CAG is an independent partnership specializing in professional investment banking advisory services for entrepreneurs and private equity funds, in particular mergers and acquisitions (M&A) and raising expansion capital.
EDWARD D. MACDONALD III
- HARVARD COLLEGE – Graduated Magna Cum Laude in June 1987 with an A.B. in International Relations. Senior Honors Thesis was on U.S.-Soviet diplomacy. Two John Harvard scholarships. Phi Beta Kappa. Harvard Model U.N. Undergraduate Associate – Center for International Affairs. Institute for Politics. Tai Kwon Do Club.
- ABN AMRO CORPORATE FINANCE, Warsaw – Director: responsible for the execution of a series of private placement and advisory assignments, including a US$40 million convertible debt offering for EMPiK Centrum Investments, a subsidiary of Eastbridge, which also operates the largest department store chain in Poland (Domy Towarowe Centrum) and the largest multimedia retailer (EMPiK); a US$21 million private equity placement of shares of Eastbridge; a US$20 million private equity placement for Bresnan International Partners (Poland), the second largest cable operator in Poland, and subsequent advisory work on a US$60 million bridge loan; a US$30 million private equity placement for Canal+ Polska, the Polish affiliate of Europe’s largest pay television provider; a US$5 million private equity placement for Telewizyjna Korporacja Inwestycyjna, a media investment vehicle; a US$24 million sale of an interest in Canal+ Polska to a Polish investor; a US$17 million sale of an interest in a photographic products division to a joint venture partner; a US$6 million purchase of a fotolab operation; a joint venture advisory assignment for Nuovo Pignone, a subsidiary of General Electric; and, a joint venture advisory assignment on behalf of SBS, one of the largest media groups in Europe, in an attempt to acquire one of Poland’s four commercial television broadcasters.
- POLISH AMERICAN ENTERPRISE FUND, Warsaw – Analyst: analyzed a wide variety of projects and was a key member of the teams that: purchased, together with INVESCO, Capital Research International and Owens – Illinois, Jarosław Glass, Poland’s largest container glass manufacturer, from the State Treasury for US$20 million; purchased Pakpol, a large state-owned packaging company, for US$5 million; structured a US$6 million convertible loan to ITI, one of Poland’s largest private media and entertainment companies; and completed, together with OPIC and the EBRD, a US$5 million loan to Lodom, a cold storage facility in Poland.
- DONALDSON, LUFKIN & JENRETTE SECURITIES CORPORATION, New York and San Francisco – Associate: involved in the execution of a wide variety of transactions, including public and private debt and equity offerings, mergers and acquisitions, and leveraged buyouts in a diverse range of industries such as software, hardware, telecommunications, auto parts manufacturing, real estate investment trusts and natural foods distribution. Clients included Oracle, DSC Communications, Symantec, Sequoia Systems, RasterOps, JP Industries, Western Investment Real Estate Trust and Vestro Foods.
URSZULA E. WOŹNIAK
- MBA, FINANCE – Joseph L. Rotman Centre for Management, University of Toronto.
- The Chartered Financial Analyst (CFA) Designation
- ABN AMRO CORPORATE FINANCE, Warsaw – Associate: involved in the execution of a variety of projects and was a key member of teams that completed: a US$40 million convertible debt offering for EMPiK Centrum Investments, a subsidiary of Eastbridge, which also operates the largest department store chain in Poland (Domy Towarowe Centrum) and the largest multimedia retailer (EMPiK); a US$21 million private equity placement of shares of Eastbridge, a major retailer and wholesaler in Poland; the privatization of Skawina, a major producer of refractory materials in Poland; a US$20 million private equity offering of Stocznia Gdynia, Poland’s leading shipyard; and, a spin-off of PepsiCo’s US$86 million chocolate operations in Poland.
- CANADIAN IMPERIAL BANK OF COMMERCE (CIBC), Toronto – Financial Analyst, Corporate Development Program
- CIBC WOOD GUNDY CAPITAL: analyzed a variety of projects, including a management buy-out of a leading newspaper company, the spin-off of the fast food operations of a major food and beverage producer, and investments in a specialized pharmaceutical company, a medical service provider, and a hockey stadium operator. Completed several industry surveys covering trends, size and competition. Conducted valuation analysis, including discounted cash flow models and comparable analysis. Prepared investment committee memoranda.
- DELTA PLUS: key member of CIBC’s internal team for this strategic project completed in conjunction with McKinsey & Co. Analyzed relationship between the size of retail loan & mortgage portfolio and increased automation. Highlighted potential flaws in a new loan scoring system. Developed a financial model analyzing feasibility of traditional branches in light of automation and tele-banking.
- CIBC WOOD GUNDY’S FINANCIAL CONTROL: designed a risk management reporting system to track trading performed by various units of the bank. Developed a report examining implementation of cost reduction initiatives. Coordinated and revised quarterly process of off-balance sheet reporting.
- CIBC CAPITAL MANAGEMENT: reviewed activities of over a hundred CIBC subsidiaries and recommended several closures. Analyzed a variety of tax structuring mechanisms for CIBC’s non-domestic banking operations. Examined CIBC’s domestic and foreign subsidiaries for capital adequacy.