2020 DealMakers Annual Awards

Date: Tuesday 23 February 2021

Headline Sponsor

Gold Medals

Deal of the Year

Exxaro Logo.jpg

BEE Deal of the Year

Top Sponsors by Deal Value and Deal Flow

Top Transactional Support Services by Deal Value and Deal Flow

Individual DealMaker of the Year

Ansarada DealMakers Annual Awards go virtual ....
Due to the COVID-19 pandemic, DealMakers, like many other companies around the globe, was unable to host the usual annual gala awards as a physical event. On Tuesday 23 February 2021, the first ever virtual Ansarada DealMakers Annual Awards aired live from studio's in Johannesburg. All the usual rankings and awards were announced plus a new gold medal award, the Business Rescue Transaction of the Year.

All the award recipients, were kind enough to come through to our offices a couple of days later and collect their certificates, trophies and medals and get a photo taken to include below. We would like to express our sincere gratitude to the industry as a whole for accommodating us with this. We would have loved to have had more than one person per team included in the photo's, but social distancing standards and COVID-19 restrictions, did not make this possible.

To all the teams involved, and to the industry at large, congratulations on all the deals that were concluded and we salute you for all your efforts in what was without a doubt a very challenging year. 

Watch the video's from the event:

The 2020 DealMakers Annual Results:

Brunswick Deal of the Year 2020

Gold Medal Award

Altron demerger of Bytes Technology

Local Advisers

Mteto Nyati, Group Chief Executive | Altron

In April 2020, Altron announced it was looking to demerge Bytes UK and to separately list it on the LSE with a secondary listing on the JSE. The decision was made to unlock value for shareholders as the UK business was identified as being materially undervalued when compared with its UK peer group. A minimum listing value of c.R9.4 billion was put in place by management who was willing to call off the listing if it did not achieve the price target. The company listed in December with a market capitalisation of R16,3 billion.

Catalyst Private Equity Deal of the Year 2020

Gold Medal Award

Capitalworks' acquisition of Peregrine

Local Advisers

Garth Willis, Director | Capitalworks Equity Partners

The R4,2 billion offer to qualifying shareholders presented an option to elect to receive a cash consideration of R21 per share and/or a leveraged re-investment option through the subscription of shares in one of Capitalworks’ buyout vehicles (InvestCo share consideration offer priced at R17.40 per offer share). The attractive structure of the offer resulted in approval from 99.9% of shareholders with the reinvestment election, which will see benefits from the support of Capitalworks as a key anchor shareholder, oversubscribed. 

Exxaro BEE Deal of the Year 2020

Gold Medal Award

Novartis' disposal to Kiara Health

Local Advisers

Dr Skhumbuzo Ngozwana, CEO and President | Kiara Health

Novartis, the Swiss multinational pharmaceutical company, took the strategic decision globally to move away from holding manufacturing in-house. Kiara Health, having secured the necessary funding, acquired the manufacturing plant and several marketed products from Novartis’ subsidiary generic drugs manufacturer Sandoz South Africa, creating a majority black-owned pharmaceutical manufacturer.  The parties entered into a manufacturing and supply agreement for a minimum four year period. 

***New Award***

Business Rescue Transaction of the Year 2020

Gold Medal Award

Phumelela Gaming and Leisure

Local Advisers

John Evans, Business Rescue Practitioner | RS Advisors

The company entered business rescue proceedings in May 2020 after deciding against voluntary liquidation. Phumelela was experiencing financial difficulties prior to the pandemic but it was the devastating financial impact of COVID-19 which led to its decision to enter business rescue proceedings. Phumelela received R100 million in post-commencement finance from local company Mary Oppenheimer and Daughters (MOD), to ensure the continuation of operations while the company underwent restructuring and the sale of assets. Bids to acquire all or some of its assets were received from among others UK bookmaker Betfred and MOD. In September creditors voted in favour of MOD (4Racing) to take control of the racing assets including the local and offshore totes and broadcasting rights. 

Ince Individual DealMaker of the Year 2020

Anthony Knox

Gold Medal Award

Anthony Knox (Merrill Lynch) has over 15 years of investment banking experience. Over the past three years Anthony has played an instrumental role in executing some of SA’s highest profile deal, the most notable being Sasol’s disposal of a 50% interest in its Lake Charles Chemicals Project, the disposal of a 34.4% stake in Alexander Forbes by Marsh & McLennan, Old Mutual’s Managed Separation and as independent expert in the unbundling of FirstRand.

Mergers & Acquisitions 2020

Investment Advisers 

1st by Deal Value - Merrill Lynch

Gold Medal Award

1st by Deal Flow - Investec Bank

2nd by Deal Value - Java Capital

3rd by Deal Value - Investec Bank

4th by Deal Value - Standard Bank

2nd by Deal Flow - Java Capital

3rd by Deal Flow - PSG Capital

4th by Deal Flow (tie) - Rand Merchant Bank

4th by Deal Flow (tie) - Rothschild & Co

Sponsors 

Sponsored by

1st by Deal Value - Merrill Lynch

1st by Deal Flow - Java Capital

2nd by Deal Value - Questco

2nd by Deal Flow - Investec Bank

3rd by Deal Value - Java Capital

3rd by Deal Flow - PSG Capital

4th by Deal Value - Investec Bank

4th by Deal Flow - Rand Merchant Bank

Legal Advisers 

1st by Deal Value - ENSafrica

2nd by Deal Value - Webber Wentzel

3rd by Deal Value - Cliffe Dekker Hofmeyr

4th by Deal Value - Bowmans

1st by Deal Flow - Cliffe Dekker Hofmeyr

2nd by Deal Flow - ENSafrica

3rd by Deal Flow - Webber Wentzel

4th by Deal Flow - Bowmans

Transactional Support Services

Sponsored by

1st by Deal Value - Deloitte

1st by Deal Flow - BDO

2nd by Deal Value - PwC

2nd by Deal Flow - Deloitte

3rd by Deal Value - KPMG

4th by Deal Value - BDO

3rd by Deal Flow - PwC

4th by Deal Flow - EY

Black Economic Empowerment 2020

Investment Advisers

1st by Deal Value - Nedbank CIB

1st by Deal Flow - Nedbank CIB

Legal Advisers

1st by Deal Value - Cliffe Dekker Hofmeyr

1st by Deal Flow - Cliffe Dekker Hofmeyr

General Corporate Finance 

Investment Advisers

1st by Transaction Value - 

Rand Merchant Bank

1st by Transaction Flow  (tie) - 

Investec Bank

2nd by Transaction Value - Investec Bank

3rd by Transaction Value - JPMorgan

1st by Transaction Flow  (tie) - 

PSG Capital

3rd by Transaction Flow - Nedbank CIB

Sponsors

1st by Transaction Value - JPMorgan

2nd by Transaction Value - 

Rand Merchant Bank

3rd by Transaction Value - Investec Bank

1st by Transaction Flow (tie) - Investec Bank

1st by Transaction Flow (tie) - PSG Capital

1st by Transaction Flow (tie) - Java Capital

Legal Advisers

1st by Transaction Value - ENSafrica

2nd by Transaction Value - 

Cliffe Dekker Hofmeyr

3rd by Transaction Value - Bowmans

1st by Transaction Flow - ENSafrica

2nd by Transaction Flow - 

Cliffe Dekker Hofmeyr

3rd by Transaction Flow - Bowmans

Transactional Support Services

1st by Transaction Value - PwC

2nd by Transaction Value - KPMG

3rd by Transaction Value - EY

1st by Transaction Flow - BDO

2nd by Transaction Flow - PwC

3rd by Transaction Flow (tie) - KPMG

3rd by Transaction Flow (tie) - EY