A Wharton MBA with 12 years of investment banking experience, Adel has executed several M&A, debt, equity, and restructuring transactions including a $12 billion restructuring of Seadrill, $1.3 billion debt financing for California Resources, and the $85 million sale of Mexx. Recently, he was an executive director at Perella Weinberg Partners in NYC. Adel freelances to help clients with M&A, capital raising, and corporate finance transactions.
Raised $1.0 billion for California Resources, an oil and gas company; negotiated the amendment of the company's existing credit facility and helped the company buyback its junior debt at a discount reducing the company's net debt by $800 million.
Extended the maturity date of $172 million of convertible debt and $70 million operating company debt for a fintech company through a pre-packaged Chapter 11 plan; built the company's financial model and prepared the pitch deck to investors.
Facilitated over 50% increase in recoveries to our clients by leading the business and financial due diligence on Seadrill Ltd, and Ocean Rig, two offshore oil drilling companies; conducted valuation-and-scenario analyses and actively participated in the restructuring negotiations of both companies on behalf of creditors.
Built an operating financial model for Edison Mission Energy, an independent power producer, to evaluate the company's value and capital needs under different operating scenarios. The financial model was used in both the company's M&A and the restructuring processes.
Prepared a healthcare services company for a sell-side M&A process by building their 5-year financial model, supporting their growth initiatives using market research data, and preparing the information memorandum and investor presentation/pitch deck.
Prepared a valuation report on Kinh Do, a Vietnamese food company, which was part of the fairness opinion that was presented to the board of directors of Mondelēz International.
Advised and negotiated term sheets on the financial restructuring and debt refinancing of a number of companies including Seadrill Ltd, iHeart Media, Del Monte, Global Brokerage, Ocean Rig, Remington Outdoor Company, California Resources, and Edison Mission Energy.
Conducted financial and business due diligence, built financial models and performed valuation analysis for companies operating across different sectors including power (Edison Mission Energy), oil & gas (California Resources), offshore drilling (Seadrill and Ocean Rig), retail (Mexx and Coldwater Creek), healthcare (Rotech Healthcare), fintech (FXCM), telecom and media (iHeart and Blackberry), industrial (Hexion and Momentive), and consumer products (Vietnamese F&B company and Del Monte).
Prepared investor presentations and pitch decks that resulted in raising capital and the refinancing of $3 billion of debt financing and $1 billion of equity financing.
Conducted profitability analysis and estimated the customer lifetime value for Brinks Home Security and recommending to investors not to invest; shortly the company filed for bankruptcy.
Focus areas: Mergers & Acquisitions (M&A), Financial Restructuring, Capital Raising, Credit/Debt, Due Diligence, Financial Modeling, Valuation, Pitch Deck, Forecast
2010 - 2010
Madinet Nasr for Housing and Development
Built a financial model and feasibility study for the company's new mixed-use development project located in east Cairo spanning 3.5 million square meters (865 acres) to help the CEO and the management team to evaluate the feasibility of the project and the operating assumptions.
Prepared an investor presentation and attended roadshow meetings with investors in New York along with the CEO that led to expanding the company's investor base.
Developed a cash flow and valuation analysis for the CEO to evaluate a potential acquisition transaction.
Built a financial model and synergies analysis, and conducted valuation analysis for leading regional confectionery company in support of an M&A bid by a regional food-&-beverage company based in Saudi Arabia.
Advised a Swiss-based real estate company on its $3.1 billion acquisition of an affiliated company, co-managed its $208 million IPO on the Swiss Stock Exchange and the led discussions for a dual listing on the Egyptian and Swiss stock exchanges.
Constructed a merger model and conducted valuation analysis in connections with a merger of two textile companies that led to the formation of one of the largest vertically integrated textile companies in Egypt.
Advised a domestic textile company in connection with its acquisition of a small apparel retailer enabling the company to enter the retail space. As part of the transaction, prepared a valuation analysis and conducted business and financial due diligence.
Focus areas: Mergers & Acquisitions (M&A), Capital Markets, Due Diligence, Financial Modeling, Valuation
2004 - 2005
Arab African International Bank
Prepared credit appraisals for corporate clients across multiple industries including building materials, retail, and telecommunication.
Developed a comprehensive database to manage and compare the borrowing activity of our corporate clients with the bank versus other competing banks.
Built a revenue recognition model for securitized loans enabling the branch to establish a revenue recognition mechanism for those loans.
Focus areas: Loans
Master of Business Administration (MBA) degree in Finance and Entrepreneurial Management
2010 - 2012
Wharton School of the University of Pennsylvania - Philadelphia, PA, USA
Bachelor's degree in Business Administration
2000 - 2004
American University in Cairo - Cairo, Egypt
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