LCC Advises WearX on Divestment to leading global industrial company Metso

LCC has provided strategic and financial advice to WearX in its successful divestment to leading Finnish player Metso.

The trade sale process run by LCC saw 4 final binding proposals tabled, in a targeted process where less than 8 parties were approached.  All final proposals were from international parties, confirming the strength in LCC’s cross border expertise to target & successfully execute M & A transactions in today’s “borderless” business community.

The final valuation for WearX was strong, although it remains confidential.  It would be described as a “lower mid market” sized transaction with a valuation multiple exceeding 11x TEV / EBIT on FY17A numbers (which translates into circa 9x Forward multiple on FY18B)

LCC continues to see strong demand for mining technology products & services plays from international parties, and anticipates additional deals happening within this vertical over the coming 6 to 12 months

Mining Investment Middle East & Central Asia

Nicholas Assef to give Keynote address at Mining Investment Middle East & Central Asia today.

Learn more about the conference here: mininginvestmentmiddleeast.com

Twitter Feed for China’s One Belt, One Road commenced

Following the success of our feed @MergerNews LCC has commenced a Twitter feed to follow developments along China’s One Belt, One Road Initiative. Developments can be tracked by following the feed at @ChinaBeltRoad

LCC Asia Pacific wins industry award in New York

LCC Asia Pacific has won the prestigious Asia Deal Of The Year at the 9th Annual International M&A Awards in New York on 12th June

Nicholas Assef speaks on “One Belt One Road” in New York

Nicholas Assef has spoken at the International M&A Symposium on 12th June as a part of a Leadership Round table on China’s “One Belt, One Road” Initiative

Nicholas Assef Regional Finalist in NSW Business Chamber Awards

Nicholas Assef has been selected as a Regional Finalist in the NSW Business Chamber 2017 awards in the category of “Business Leader”

LCC Asia Pacific Regional Finalist in NSW Business Chamber Awards

LCC Asia Pacific has been selected as a Regional Finalist in the NSW Business Chamber 2017 Awards in the category of “Excellence in Small Business”

LCC Asia Pacific establishes Brisbane office

LCC Asia Pacific has formalised a presence in Brisbane after a 6 month trial period. With 3 professionals on the ground a presence has been established at 123 Eagle Street Brisbane.

LCC is looking for a dedicated financial modeller

LCC Asia Pacific is a specialist Corporate Finance & Strategy Firm that undertakes complex transactions and initiatives on behalf of its domestic and international clients.

In testament to LCC’s commitment to excellence, the Firm has recently been selected as a finalist in a number of Industry Award categories, including “Boutique Investment Banking Firm Of The Year”. Those M & A Awards will take place in New York in June.

Financial modelling is a core part of LCC’s service commitment to clients, and during the 2nd half of 2017 the Firm is focusing in the building out of a dedicated financial modelling practice which will be offered to clients independently of strategic advice.

Learn more about this job posting on seek

LCC Asia Pacific Finalist In Multiple Deal Categories At 9th Annual International M&A Awards in New York

LCC has been selected as a finalist in multiple categories at Industry Awards in New York in June 2017.  These categories include “Asia Deal Of The Year”, “Industrial Deal Of The Year Up To $150million”, “Cross Border Deal Of The Year Up To USD $25 million” and “Boutique Investment Banking Firm Of The Year”.  The awards dinner is to be held at the New York Athletic Club on Monday June 12th.