$100m Global Financing
Kayode Odeyemi
IBM Watson AI, Data & Cloud Partner | Quants | Energy | Data Centers | Private Equity
It’s 2022. So we start early so we don’t return empty handed.
Bad Numbers
Beware of the Lollapalooza Effect.
The Numbers That Triggered MainOne Acquisition
If you remove tax and inflation, you still get about 7x return on your money. Cut that 14x EBITDA multiple in half and you have about the same exit valuation as our benchmark for Data Centers in Africa. The fibre asset was significant.
That was timely. We don't like dead markets in analog modes…
It feels good to be “right on the money”.
CoreSite Margin of Safety
The 51% Margin of Safety.?
8 years in the making, 200+ finance books
American Tower picked up CoreSite at 22% premium to Enterprise Value. $5.7B in free cashflow. Very good business.?
The valuation mirrors our analyst report. Watching closely how this market evolves. If your business generates FCF of $25m+ and seeking $500M+ in equity deal, drop me a note.???
Adjusting for LIBOR exit
Time to recalibrate
Debt Financing
Put some personal financing in those offers, will ya. Put in some effort. “We all see the same sun, but we don't eat the same meal”
Risk
It’s not a plague. Price it in.
The Man, the Myth
My dad at 70.
Bab Sheriff Ludo Game: The most played board game in every African family’s home.?
Time for the game changer in Gaming.
Currency flip flops and dead Exchanges
The money that's hard to find is difficult to trade. Let go the hand brakes.
We’re in the market for good-to-great opportunities. So if you would like to solve puzzles with us, read the fact sheet to know what keeps us up at night and call us right now. ?? ??