Baringa Partners

Our Approach

  • We offer advice on complex M&A and partnership transactions
  • We are experienced in strategic negotiations and advising on overall transaction approach
  • We bring deep sector insights, combining our expertise in Sustainability and Asset Management, particularly ESG-driven businesses

We employed these capabilities when we advised Baringa Partners on a new, long-term partnership with BlackRock and the sale of its Climate Change Scenario Model.

Sector

Energy & Sustainability Financial Services Industrial Technologies & Services
Baringa Partners
BlackRock

Public or Private: Public

Client Position: Seller

  • Company Profile
  • Transaction Background
  • What We Did
  • Outcome

Baringa Partners is an independent business and technology consultancy which operates globally. The Climate Change Scenario Model is an industry-leading model utilising Baringa Partners’ capabilities and specialist experience in advising government, energy, and financial services clients on climate risk over the past 20 years. It assists clients with assessing climate risk and reallocating capital to achieve net zero emissions.

  • Baringa developed a market-leading Climate Change Scenario Model currently used by clients with assets totalling more than $15 trillion
  • Through its Aladdin platform, BlackRock seeks to set the standard for modelling the impacts of climate change for investors, banks and other clients, from which it generates significant licence revenues
  • Established framework for partnership discussion, financial model, business plan, and valuation
  • We negotiated a complex transaction to achieve a mutually beneficial relationship whereby:
    • The Climate Change Scenario Model becomes Aladdin Climate
    • Baringa and BlackRock will continue to develop the model together
    • BlackRock licences Aladdin Climate
    • Baringa provides consulting services to Aladdin Climate clients
  • Both Baringa and BlackRock should derive significant strategic and financial benefit from the partnership, in a core strategic area of ESG

Pensions Infrastructure Platform

Our Approach

  • We take time to understand stakeholder objectives and are experienced in managing multiple interests
  • We provide choice by bringing a range of relevant counterparties to the opportunity
  • Aligned with your strategic goals, we have deep knowledge of the asset management and sustainability sectors

We employed these capabilities when we advised PiP on its sale to Foresight.

Sector

Energy & Sustainability Financial Services
Pensions Infrastructure Platform
Foresight Group

Public or Private: Private

Client Position: Seller

  • Company Profile
  • Transaction Background
  • What We Did
  • Outcome

Pensions Infrastructure Platform (PiP) is a UK infrastructure asset manager with a net asset value of over £700m and a portfolio of 17 assets across the Renewable Energy, Social and Transport sectors.

Founded in 2013 under the leadership of the Pensions and Lifetime Savings Association and backed by five major UK pension schemes, PiP’s purpose is to enable pension fund managers to invest more in UK infrastructure.

  • The PiP board was searching for a new owner to support the company in its next phase of growth
  • With many stakeholders involved in PiP, there were multiple interests to be represented
  • Throughout the transaction, we understood the perspectives of all stakeholders and helped to coordinate them with the best outcome in mind
  • We managed a competitive process and used our relationships to introduce relevant counterparties
  • Our process identified Foresight as the optimal partner to support PiP
  • The result was a successful transaction providing greater resources for PiP to grow and wider infrastructure exposure for Foresight