Our Services
We build long-term relationships with our clients, approaching them with our vision of independent advisory to truly maximize shareholder value. As a trusted partner, the clients often return to us.
We offer comprehensive advisory services in the area of mergers and acqusitions (M&A) for mid-sized and large companies.
We provide assistance in decision-making on investments, divestments and other key processes in the area of capital allocation.
We provide advice
on selection of the optimal
capital structure, strategy and capital raising.
Using our valuation expertise, we offer our clients objective analyses, expert opinions and valuations of their businesses and securities.
CORPIN acted as an exclusive financial advisor to the founder and the sole shareholder, Mr Jakub Wiedermann, on selling a 70% share in Advanced Airsea s.r.o. („Airsea“), the leading asset-light freight forwarder in Czechia and Slovakia, to Savino Del Bene S.p.A („SDB“), an Italy-based freight forwarder with a global presence, whose minority shareholder is Mediterranean Shipping Company S.A., the world leader in container shipping.
For over 20 years, Airsea has been organizing customized transport solutions worldwide and has established itself as the primary freight forwarding partner to Czech and Slovak exporters. Airsea‘s comprehensive logistics service offering spans from regular shipments, like containers and parcels, to oversized and hazardous goods throughout the world by road, sea and air. The transaction included the 30% sale in Airsea‘s adjacent business, Advanced Road, a nimble venture focused on speciality transports.
SDB, founded in 1899, is a multinational company that offers international tailor-made shipments and logistics support services for various industries. With a network of more than 306 offices spanning five continents, SDB generated EUR 4.5 billion in revenue in 2022.
CORPIN in co-operation with ENVIROS represents the interests of the European Bank for Reconstruction and Development in the Czech Republic. The task is to strengthen EBRD's cooperation with Czech companies in their cross-border activities in the regions where the EBRD operates. The role of the Business Development Consultant is held by Karel Bureš, Managing Partner.
CORPIN elaborated an independent valuation report for Vigo Investments (“Vigo”) with the aim to determine the 100% share value of its subsidiary, Direct Pojišťovna, a.s. (“Direct”).
The valuation report was used for implicit determination of LTV at the occasion of issuance of corporate bonds directly secured with 100% shares of Direct.
Direct is the fastest growing non-life insurance undertaking on the Czech market in terms of the number of clients as well as the written premium amount. Direct provides services to more than 500,000 customers and has been repeatedly awarded as the most client-friendly insurance company.
CORPIN acted as the exclusive financial advisor to RiverRock European Capital Partners (“RiverRock”) during the restructuring of its debt exposure in VITRABLOK, s.r.o. (“Vitrablok”).
The mandate of CORPIN consisted in a complete revision of the commercial terms and conditions of the debt facility provided to Vitrablok, analysis of the financial performance of Vitrablok, and examination of exit opportunities with subsequent assistance during negotiations on refinancing.
RiverRock is a European investment company that focuses on alternative investments, namely on the provision of alternative funding for SMEs.
Vitrablok is a leading manufacturer of glass bricks that delivers products to B2B and B2C customers all over the world. The company, known under the trademark of Seves Glass Block, offers various shapes and colour versions of glass blocks and bricks.
Rothschild & Co, with the support of CORPIN, acted as the exclusive financial advisor to W.A.G. Payment Solutions plc (“Eurowag”) and its majority shareholders, the founder, Martin Vohánka, and TA Associates, an American private equity fund, in the initial public offering (IPO) on the London Stock Exchange (LSE).
The market value of Eurowag‘s subscribed shares totalled GBP205m on the IPO day. The attained valuation of subscribed shared implied market capitalisation amounting to GBP1bn.
Eurowag is a technological company integrating digital payment services for fuel, toll, tax refunds and other associated services for commercial trucking. Eurowag uses proprietary technology for the integration of offered services. The company was founded in 1995 by Martin Vohánka.
TA Associates is one of the oldest private equity companies on the market that invests into technological SMEs in their growth stage.
Rothschild & Co, with the assistance of CORPIN, acted as the exclusive financial advisor to Česká zbrojovka Group (“CZ Group”) during the acquisition of Colt Holding Company LLC (“Colt”), an American arms manufacturer. The acquisition will help strengthen the presence of the CZ Group n the North American market with access to new production capacities.
The mandate in CORPIN consisted in the identification of suitable acquisition targets for the CZ Group across the world. Rothschild & Co provided support to the CZ Group in the acquisition of Colt during the follow-up acquisition phase.
The CZ Group is an important European manufacturer of small arms. In 2020, their profit amounted to EUR42m, and the Group sold over 467,000 arms.
Colt is a traditional American small arms manufacturer with a history dating back to 1836, when Samuel Colt had his revolver patented. Colt is the exclusive supplier for the US Army.
CORPIN acted as the exclusive financial advisor to the company Umbrella Coach & Buses in securing new financing with state guarantee provided by the Export Credit Agency EGAP under the State Program COVID Plus.
The Umbrella Group, a strong exporter and the largest service provider for FlixBus can utilize the new funds to modernize its bus garage and service center and bridge the period of lower international passenger transport, while strengthening its position in the competitive passenger transport market.
CORPIN assisted in arranging all necessary documents, negotiating with all stakeholders and supervising the entire debt advisory process.
CORPIN acted as a financial adviser to Netrisk Group, Hungary and Czech Republic-based on-line insurance broker and price comparison engine backed by the U.S. fund of the global growth private equity firm TA Associates, together with Polish fund MCI on the acquisition of several price comparison websites in the Czech Republic and Slovakia, centered around the main domains porovnej24.cz and netfinancie.sk from a group of investors.
Having acquired Klik.cz and Klik.sk in 2020 (where CORPIN advised the sellers), this transaction significantly strengthens the market share of Netrisk Group in the Czech Republic, whilst providing significant synergy potential with Klik.cz’s existing operations and profitble presence in Slovakia via Netfinancie.
> Sector: insurance, e-commerce
> Client: Benson Oak and other shareholders
> Year: 2020
> Deal value: confidential
CORPIN acted as an exclusive financial adviser to the investors led by Benson Oak, with respect to their sale of a 100% stake in the online insurance broker Klikpojištění.cz, a.s. („Klik“) to Hungary-based Netrisk. Since January 2020 the main investor in Netrisk has been U.S. fund of the global growth private equity firm TA Associates, together with the ongoing minority participation of the previous owner, Polish fund MCI.
Klik has successfully built an online insurance broker from scratch, operating on the Czech and Slovak markets, using innovative marketing and conversion strategies that enable high profitability combined with still strong growth of the customer base, revenues and average underwritten premiums.
CORPIN provided services related to transaction management and structuring of the whole transaction, analytical support and due diligence, including negotiation of all the detailed terms with TA Associates.
Rothschild & Co is a global group focused on M&A, strategy and financing advisory, with more than 200 years long history. Rothschild & Co is a commercial partner of CORPIN since its foundation in 2007.
Rothschild & Co belongs to the most successful independent financial advisory groups on a global scale.
The Rothschild family’s activities date back to its first major business undertaking in the region, the acquisition of the Vítkovice Steelworks in 1842. This was followed by a number of financial investments, many connected to the development of the Nordbahn railway network, for which the Rothschilds had been granted the concession in 1832. Since the early 1990s Rothschild Global Advisory has been active in early privatisations, inward and outward M&A, and financings across a number of sectors including financial services, telecommunications, media and technology, consumer, healthcare and wider infrastructure.
More information about the Rothschild & Co can be found at
www.rothschildandco.com