All Brock client engagements are personally managed and performed by dedicated senior professionals with the
expertise and track record to provide the highest quality advice and execution in the industry.
Recent Brock engagements include:
Merger Integration for Publicly-traded Gaming Company
Brock advised Scientific Games on its $1.5 billion acquisition and integration of WMS Industries, combining to deliver $100 million in synergies through operational efficiencies, gaming content innovation and leveraging interactive gaming and social media platforms.
Financial Advice Regarding Possible M&A Transactions
Brock is providing financial advice to a manufacturer of air purification systems in connection with possible M&A transactions.
Co-Investments Strategy: Advising a Significant Pension Fund
We advised a public pension fund on how to establish a private equity co-investment program. Focused on maximizing risk-adjusted returns, the analysis addressed three key topics: scope of the program (size, target transactions and lead private equity partners); organizational structure (managerial responsibilities, oversight and use of external advisors); and policies and procedures to enable successful operation of the program. We reviewed existing co-investments, surveyed and analyzed market best practices, and interviewed top management of the country’s largest pension funds and CEOs of the leading private equity firms engaged in co-investment. Based on our research and consultations with the client, and drawing on our members’ experience, we provided detailed recommendations on how to structure and operate the program.
Business Networking and Intelligence on the Most Influential Business People
Our client is an expansion stage, web-based professional networking and verified biographical data system used for business development, sales and the facilitation of business interactions by the leading global investment banks, wealth managers, executive search firms, consulting firms and other professional services firms and corporations. Brock was engaged to assist with the development of a business strategy to expand the market served by the company’s products. The strategy substantially expanded the existing product’s scope to include the facilitation of business interactions, the enhancement of viral growth, the development of an online community, and the broadening of the client base. We reviewed, analyzed and made recommendations to revise the company’s branding, marketing, sales, pricing and technology strategies, and we developed related detailed tactical plans.
Renewable Energy: A Major Pumped Storage Facility
We advise on the development of one of the largest alternative energy projects which will store energy produced by wind, solar, and geothermal sources augmenting the transmission grid connecting the large power markets of Southern and Mid-California. We advise on the strategy and navigation of numerous regulatory hurdles. We advise on various organizational, structural and managerial issues including succession planning. Members of the firm invested in the project and we arranged working capital financing.
Board Consultant Roles at a Major Pension Fund
Our client is one of the largest pension funds in the world providing retirement services for over one million participants and managing over $200 billion in assets. We advised the client’s Board and Investment Committee on their use of independent investment consultants. Brock’s work focused on maximizing value and streamlining the client’s processes and procedures. After conducting numerous interviews with board members, senior management and investment staff, current and prior board consultants, and senior management of comparable public pension funds, we presented strategies to clarify and optimize the board consultant roles and responsibilities.
Leading International Packaged Goods Company
We are advising a leading public, international packaged goods company concerning possible acquisitions, alliances, brand licensing and related strategies for execution. Our assignment includes the review of leading consumer brands in targeted markets and analysis of opportunities for expansion.
We advised our client in their development and commercialization of advanced, patented turbine technology, resulting in low energy production costs and creating new alternative energy projects including expanding its European presence and opening new markets. We assisted in consummating a private financing and advised in connection with a public offering.
An All-Natural Sweetener with Zero Calories
We advised on various marketing and branding initiatives as well as on the creation of a global advisory board. We assisted in developing a strategic growth plan for this cross-border enterprise including financial projections and product positioning.
Power and Fuel from Sugar Cane
We advised an energy production company in developing an integrated energy bio-refinery to produce ethanol. We advised the company on significant state and federal tax credits. We advised in connection with financing requirements and provided working capital.
Acquisition and Roll-up of Distributorships
We advised a multi-state distribution company on acquisitions, integration and consolidation strategies as well as capital planning and related financing. In addition, we developed a strategic plan to expand margins and enhance enterprise value.
Prudent Person Opinion
The Brock team provided one of the largest public pension funds with a prudent person opinion regarding the fund’s investment in a power transmission line. The fund agreed to the purchase of the 65-mile submarine high-voltage, direct-current cable line.
The Brock team provided the fund with a PPO relating to the program’s proposed purchase of a portfolio of three natural gas power assets- two peaking facilities, and a combined cycle facility- totaling 530 MW of capacity.
$500+ Million Investment in the Largest Publicly Traded Fund of Funds
We advised a major U.S. pension fund on a $500+ million investment which created the largest publicly traded fund of funds. This complex transaction involved the acquisition of a multi-billion dollar pool of selected private equity interests. We identified and advised in connection with the legal, financial, structural and valuation aspects of the transaction.
We advise a major U.S. pension fund in matters of due diligence pertaining to a potential investment in a turnaround, restructuring and other special situations fund.
Public Securities Offerings for Shipping Company
Brock Securities acted as co-manager of underwritten U.S. public offerings of NYSE listed common stock and preferred shares for a leading product, crude and LNG tanker operator headquartered in Greece.
Capital Raise to Purchase a Florida Hotel
Brock Real Estate was engaged to raise some $40 million of senior and mezzanine debt toward the purchase and re-positioning of the hotel portion of a property in Miami, Florida.
Qatar High-Rise Residential Disposition
Brock Real Estate/ Brock Securities was engaged to assist in the sale or other disposition of a luxury high-rise residential building in Qatar for approximately $125 million.
Pre-clinical Capital Raise for Hepatitis B and Hepatitis C Drug
Brock Securities assisted an Investigational New Drug discovery company to raise $7.5 million to fund Phase-I trials for a proprietary Hepatitis B and Hepatitis C drug.
Residential Real Estate Capital Raising
Brock assisted in all aspects of structuring a partnership which acquires, renovates and rents a portfolio of single-family homes in Westchester and Fairfield Counties. The partnership targets homes valued from $800,000-$1,300,000 to be rented primarily to relocating executives, eventually to be sold. Brock Securities was retained to raise debt financing and equity. The first close was completed in May 2012 with approximately $10 million in equity. The debt drawdown continues.
Capital Markets Advisory and Capital Raising
Brock Securities advised a 42-year old privately held shipping company on general strategy and on the acquisition of a fleet of handymax dry bulk vessels. Brock raised equity from one of the largest, most well-respected private equity firms by structuring a transaction, through which up to $250 million will be deployed for the acquisition of dry bulk vessels.
Korean/US Cross-Border Investments
We have signed a memorandum of understanding with the South Korean Province of Gyeongsanbuk-Do (Gyeonbuk) as part of the Korean Trade-Investment Promotion Agency’s (KOTRA) program to promote cross-border investments between Korean companies and investors and US companies and investors. As part of the understanding, Brock is to facilitate investment in Korean and foreign companies in Gyeonbuk and to advise Gyeongbuk concerning global investment trends as they relate to Gyeongbuk and Gyeongbuk’s initiatives for attracting foreign investment. The MOU also calls on Brock to participate in Gyeongbuk-sponsored investment funds, by means such as raising capital for the funds and administering and supervising the funds’ operations.