ConnellGriffin

Overview

ConnellGriffin (�CG�) is a leading advisor to governments on the largest and most complex infrastructure projects across the road, rail, social infrastructure, utilities, aviation and maritime sectors. At the time of engagement CG employed ~80 staff across the East Coast of Australia with a particularly strong presence in the New South Wales.

Following unsolicited inbound interest, 333 Capital was appointed by the shareholders of CG as the company�s exclusive financial advisor to identify a partner to accelerate growth at a faster rate than could be achieved through organic growth alone

Our approach

333 Capital designed a tailored process to provide the shareholders with a choice of potential partners on competitive terms.

As lead advisor throughout the transaction, 333 Capital�s role included:

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• Designing the overall transaction strategy, which included responding to a series of unsolicited offers from interested parties and converting this interest into process participation as well as introducing new parties to CG.
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• Assistance with preparing the business for investment including supporting with the documentation of strategic and growth plans.
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• Identifying, targeting and engaging with potential growth partners.
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• Facilitating an efficient due diligence process including managing a extensive data room, external advisors and QA process.
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• Negotiating a comprehensive suite of transaction and equity documents.
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Outcomes

333 Capital designed a tailored process to provide CG\'s shareholders with a choice of potential partners on competitive terms. This was achieved despite the heightened complexity of the transaction, as a successful outcome required the cooperation of almost 50 employee shareholders.

The process ultimately led to ?Pemba Capital Partners investing a majority stake into the business, launching CG\'s next stage of strategic growth.

Pemba Capital Partners have a strong cultural alignment with CG and have given the shareholders confidence that they can support them in achieving their growth plans.