case study

      Romstal Leasing: 4th largest private sector M&A deal in 2006

Transaction cornerstones

• BAC Romania has successfully coordinated the sale of the largest independent Romanian leasing company in 2006

• Fourth largest M&A private sector transaction in 2006

• Organized, transparent, competitive sell-side process which lasted 10 months from start to finish

• BAC initially contacted nearly 100 potential investors/buyers which led to 14 preliminary non-binding offers, from which 4 have been invited in the due diligence phase
  

• The target was sold at twice the initial offers from interested buyers and at a P/BV of 7x, at the very top of the valuation range