At CardinalStone, we seek to provide customized solutions to our clients based on our understanding of their strategic objectives. Our focus is to grow with our clients, build relationships based on trust and show developed competence to support businesses at different points in their lifecycles including navigating cyclical downturns.

We cater to clients across diverse sectors and provide expert advice to both large and mid-sized companies as well as government agencies both locally and across the West African region.

We apply ingenuity and deep market knowledge in exploring the full spectrum of financing alternatives in raising capital for our clients. Our investor relationships cover the full spectrum of the private capital markets including private equity funds, pension funds, insurers, strategic investors, fund of funds, investment trusts, sovereign wealth funds and family offices.

We aim to be a long term, trusted adviser and financier to our clients.

We run an independent, conflict free structure and have a team of highly trained professionals with exposure to best-in-class transaction structuring and execution experience. We continue to leverage our resources and relationships to support businesses by providing the following service offerings:

Service Offerings

We deliver tailored professional advice to clients on strategic transactions through the application of our deep market knowledge and in-depth industry expertise to meet their short to long term strategic objectives. Our value proposition is to advise and support corporates looking to explore growth opportunities or reposition their operations for better value creation.
Our financial advisory capabilities include:

  • Mergers and Acquisitions (M&A) advisory – sell side and buy side
  • Strategic Sales and Divestitures
  • Corporate and external restructurings
  • Spin offs and demergers
  • Fairness opinions
  • Joint ventures and strategic alliances
  • Recapitalization
  • Balance sheet optimization

Our team has competence in structuring both senior and subordinated debt solutions. In addition to providing clients with access to funding, we also offer strong pre and post transaction support. The breadth of our structured finance service offerings includes:

  • Debt Advisory – bank debt, commercial papers, refinancing of existing facilities, hedging, bridge financing and mezzanine financing
  • Restructuring – lender negotiations and recapitalizations
  • Short term equity backed facilities
  • Project Finance Advisory

We assist clients in accessing financing from both the debt and equity capital markets. We advise our clients on the financing options available to them, valuation of their securities, the performance of the market and how that impacts their proposed offerings as well as guide them through the entire regulatory approval process to successful transaction close. We also help in managing their communication with the market both immediately after a transaction and subsequently.
We are supported by a research team with deep sector expertise and an investment advisory team with access to a large pool of retail, high net worth individuals and institutional investors.
Our capital market service offerings include:

  • Initial Public Offerings (IPO);
  • Rights Issues
  • Secondary Offerings
  • Bond Issues
  • Commercial Papers

Transactions

Financial Adviser and Issuing House to

a Top 3 Pharmaceutical Manufacturer

On its N4.35 Billion Capital Raising Exercise Via a Rights Issue and Bond Issue

2019

Exclusive Financial Adviser to

a Leading Healthcare Group

On its
Scheme of Merger via an External Restructuring of four (4) entities

2019

Financial Adviser to

a top indigenous private equity firm

On its 100% Divestment from a leading Multi-million dollar PVC packaging manufacturer

2018

Financial Adviser and Issuing House to

a Top Insurance Company

On its
Acquisition of 29.9% equity stake by AFIG Funds

2018

Exclusive Financial Adviser to

a leading healthcare retailer in West Africa

On its US$ 18 Million Capital raising exercise Via Private Placement

2018

Joint Issuing House to

a Top Tier II Bank

On its N32.9 Billion Capital Raising Exercise Via Bond Issue

2018

Joint Financial Adviser to the Shareholders of

a leading Discount House

On the Sale of its shares with an Enterprise Value of $100 million

2014

Joint Issuing House to

a Top Tier II Bank

On its N19.7 Billion Capital Raising Exercise Via Private Placement

2014

Exclusive Financial Adviser to

a major financial services provider

Divestment of its 100% Equity Shareholding in Finbank Capital Limited, Finbank Securitization Asset Mgt Ltd, Arab Gambian Islamic Bank; and City Securities (Registrars) Limited

2014