Enabling a winning bid in a highly competitive tender through strategy, valuation, and deal execution
• Business Dilemma:
The Egged tender attracted significant attention, with five competing groups vying for the acquisition. Keystone Fund sought comprehensive advisory support to strengthen its position and secure the deal. The key challenges included navigating a competitive bid process, developing a robust financial strategy, and aligning with the seller’s requirements.
• Process:
We provided end-to-end advisory services, focusing on:
- Tender Strategy Development: Collaborated with Keystone to devise a competitive and tailored tender strategy, ensuring alignment with the seller’s expectations and market dynamics.
- Financial Modeling: Built a detailed financial model to assess the viability of the transaction and support Keystone’s decision-making process.
- Market Forecasting: Conducted in-depth market analysis and created long-term forecasts to provide a holistic understanding of Egged’s growth potential.
- Stakeholder Engagement: Supported Keystone in negotiations with the seller, ensuring transparency and alignment throughout the process.
• Strategic Solution & Impact:
Our tailored advisory services enabled Keystone Fund to outcompete other bidders and win the tender, securing shares in Egged. The detailed financial model and market analysis provided Keystone with a clear vision for the transaction’s potential, helping the fund align with its strategic goals. The acquisition has solidified Keystone’s presence in the transportation sector and positioned Egged for continued growth under its leadership.
