Sascha is an investment banker with 15+ years of M&A and financing experience at leading Wall Street banks including Goldman Sachs, Deutsche Bank, and CITIC Securities. He recently launched his practice and has advised software, healthcare, and commodities firms. An expert in equity and debt financing, Sascha also enjoys helping clients with M&A execution, financial modeling, and restructuring across geographies and industries.
Built a bottoms-up operating and three-statement model for a Dutch software company and worked closely with management to assess the equity or debt funding needs of different growth strategies.
Drafted the term sheet and loan agreement, leveraged precedent financings to structure terms, and identified potential funding sources for a ~£20 million debt raise on behalf of a publicly-traded United Kingdom medical technology.
Identified potential equity partners and developed a business plan for the possible MBI of a European aesthetics company with an enterprise value of ~€50 million.
Developed junior debt financing options, built a detailed financial model, structured critical terms, drafted a term sheet, and identified funding sources for a new African mine.
Advised on the sale of Ascometal to leading private equity firm Apollo for €435 million.
Performed the initial valuation for the client, contacted potential strategic and financial buyers, organized the due diligence of a complex multinational, and solely led the contract negotiations with the buyer (Ascometal).
Advised Xstrata plc on a merger with Glencore valued at ~$48 billion.
Supported Xstrata for two years beginning with initial board discussions.
Led valuation exercises, including modeling the asset levels and discounted cash flow analysis, and advised on the governance structure of the combined entity (Xstrata).
Advised Aperam on its $3.2 billion dual-track divestiture/spin-off from ArcelorMittal.
Analyzed several merger options before proceeding with the spin-off (Aperam).
Modeled the standalone financials to assist in the credit rating process and to determine optimal debt financing options for the new entity (Aperam).
Helped ArcelorMittal with credit rating analysis during the steel market downturn, providing capital structure advice that resulted in the company raising $3.5 billion equity and convertible financing.
Advised Mittal Steel on the successful hostile €28 billion takeover of Arcelor.
Performed detailed valuation modeling including discounted cash flow, comparable companies, and precedent transaction analysis (Mittal Steel).
Assessed the credit rating impact analysis for the $10 billion of acquisition debt (Mittal Steel).
Engaged with Arcelor shareholders, drafted offering documents, and participated in offer discussions with the client (Mittal Steel).
Advised the private equity firm Candover on its €1.5 billion take-private of Stork NV and concurrent disposal of the food systems division to Marel Food Systems as well as arranging the related senior and mezzanine debt financing.
Drafted the offering documentation and created the LBO model used for credit analysis and valuation and participating in the syndication of the mezzanine debt tranche (Candover).
Advised Premier Foods on its debt refinancing and equity investment from leading private equity firm Warburg Pincus.
Analyzed and modeled debt refinancing options as well as liaising closely with the equity capital markets team to raise fresh equity (Premier Foods).
Advised Numico on its €1.2 billion acquisition of EAC’s nutrition business helping with contract negotiations during which we managed to fend off attempted interloper bid for the target company.
Advised VNU on the €2.1 billion sale of World Directories to private equity consortium Apax and Cinven—achieving a higher final price compared to initial bid due to a well-executed due diligence process.
Was involved in every stage of the process from drafting the information memorandum to organize the sale process and due diligence (VNU).
Advised ABB on the acquisition of US-based transformer manufacturer Kuhlmann Electric and spent six weeks at the client's offices to assist in the build of a bottom-up financial model to assess valuation.