ory


BCP
BCP

"A Bridge to Capital, A Seed for Growth, A Partnership for Success"

Selected Transactions

  • Cyber Networks, Inc. An infomediator, parallel search engine technology company. Brown Capital Partners continues to advise and evaluate on strategic partnering and acquisition proposals. BCP holds an equity stake.

  • Investment Job.com provides an electronic marketplace for professionals in the investment community. Brown Capital Partners secured$500,000 in early-stage financing and advised on incubation strategy, process and transition. Closed April 9, 2000.

  • PepsiCo's tax-free spin-off of its restaurant group consisting of Pizza Hut, KFC and Taco Bell brand concepts into a separate, independent company now known as Tricon Global Restaurants, Inc. This was a $5.5 billion transaction consisting of: a five year $2 billion senior unsecured term loan; and a five year $3.5 billion senior unsecured revolving credit facility. Citicorp was one of four arrangers on the transaction. Closed October 6, 1997.

  • CPC Inc. (now known as Best Foods with many brand name food products) tax free spin-off of its corn refining operations, into a separate, independent company now known as Corn Products Inc. This spin-off was funded by a $350 million revolving credit facility, which was largely used as a dividend payment to the parent CPC. Citicorp was sole arranger. Closed December 5, 1997.

  • Campbell Soup's tax free spin-off of its non-core food group into a separate, independent company known as Specialty Foods (various well known brand name products). Funding consisted of a $750 million, five year senior unsecured revolving credit facility. Citicorp was an agent in the transaction. Closed February 9, 1998

  • Cyber Networks, Inc. An infomediator, parallel search engine technology company. Ridgewood Partners raised and advised on start-up and early-stage financings of $2 million. Initial funding closed August 18, 1999.

  • East Broadway Mall refinancing of $4 million. Ridgewood Partners advised and restructured on mortgage refinancing and possible sale and leaseback. Closed February 2, 1995.

  • AT&T's acquisition of NCR Corp. AT&T launched a hostile bid valued at $7.5 billion. Lengthy proxy fight to remove NCR's poison pill and take control of the NCR board. Wachtell, Lipton was outside counsel to AT&T. Closed May 5, 1991.

  • Matsushita Electric Industrial's acquisition of MCA Inc. Friendly cash tender offer of $5.7 billion and the assumption of $1.4 billion of debt. MCA's WWOR -TV station was simultaneously spun-off. Wachtell, Lipton was outside counsel to MCA. Closed January 13, 1991

  • Schneider SA (France, telecomm.) offered $78 per share in cash for Square D Co. (USA, electronics) valued at $2.3 billion. Square D sued Schneider on anti-trust grounds, bid was increased. Wachtell, Lipton was outside counsel to Square D. Closed on July 2, 1991.

  • Whitman Corp. (consumer food products) spun-off its Pet Inc. subsidiary for $1.6 billion. Whitman restructured its major food operations, splitting them into three divisions. Wachtell, Lipton advised Whitman. Closed April 4, 1991.


Brown Capital Partners, Inc @2000