Ante is available for hire
Hire AnteAnte Matijevic
Verified Expert in Management Consulting
Management Consulting Expert
Zagreb, Croatia
Toptal member since November 23, 2018
Bio
During his investment banking career at Keefe, Bruyette & Woods, Ante executed over $2 billion in M&A, private equity, and capital markets transactions. As assistant minister of finance, Ante oversees the performance of a portfolio of 40 state-owned enterprises across various sectors with an estimated valuation of over $10 billion. Ante freelances because he enjoys working with talented, smart people on interesting and challenging projects.
Career Highlights
Assistant Minister
Ministry of Finance, Croatia
Founder
CB CorpDev
Vice President of Investment Banking
Keefe, Bruyette & Woods
Education Highlights
Bachelor's Degree
Texas A&M University
Certification Highlights
FCA Securities and Regulations
Financial Conduct Authority
NASAA Series 63
North American Securities Administrators Association (NASAA)
FINRA Series 7
The Financial Industry Regulatory Authority (FINRA)
Case Studies
Commercial Bank: Operating Model, Stress Testing, and Strategic Decisions
Three-statement ModelingStress TestingStrategic Planning & Execution
Manufacturing Company: Review of the Historical Performance and Strategic Options
Three-statement ModelingValuationFinancial Planning & Analysis (FP&A)
M&A Modeling
M&A Modeling
Pricing Application for a Travel Agency
Pricing ModelsProfitability Analysis
Industry Expertise
- Energy, Utilities & Waste
- Finance
- Manufacturing
- Transportation
- Financial Modeling
- Public Companies
Other Expertise
- Capital Raising
- Financial Modeling
- Financial Planning & Analysis (FP&A)
- Financial Restructuring
- Mergers & Acquisitions (M&A)
- Valuation
Work Experience
Assistant Minister
2017 - PRESENT
Ministry of Finance, Croatia
- Developed an analytics framework for the performance reviews of state-owned enterprises, including KPIs, benchmarking, revenue and expense trends, valuation and dividend capacity. This analytics framework allows the ministry to follow the efficiency of utilization of invested capital, understand value creation or destruction from management decisions, and identify areas that require necessary improvements.
- Created a restructuring financial model, participated in negotiations with investors, evaluated the transaction’s impact on the state budget, and created presentation materials for government bodies and the European Commission for the financial restructuring of a distressed state-owned petrochemical company. The transaction included the recapitalization of 60 million Euros by private investors and 60 million euros debt-to-equity swap by the state. As a result of the transaction, the company’s failure was avoided, and potential negative impacts on other state-owned enterprises were removed. The transaction enabled the company to pursue necessary operational restructuring and allowed the state to maximize its value.
- Built pro-forma financial models, analyzed potential synergies, and quantified upside for the acquiring bank and the state as a shareholder for a merger between two state-owned banks. The transaction enabled the acquiring bank to enter new local markets while simultaneously providing significant operational synergies.
- Contributed to the financial restructuring of the Croatian road sector which consisted of refinancing over 3 billion euros in loans and led to annual interest-payment savings of over 50 million euros.
- Executed two sovereign bond issuance transactions with a total deal value of 2.1 billion euros.
- Appointed as a board member of the European Investment Bank (the development bank of the European Union) in 2018.
Focus areas: Financial Planning & Analysis (FP&A), Government Contracting, Financial Regulations, Debt Issuance, Restructuring, Public Companies, Performance Management
Founder
2016 - 2016
CB CorpDev
- Created a sophisticated five-year strategic financial planning tool for commercial banks (monthly, quarterly or annual inputs/outputs) incorporating operating stress testing (loan portfolio default and loss curves, loan originations, loan prepayments, securities portfolio, funding, yields, and so on) and strategic decisions (equity and debt raising, stock repurchase, loan/securities portfolio sale, new branch openings, hiring or acquisition of lending teams, non-lending hires or reduction of staff).
- Built M&A tools for commercial banks incorporating detailed target financial projections and stress testing, EPS accretion/dilution, projected pro forma impact on financials and capital, tangible book value earn-back period, and internal rate of return.
- Designed analytical tools for commercial banks incorporating sale valuation and impact on potential buyers’ EPS and capital based on different purchase prices and levels of synergies.
- Developed employee training programs to help commercial banks internally build strategic corporate development expertise without making any significant capital investments.
Focus areas: Corporate Development, Stress Testing, Financial Planning & Analysis (FP&A), M&A Modeling, Budgeting, Three-statement Modeling
Vice President of Investment Banking
2007 - 2015
Keefe, Bruyette & Woods
- Created acquisition models for various clients for multiple FDIC assisted acquisition bids. Worked closely with clients’ management teams to create bid scenarios based on different operational and credit mark assumptions. Successfully executed five winning acquisition bids that allowed the clients to achieve attractive returns and leverage their excess capital. Prepared investor presentations explaining the acquisitions.
- Performed a valuation of UK-based wealth manager Ashcourt Rowan using comparable M&A transactions, trading comparables and M&A premiums, and discounted cash flows, in a £125 million sale transaction to UK-based, private equity-backed wealth manager Towry. The transaction involved a significant amount of synergies and increased Towry’s fund management expertise.
- Executed the $148 million sale of City Index (a spread betting, CFD, and forex trading platform) to GAIN Capital. Performed valuation of City Index using management and stress case projections, valuation of potential synergies, and valuation of a convertible debt instrument issued as part of the consideration. Created the accretion/dilution model to analyze the sale’s impact on GAIN Capital based on different purchase prices and consideration structures.
- Analyzed the historical offering discounts, created the pro-forma capital and EPS dilution model, and roadshow presentation for the $107 million public offering of Flushing Financial Corporation common stock.
- Designed and built a complex financial model for a distressed $350 million recapitalization of a bank holding company using a prepackaged bankruptcy structure. The model included the analysis of future net operating loss (NOL) benefits, capital projections at the holding company and bank levels, and an analysis of IRR to private equity investors. Presented the model to potential private equity investors.
- Involved in the execution of $400 million private equity recapitalization of First Southern Bancorp (blind pool transaction) and $350 million private equity recapitalization of Flagstar Bancorp (distressed transaction).
- Performed risk assessment for co-manager roles in Italian and Greek banks’ equity offerings post ECB asset quality review.
- Worked on various M&A transactions, including the $80 million purchase of 18 branches of the Royal Bank of Scotland by Community Bank System, TD Financial Group’s $8.5 billion acquisition of Commerce Bancshares, and U.S.B. Holding’s $575 million sale to KeyCorp.
- Conducted due diligence on over 60 companies and worked with clients’ senior management to develop operating projections and financing models.
- Created strategic and industry outlook materials for clients that included strategic alternatives presentations, information memorandums, and prepared fairness opinions.
- Received an award for outstanding contributions to Keefe, Bruyette & Woods, Inc. in 2011.
Focus areas: Financial Planning & Analysis (FP&A), Valuation, Budgeting, Financial Restructuring, Financial Modeling, Capital Raising, Mergers & Acquisitions (M&A)
Education
2002 - 2006
Bachelor's Degree in Business Administration
Texas A&M University - College Station, TX, USA
Certifications
APRIL 2014 - SEPTEMBER 2016
FCA Securities and Regulations
Financial Conduct Authority
SEPTEMBER 2010 - MAY 2013
NASAA Series 63
North American Securities Administrators Association (NASAA)
JULY 2010 - MAY 2013
FINRA Series 7
The Financial Industry Regulatory Authority (FINRA)
Skills
Finance
Financial Restructuring, Profitability Analysis, Financial Modeling, Capital Raising, Valuation, Mergers & Acquisitions (M&A), Financial Planning & Analysis (FP&A), Budgeting, Financial Regulations, M&A Modeling, Three-statement Modeling
Output Software
Microsoft PowerPoint, Microsoft Excel, Microsoft Word
Industry Expertise
Financial Services, Transportation & Shipping, Energy, Public Companies
Geographic Expertise
United States, Croatia, Central Eastern Europe, European Union (EU), United Kingdom
Data & Analysis Software
Thomson Reuters, Capital IQ, Bloomberg
Other
Manufacturing, Performance Management, Restructuring, Debt Issuance, Government Contracting, Stress Testing, Corporate Development, Strategic Planning & Execution, Pricing Models
Collaboration That Works
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