Cannings Purple tops M&A table for a third straight year
Cannings Purple, has topped Business News’ prestigious PR table for mergers and acquisitions for a third year in a row – confirming our status as WA’s leading investor and capital markets advisory group and as the consultancy-of-choice for deal-makers.
Managing Director Warrick Hazeldine says the outcome is testament to the quality of clients and advisory firms we work with, with Mineral Resources and Doray Minerals among our M&A clients last year.
Cannings Purple advised on 17 M&A transactions in 2018, with a combined value of $5.5 billion, taking our total for the past three years beyond the $10 billion-mark.
Among the major deals we advised clients on in 2018 were the $1.6 billion partnership between Mineral Resources and global lithium giant Albemarle, assisting founder Rod Jones with a $2.1 billion private equity-backed buyout of Navitas and the $421 million merger between Doray Minerals and Silver Lake Resources.
“We are delighted that when the top-end-of-town is looking to get a deal done, Cannings Purple is where they come for advice,” Mr Hazeldine said.
“With our local and national offerings and international links, we take pride in giving our clients the guidance and support they need to build, grow and raise their profiles and their businesses.
“Our diversity of expertise includes industry analysts, experts in sectors from mining through to property and agribusiness and a team of experienced business journalists.
“Their combined experience gives us unrivalled capacity to advise on deals at the highest corporate level, reflected in the breadth of transactions we have advised on, not only last year but over the past decade.”
Investor Relations Director, Andrew Rowell, commented: “With increasingly complex transactions due to compliance and corporate governance requirements, boards are looking to us for a range of expert advice.
“Our IR team has both buyside and takeover experience and specialises in strategic messaging and communications around M&A deals – using our media and broker relationships, professional writing and digital marketing to help shift investor sentiment.
“With an in-house Design and Digital team and one of Perth’s leading Government Relations teams, we have the diverse advisory skills to service clients’ needs during a transaction, something that saves both time and money.”
Cannings Purple’s IR team includes Director of Media Strategy Peter Klinger, Queensland-based Director Peta Baldwin, Associate Director Michael Cairnduff, Account Manager Peter Kermode and Consultant Fraser Beattie. The IR team works with and under the guidance of co-founding Managing Director Warrick Hazeldine and CEO Annette Ellis as part of a larger 40-person team.