Creating Value in Media
汉语

SPAC, RTO, PIPE

Challenge:

Chinese growth companies in the TIMES domain show increasing demand for financing across various stages of their lifecycle (seed, early stage, later stage, growth stage, pre-IPO, IPO, secondary offering, etc.). The local Chinese private and public equity markets do not always match their needs.

What We Do:

Given Skillnet’s expertise in Chinese growth companies and the great deal of networking in and knowledge about the international private and public equity markets and investors, we help “build bridges” between both worlds.

Approach:

After careful analysis and a due diligence of the Chinese growth company, Skillnet works closely with the Chinese entrepreneur to define the needs regarding financing and potential investors. In this exercise, we look at the long term development of the growth company, not only the “next stage”. To match the needs of the Chinese entrepreneur, we structure the transaction accordingly. There are various models to structure the transaction such as a cross-border private equity deal, pre-IPO financing, or an IPO. Also, more innovative models such as SPAC (special purpose acquisition corp.) or RTO (reverse takeover) are applicable and will be considered.

Results:

The Chinese growth company will receive the required financing and will be partnered long-term with the right set of investors. The investors will receive a superior return due to the high quality and propriety deal flow that is generated by Skillnet’s network and due diligence.



First foreign capital in the chinese cable TV sector: China Cablecom/Jaguar Aquisition Corp

NEW YORK/SHANGHAI, April. 18, 2008 -- Skillnet supported the first cross border capital market transaction in  the chinese cable TV sector and enabled one of the most innovative TIMES/China capital market transactions. The transaction was realized via a SPAC transaction. Jaguar Acquisition Corp. concluded a business combination with China Cablecom. The transaction is amongst the TOP 5% of the global SPAC league table. China Cablecom now trades under NASDAQ: CABL.



Skillnet supports first foreign capital in PRC TV Stations: Alyst Acquisition Corp. in Merger With China Networks Media

NEW YORK/BEIJING, Aug. 18, 2008 -- Skillnet supported Alyst Acquisition Corp. (Amex: AYA), a special purpose acquisition company with market, commercial and technical Due Diligence in the plan of merger to acquire all of the issued and outstanding shares of China Networks Media, which owns and is in the process of acquiring television station operating assets in the People's Republic of China (PRC).

China Networks, through its wholly owned subsidiary, Advertising Networks Limited and through certain contractual arrangements entered into under PRC law, has positioned itself as a fast growing television advertising network in the PRC. In partnership with municipal and provincial stations, China Networks provides local, national and international advertisers with direct access to China's rising audience of consumers. Through long-term contracts, China Networks operates as the exclusive advertising arm for stations within its network -- providing both general and targeted packages for advertisers across an expanded viewer base. Chardan Capital Markets, LLC is acting as exclusive advisor to the transaction.

M&A, SPAC, Venture Capital, Internationalization, Valuation, Post Merger Integration, Listing, Due Diligence, Private Equity, Performance, Capital Increase


Skillnet is 'Official Due Diligence Partner of 3i' and 'Listing Partner Deutsche Börse'.

Related News

20th of January, 2012

Out now: Skillnet's new TIMES studies TICMAQ and TIKMAQ for Q4/2011 can be ordered here

19th of January, 2012

Congrats! Leading Chinese Sports Event Organizer has closed financing round with support of Skillnet

13th of January, 2012

European SW vendor selects Skillnet for "What's Next?" strategy project

Selected Skillnet Clients

Advent, Alyst, Auctus, AudienceScience , Berliner Volksbank, Brockhaus Private Equity, InterSystems, Jaguar Capital, Optix, Sal. Oppenheim, Target Partners, WR Hambrecht