WYNDHAM PHILIPPINES PARTNERS
Target Companies & Deal Flow
Targeted transaction size for each initial acquisition is generally up
to $500 million, although add-on acquisitions may exceed this limit. Companies targeted are primarily:
- Providers of outsourced goods and services
- Philippine companies selling to other ASEAN members and Japan
to exploit the free trade access
Wyndham Philippines has developed deal flow
sources corresponding with the types of transactions it targets, including:
- Non-Performing Loans – sourced from banks and their special
purpose vehicles in which bad loans have been bundled; Wyndham Philippines
is in regular contact with the non-performing loan departments of Philippine
banks, as well as government agencies
looking to dispose of non-performing loans
- Privatizations –
the Government has an ambitious program to encourage private investment; substantial
assets are being sold by the Government through key agencies, such as the Asset
Privatization Trust and The Power Sector Assets & Liabilities Management
Corporation (power sector), and Wyndham Philippines
is in regular dialog with the relevant government agencies
- Private Market
Transactions – acquisition opportunities in the Philippine private
market, either for sale or requiring growth capital, and acquisitions of
Philippine divisions or subsidiaries of public Philippine and multinational
companies
- Other sources include
local lawyers and accountants assisting clients looking to refinance and
build their businesses
- Financial advisers
to companies that are over-leveraged or need capital/management resources
- Investment firms
who have acquired distressed loans and are seeking to realize their investments
- Philippine industry
and trade associations looking to help solve problems for their members
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