A&P Group, the largest UK ship builder and stevedore was owned by an equity sponsor looking for a liquidity event to close out their current investment fund
Challenges
Declining industry with far more aggressive competition in Asia, specifically in Korea and Japan
The company was experiencing financial difficulties and was in need of a balance sheet restructuring
Solution
Principals of FocalPoint explored the gamut of strategic options available to the company and recommended that a sale to private equity sponsor would return the highest shareholder value
We identified a universe of financial sponsors who had an appetite to invest in the ship building sector, despite the adverse macroeconomic trends
Ultimately NatWest Private Equity acquired the company and successfully led a recapitalization of the company’s balance sheet
