We were the sole financial adviser on the sale of Pacific Coffee Holdings Limited, a local coffee retail outlet, on its HK$205 million sale to Chevalier iTech Holdings Limited.

• overall timetable and deal management
• bidder identification
• design and implementation of competitive auction process
• industry analysis
• valuation
• negotiation on behalf of vendors

• utilising local knowledge to identify a ‘non-traditional’ buyer
• achieving pricing that represented 8.5 times 2005 EBITDA and 22 times 2004 earnings
• advising on transaction implications re Stock Exchange Listing Rules
• establishing special purpose warrantor and escrow account