Company: BroadSpan Capital LLC
Location: Headquarters: 1450 Brickell Ave., Suite 2620, Miami; offices in Rio de Janeiro & Sao Paulo, Brazil.
Service: Investment banking. BroadSpan is an independent investment banking firm specializing in Latin America and the Caribbean. The firm provides corporations, partnerships and government institutions with impartial advice related to cross border mergers, acquisitions, financial restructurings and capital raising.
Years in business: Founded in 2001.
Management team: Mike Gerrard, CEO, managing director and co-founder; Orlando Chiossone, managing director and co-founder; Leonardo Antunes, managing director and head of Brazil.
Key board members: Gonzalo Valdes-Fauli, chairman; Tim Davis
Deal volumes: mergers and acquisitions and restructuring: 2011: $301 million; 2012: $504.5 million; 2013 YTD: $888.8 million; 2013 projection: $1.2 billion.
Milestone: Successfully completing its 83rd transaction in 2013.
Impact: “BroadSpan provides its clients with unique strategic opportunities and highly focused transaction execution,” said Gerrard. “BroadSpan has successfully advised shareholders and Boards of Directors of corporations and partnerships with interests in Latin America and the Caribbean regarding mergers, acquisitions, divestitures, capital raising and valuation and fairness opinions.”
The firm’s track record includes deals with public and private companies in such countries as Colombia, Brazil, Panama and Trinidad, in various industries, including insurance, retail, real estate and energy. BroadSpan has advised on a total of more than $5.1 billion in financial restructurings for borrowers and creditors in Latin America and the Caribbean.
Key to success: “Deep knowledge of the markets we service, determination to deliver results for clients, continuous senior management involvement in all transactions, language and business practice fluency across the region,” Gerrard said.
Strategy for next step: Geographic expansion of the firm’s advisory business in countries such as Peru and Mexico and further expansion in the U.S. market, including in Florida, Gerrard said. Also, continued development of BroadSpan’s institutional asset management division including the launch of a specialized regional credit fund, and an energy-related private equity business in Brazil.
INA PAIVA CORDLE
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