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 Transition & Climate Change Financial Services Industrial Technologies & Services
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
Transaction Team
Colin joined Opus in 2018, having previously been at Canaccord Genuity/ Hawkpoint and UBS Investment Bank, based in London and New York.
Colin has broad and international experience in M&A, disposals, and capital raisings, including a number of IPOs and follow-on offerings specialising in complex cross-border projects, integrating M&A and funding strategies.
Colin embarked on his career in investment banking with SG Warburg in 1993, following qualifying as ACA with Price Waterhouse in London. He worked in New York from 2002-2007, with UBS Investment Bank, where he was responsible for some key client relationships and involved in numerous high-profile transactions.
At predecessor firms, Colin has variously been Head of Industrials, Co-Head of European M&A, Head of Capital Goods and Head of European Software.
Over the years, Colin has acted for many clients, in recent years notably INEOS, Cape, Hamworthy, GE, 3M, Siemens, Colfax. In recent years, Colin has also played a key role in a number of LSE IPOs, namely Polypipe, Volution and Eurocell.
He has a LLB (Hons) degree from Edinburgh University and is a member of the ICAEW.
DEXMA
Our Approach
- We are committed to providing best advice and delivering the right outcome for our clients
- We are experienced in managing cross-border transactions
- We offer deep sector insights, bringing together our expertise in Sustainability with our focuses on Industrial Technologies and the Built Environment
We employed these capabilities when we advised DEXMA on its sale to Nemetschek.
Sector
Energy Transition & Climate Change Industrial Technologies & Services The Built Environment
Public or Private: Private
Client Position: Seller
- Company Profile
- Transaction Background
- What We Did
- Outcome
DEXMA was founded in 2007 and is based in Barcelona. The company leads the market in applying Artificial Intelligence to energy management in commercial real estate portfolios.
Using their database of 70,000+ buildings, DEXMA offer software which is able to benchmark energy consumption, identify outliers, and produce sophisticated energy efficiency proposals that are easy to understand, prioritise, and act upon.
- DEXMA’s objective was to maximise the deployment and impact of their technology, and accelerate reduction in carbon generated by commercial real estate
- To achieve this, the company was seeking new, strategic ownership giving access to larger distribution channels, sales resources and cross-selling opportunities
- We managed an international, competitive process, which identified strong interest from strategic counterparts across building control and energy hardware, software and services businesses
- The result was a successful sale to Nemetschek, which offered strong alignment to DEXMA in terms of product offer and client base
- Access to greater distribution will deliver the company’s strategic growth aspirations