Winica Consulting’s Post

📣 𝗡𝗲𝘄 𝗦𝘁𝗮𝘁𝗲 𝗔𝗶𝗱 𝗕𝗹𝗼𝗴 by Phedon Nicolaides is 𝗢𝗨𝗧 𝗡𝗢𝗪! -A State-Owned Company Acts as a Private Investor – Part II- 🔍 In Part II of our analysis, we delve deeper into the European Commission's examination of State Aid measure SA.58607, focusing on whether AMCO’s actions conferred any advantage on Ferrarini in their financial dealings. This case continues to explore the implications of state-owned entities operating with sufficient autonomy in the market. 1️⃣ 𝗔𝗱𝘃𝗮𝗻𝘁𝗮𝗴𝗲: The Commission assessed whether AMCO’s intervention aligned with market conditions. It concluded that AMCO acted as a private operator, aiming to maximize recovery of its claims. The decision to partner with Pini Italia, approved by the court, was rooted in financial and industrial strategies, ensuring that AMCO’s actions were driven by economic logic rather than State influence. 2️⃣ 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗻𝗴 & 𝗥𝗲𝗳𝗲𝗿𝗲𝗻𝗰𝗲 𝗥𝗮𝘁𝗲: The Commission scrutinized the EUR 12 million loan granted by AMCO to Ferrarini, considering whether the interest rate was in line with market benchmarks. Given the high level of collateralization and AMCO’s efforts to ensure fair market practices, the Commission found the loan terms consistent with those expected of a diligent private creditor. 3️⃣ 𝗢𝘃𝗲𝗿𝗮𝗹𝗹 𝗖𝗼𝗻𝗰𝗹𝘂𝘀𝗶𝗼𝗻: The Commission concluded that AMCO’s intervention did not confer an undue advantage to Ferrarini. By operating as a prudent private operator, AMCO’s actions were in line with market economy practices, leading the Commission to dismiss the complaint entirely. 🔗 To understand the full implications of the decision, read Part II of the analysis at the provided link: https://lnkd.in/exJrbraG #StateAid #StateAidFunding #AMCO #Ferrarini

Matouk Bassiouny & Hennawy (MBH) advised Beltone Capital on the signing of a joint venture agreement and other related agreements with Crif to launch a credit ratings and business solutions company. The MBH team was led by partner Mohamed Abdel Fattah (head of capital markets, pictured left), partner Muhammad Nassef Ali (pictured right), counsel Omar Adel, and senior associate Khaled Abd-Elwahab. Read the full article >> https://lnkd.in/d53bF-w4 #LegalcommunityMENA #legaladvisor #jv

The CFP SDL UK Free Spirit Fund has completed a purchase of a new holding in Nichols plc. Nichols has been traded on AIM since 2004 (and on the Official List long before that) and is famous for its Vimto range of branded cordial and soft drinks🍇 Prior to building the holding, the team visited the Nichols HQ in Newton-le-Willows. Fund managers, Eric Burns and David Beggs, are pictured with CEO, Andrew Milne and CFO, Richard Newman. Read more on Trustnet; https://lnkd.in/eGe4-JQs #portfolioholding #vimto #investmentmanagement The information and opinions contained in the article do not constitute advice or a recommendation nor an offer to buy or sell any security or other financial instrument. Past performance is not a guide to future performance; the value of an investment and income from it can go down as well as up. Your capital is at risk.

Next Thursday, I am once again teaming up with ALPMA: Australasian Legal Practice Management Association and the brilliant, Debra Filippin, to present on how partners (current and emerging) can use strategic marketing and business development strategies to build and grow their practice. This session will touch on: ⭐ identifying your point of difference; ⭐ standing out in a competitive market; ⭐ building a business plan; ⭐ developing a pipeline; and ⭐ marketing activity to help become the 'obvious choice' for your clients. Sound interesting? We will keep it fun, I promise. You can register here - https://lnkd.in/gdEr8zjc #lawfirmmarketing #businessdevelopment #legalmarketing

The Vicat group announces the financial results for the first half of 2024. ➡️ Click here to read the press release: https://lnkd.in/dehYpqEz 🔎 Want a quick overview? Check out our slide show below 👇 #BuildingLivingTogether #Vicat #CA

🚨 When Andreas Munk Holm suggested that Evan Finkel and I jumped on the EUVC pod for a no-filter conversation about the LP/GP relationship, he clearly wanted trouble – and he knew exactly who to ask to stir it up! And I am grateful he did because this is a topic both Evan and I feel very passionate about. GPs and LPs need each other, but too often, we don't fully understand each other’s perspectives and actions. The goal of this brutally honest conversation is to increase our understanding and mutual respect, so we can build genuine and constructive LP/GP relationships and grow together as partners. Unsurprisingly, when you give Evan and me a mic, we barely got to half of what we wanted to cover (stay tuned for Part II). But we did manage to chat—nothing off-limits—about: 🚦 reups and LP signalling: should large/anchor LPs take on more responsibility and mind the GP timeline? 🤝 first closes: are they really in LPs' best interests, what are the risks and how can GPs incentivize them? 🤑 fees, carry, and allignment of incentives: 2% vs. 2.5%, frontloading, kickers and European vs. American waterfalls? 🔮 real-life tips from a GP fundraising and an LP actively investing And we saved the best for Part II... 🤔 how do LPs assess fund performance, especially in early funds  ⛔ the do’s and don’ts from both sides – from LPs missing capital calls to GPs not accepting a pass. What should we stop doing to work better together? ❔ anything else you want us to discuss? Drop your thoughts in the comments, and we’ll dive right into it. The more we GPs and LPs understand and respect each other, the stronger our relationship becomes, the better we can serve founders. #letsdothis https://lnkd.in/dgpJu2wm Cocoa 🍫 Integra Global Advisors

Exciting news! 🗞️ We have officially partnered with SVN Commercial Tampa-Sarasota to provide expertise in business sales, exit planning, and valuation services for businesses with revenue between $1-40 Million. Are you an industrial, retail, or office broker missing out on additional commissions due to a lack of expertise in executing "business" sales? Have you been disappointed with other business brokers? Are you only providing real estate apprasials to your clients with operating companies inside CRE? We're here to collaborate with you and help assist your clients with the sale of their businesses and provide exit planning and valuation work. Reach out to us today, no matter where you are in the country, let's work together to generate more $$$ for you and your clients. SVN | Commercial Advisory Group SVN® International Corp. Thames Management Resources LTD @brianmckintyre @mikemigone Planning to be in Nashville at the International Carwash Association show May 13-15? Stop by our booth or shoot me a DM to schedule an appointment to start planning your enivtable exit from your company. #cre #businessbroker #businesssales #tampa #sarasota #newhire #BusinessSales #nashville #carwash #ExitPlanning #ValuationServices #CommercialRealEstate #BrokerageServices #InvestmentOpportunities #Entrepreneurship #MergersAndAcquisitions #BusinessOpportunities #BrokerCollaboration #RevenueGrowth #BusinessConsulting #FinancialAdvisory #SmallBusiness #MidMarket #DealMaking #WealthManagement #BusinessOwners #StrategicPartnerships #ClientSuccess #IndustryInsights #ProfitMaximization #ConsultancyServices #MarketExpansion #BusinessDevelopment #RevenueStreams #CorporateStrategy #InvestmentPortfolio #BusinessGrowth #CommercialBrokers

Let's give a huge shoutout to our incredible team members, Ben and Brendan! At Everest Business Funding, trust and honesty are at the core of everything we do. 🏆💼 #ClientReview #TeamAppreciation #EverestBusinessFunding

Another Sunday, another negotiation class, this time only to finish what we started six months ago. Probably one of the longest negotiations of my life, and I can only wish that it didn't have to end. Sanjeev Nandwani Sir, thank you for introducing me to the world of negotiations. You're the reason, I still remember the first negotiation exercise, without even remotely trying hard to remember anything. First time ever, didn't need to open the book to learn, to remember, and to sit for the exam. Wishing you good health, Sir! #negotiations #iift #sundayfunday

KBRA assigns #preliminaryratings to #Subway Funding LLC, Series 2024-1. Subway 2024-1 represents the inaugural #securitization in which Subway Worldwide Inc. will contribute substantially all of its domestic revenue-generating assets to the Issuer as collateral for the offered notes. Transaction cash flows are primarily derived from top-line royalty payments from system franchise locations in the United States (excluding its territories and possessions). Read more details about our ratings here: https://lnkd.in/eDk8_H47 | #subwayfranchise #subwaysandwiches #wholebusiness #ABSsecuritization