This is the eighth year in which this award is to be made at the DealMakers Annual Awards Dinner to be held at the Sandton Convention Centre on February 15. Candidates are nominated by their peers in the mergers and acquisition industry for their work in South Africa and in Africa. The four leading candidates are as follows (in alphabetical order):
Andrew Brooking (Java Capital)
Andrew Brooking was one of the founders of Java Capital and, since 1999, has been active as a dealmaker and in the equity capital markets. He has extensive advisory experience in the listed property sector and played a central role in Java Capital’s advisory appointments on property IPOs (28 since 2010), mergers and acquisitions and in equity capital markets (raising some R75 billion in equity for real estate companies since 2013).
In 2016, Brooking led Java Capital’s advisory teams on projects including the investment by RMB Holdings of a 25.01% stake in Atterbury, the listing (R9.5 billion) and IPO (R3.8 billion) of Liberty Two Degrees and creating the largest listed property company on the JSE through the merger of NEPI and Rockcastle valued at R81.3 billion.
Colin du Toit (Webber Wentzel)
Colin du Toit specialises in public and private mergers and acquisitions (cross-border and domestic), equity capital markets, corporate restructuring and corporate and transactional finance. He has significant experience across the African continent.
Du Toit has advised on a number of key deals in the past few years: MTN’s B-BBEE transaction (R 9,9 billion); advising Coast2Coast Investments, the biggest shareholder in Ascendis, in respect of its acquisition of Scitec International Sarl and Remedica ($566 million); the listing of MTN Zakhele on the JSE; and AB InBev’s take-over of SABMiller valued at R1.5 trillion.
Piet Ferreira (Steinhoff International)
During his 15 year tenure at Steinhoff, Piet Ferreira was involved with various corporate finance transactions, including Steinhoff’s initial public offering on the JSE in 1998 and the acquisition of Conforama in France in 2011 which was the most notable international transaction concluded by Steinhoff.
Since then Steinhoff has grown significantly and in the last three years he has overseen some of the largest and most complex transactions in various markets including the acquisitions of Pepkor in early 2015, the listing of Steinhoff on the Frankfurt Stock Exchange in December 2015, the acquisition of Poundland in the UK during 2016 as well as the capital raise conducted by Steinhoff during September 2016.
Richard Stout (Standard Bank)
Richard Stout has over the past 13 of these been heavily involved in the equity capital markets of South Africa and sub-Saharan Africa. He has advised corporates on equity and equity-linked capital raisings equating to over 20% of all equity raised during the period.
During 2016, he led a number of high profile equity capital raising to come to market including four of the nine largest cash trades that priced, raising R16.5 billion. These included Dis-Chem’s and Liberty’s IPOs at R4,4 billion and R3.8 billion respectively. He led PPC’s R4 billion rights offer and BidCorp’s R4.3 billion follow-on offering. He was part of the deal team providing capital markets advice on the Bidvest’s R102 billion unbundling of BidCorp, AB InBev’s inward listing on the JSE and its acquisition of SABMiller.
Greig is the editor of DealMakers, SA’s quarterly M&A publication.