Clients

A renewable energy company Financing an acquisition by a start-up

Overview

In 2007, an oil major announced plans to sell its lubricating oil re-refinery in Louisiana because the plant was deemed non-strategic. The owners of an independent automotive lubricant company, and a lubricating oil blending company, saw the opportunity to purchase the re-refinery as the first step in their plans to build the premier independent lube oil re-refining, blending and marketing business in North America. The companies collaborated on a bid to purchase the plant in Louisiana; if successful, they would merge the three entities to create a new holding company β€œHoldco”.

Challenge

The creation of Holdco depended on the successful acquisition of the re-refinery, but the bid collaborators lacked the experience needed to raise the required capital.

Republic Partners’ Solution

Republic Partners worked closely with the bid collaborators to articulate a compelling case for profitable growth behind their strategic vision. Republic Partners produced marketing and financial documents and introduced the bid collaborators to potential investors and lenders. Republic Partners also assisted in the selection of, and negotiation with, the eventual subordinated debt lender. Following the successful acquisition of the re-refinery, Republic Partners advised Holdco on the sale of the oil storage and terminalling business that was included in the acquisition, simultaneously reducing Holdco’s leverage and sharpening its focus on re-refining - the primary objective of the acquisition. Since its formation, Holdco has continued to grow profitably organically and through acquisitions.Β 

While we help business leaders sell all or part of their businesses as part of their effort to diversify, we also help them to prepare for this important event because we believe that good preparation is the key to success.

Case Study:
> Phoenix International > An East Coast Terminalling Company > An Established 3PL

We regularly advise clients with regard to growth through mergers, acquisitions and joint ventures. We assist in developing strategy, identifying the optimal strategic alternative and executing the transactions that lead to the achievement of goals.

Case Studies:
> GENCO: Acquisition Advising > GENCO ATC: Merger Integration > A Renewable Energy Company

We advise clients on discrete issues and overall corporate issues. We can assist in the acquisition of capabilities and in the divestiture of business units that no longer fit clients' missions.

Case Studies:
> An East Coast Terminalling Company > A Midwest-based 3PL

We can assist you in raising capital by helping you to evaluate your strategy and tactics and present your exciting attributes to a variety of equity and venture captal investors.

Case Study:
> A Renewable Energy Company