LONDON, January 18, 2010
Renaissance Capital and Strand Hanson announce strategic alliance focused on
AIM and Emerging Markets
LONDON, January 18, 2010 - Emerging markets investment bank Renaissance Capital and London based
independent corporate finance boutique Strand Hanson Limited are pleased to announce that they have
entered into a strategic alliance that will focus on M&A transactions and equity capital markets (ECM),
principally for emerging markets issuers on the London Stock Exchange’s AIM market. As part of the
alliance, Renaissance Capital has acquired an equity stake of 9.9% in Strand Hanson.
In 2009, Renaissance Capital was the No. 1 adviser on AIM by aggregate volume for ECM and M&A
transactions*, while Strand Hanson is the No. 1 AIM Nominated Adviser for companies in the Oil & Gas
sector, and a leading adviser in the Natural Resources sector**. The partnership combines Renaissance
Capital’s leading position in securities sales and trading, equity and debt capital markets, M&A and research
in the CIS and Africa with Strand Hanson’s acknowledged position as a leading AIM Nominated Adviser,
UKLA Sponsor and Takeover Code practitioner.
Andrew Cornthwaite, Deputy CEO and Head of Investment Banking at Renaissance Capital, said,
“Renaissance Capital’s partnership with Strand Hanson creates a leading force on AIM. Together we expect
to lead capital raisings for AIM companies and advise on M&A transactions from Renaissance’s traditional
markets of Russia, Eastern Europe, Central Asia and Africa and further expand our reach to AIM companies
globally, particularly those in the Oil & Gas and Mining sectors. The alliance will benefit both corporate and
investor clients.”
The Hon. Robert Hanson, Strand Hanson’s Chairman said, “I am delighted to see Strand Hanson form this
strategic alliance as it will particularly strengthen our offering to clients in emerging markets.”
Simon Raggett, Chief Executive of Strand Hanson, said, “This alliance represents another significant step
forward in the development of Strand Hanson, following our recent MBO and the appointment of Robert
Hanson as Chairman. Renaissance Capital is a leading player in key emerging markets, particularly from a
sales and research perspective, and its skills complement our own reputation for advising natural resource
companies on a range of corporate transactions including successful fundraisings and M&A deals. London
as a financial centre is ideally positioned to continue to advise on the flow of funds and deals particularly
from Asia, India, Africa, the Middle East and the CIS, while AIM has been a particularly successful conduit in
this regard, and we believe it will continue to be the market of first choice for many successful businesses.”
* Bloomberg
** Hemscott
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