IST Group Limited. Transaction value R33 million. October 2003 + download Tombstone pdf Spirit’s Role Drafted Information Memorandum Performed valuation of business Identified and secured purchaser Negotiated purchase price, transaction structure and legal agreements on behalf of seller

• Excalibur Vehicle Accessories (Pty) Limited

  Excalibur Vehicle Accessories (Pty) Limited Disposal to Argent Industrial Limited. Transaction value R22 million. January 2003 + download Tombstone pdf Spirit’s Role Drafted Information Memorandum Performed valuation of business Identified and secured purchaser Negotiated purchase price, transaction structure and legal agreements on behalf of seller

• Jetmaster Fireplaces (Pty) Limited

  Jetmaster Fireplaces (Pty) Limited Disposal to Argent Industrial Limited. Transaction value R24 million. August 2002 + download Tombstone pdf Spirit’s Role Drafted Information Memorandum Performed valuation of business Identified and secured purchaser Negotiated purchase price, transaction structure and legal agreements on behalf of seller

• Shotblast Equipment & Spares (Pty) Limited / Hi Alloy Castings (Pty) Limited

  Shotblast Equipment & Spares (Pty) Limited / Hi Alloy Castings (Pty) Limited Management buy-out and group restructure. Transaction value confidential. October 2002 Spirit’s Role Performed valuation of business Secured debt finance Negotiated purchase price, transaction structure and legal agreements on behalf of buyer