CORPORATE PROFILE 2020 - Mindspring...Copyright © Mindspring 2020. All Rights Reserved 11 Mindspring Corporate Profile Team Profile Apeksh has 3 years of experience in thefield of

1Copyright © Mindspring 2020. All Rights Reserved

Mindspring Corporate Profile

CORPORATE PROFILE 2020



Our Mission

Define

DeliverDelight

Three words that convey a powerful meaning about what we truly stand for. As an organization, we strive for customer delight. By defining specific targets and action plans, we convert these new ideas into a fruitful reality.



Introduction

Besides India, Mindspring forayed into internationalmarkets, first in the Middle East and later to clientsoriginating from Europe and North America for consultingand inbound investments into India. It is a Founder Memberof I-DealNet.com, a network of international M&A firms

Mindspring, founded in September 2004, is a mid-market firmcomprising professionals with rich experience and core focus inthe field of Corporate Finance & Management Consultancy.



Services We Offer

End-to-End Solution

▪ We believe that a Client expects the financial advisor to assist him in appointing and

coordinating with other advisors (e.g. legal, tax) in the course of an engagement .

▪ Through our close association with a reputed law firm and experienced tax professionals, we

are confident of offering such end-to-end solutions, whenever need arises.

Transaction Advisory

• Mergers & Acquisitions

• Private Equity/VC funding

• Valuation Analysis

• Due Diligence Reviews

• Corporate Restructuring

• Debt Syndication

• Debt Restructuring

Business Consulting

• Shared CFO services

• Business Planning

• Feasibility Studies

• Corporate Restructuring

• SOP & MIS Development

• India Entry Strategies

Industrial Consulting

• Total Productivity Management

• Quality Management

• Operations Efficiency Enhancement

• Organization Structuring

• Workflow Improvements



International Network

▪ We have a network of International Partners in North America and Europe for services in those markets. We are the founder-member of i-Dealnet, the international network of corporate finance advisory firms with presence in Americas, Europe and Asia.

▪ Within India too, we work with local associates in various cities on a need basis in order to increase work efficiencies on projects.

UK Benelux

Canada

FranceGermany

USA

Italy

Mumbai

Spain

China



Key Value Differentiators

• Involvement of senior level resources throughout the engagement leads to an effective and efficient path towards deal closure.Senior Resource Involvement

• We are not plain “Deal Makers” but consider ourselves an extension of shareholders’ strategy team and an integral part of the company’s management team.

Personalized

Touch, Long Term Relationship

• Besides the deal advisory process, we act as the single focal point for all constituents of the deal

• If necessary, we can help appoint suitable advisors for tax and legal support on the project.

Whole Gamut of Services



Rishikesh ShintreFounder & Director

▪ Rishikesh has 19 years of experience in the field of Management Consulting and

Investment Banking across sectors like Auto & Engineering, Food and FMCG, BFSI

& BFSI Tech, Healthcare Tech, Building Materials, Pharma & Lifesciences, etc.

▪ He has worked with domestic clients such as Seshasai, Datar Switchgear, Meru

Taxis, Avalon Cosmetics, Valentine Agro, Rajiv Plastics, Euro Fruits, Ramesh

Flowers and international clients such as Morgan Stanley, Kerakoll, Sacmi, Naturex,

Hoerbiger and SEPPIC. Further, he has advised numerous start-up companies over

the years including Pentation, Datar Genetics, WayBeyond Media, Pingal Tech, etc.

on their business strategies as well as fund-raising processes.

▪ Prior to setting up Mindspring, he worked with Ernst & Young in the corporate

finance practice for 5 years. He advised clients on Business Re-engineering and

Strategic actions, besides several M&A and Growth Capital Transactions.

▪ Rishikesh is a Chartered Accountant (Gold Medalist) from Institute of Chartered

Accountants of India as well as a Cost Accountant & Company Secretary.

Team Profile



Anup LaiwalaDirector

▪ Anup has 18 years of global experience working with MNC companies, Private Equity groups and

has been a Start-Up co-founder. Anup works as a trusted advisor to CEOs/senior management for

all financial related activities.

▪ Anup has experience across sectors like financial services, telecommunications, technology

(Enterprise, B2C, SaaS, Consulting, Hosting, Software development), auto and fintech among

others.

▪ He has advised on multi-million dollar projects (multiple countries across Asia, Europe & USA) from

strategy, profitability, taxation, invoicing, commercial negotiations and contractual obligation

perspective.

▪ He has extensive CFO-level experience across Indian and MNC businesses and various sectors. He

has experience working with multicultural, cross functional teams across different countries,

sectors and companies.

▪ He has expertise in helping CEOs / senior management make right strategic business decisions

based on strong analytical data and backed by financial metrics

▪ Anup is a Chartered Accountant from India and MBA-Finance from University of Illinois, USA. His

basic education (Master’s in Commerce) was completed from University of Mumbai.

Team Profile



Amol GokhaleDirector – Strategy & Business Development

▪ Amol has about 28 years of experience in Strategy, General Management and

Business Development roles across sectors like Auto & Auto Ancillaries, Industrial

& Engineering Products & Services and Agri Businesses.

▪ Amol heads Mindspring’s Business Development initiatives and assists in

formulating appropriate transaction strategies by leveraging his core industry

knowledge.

▪ Prior to Mindspring, he worked at Bosch, Cummins, NRB Bearings, ATS Elgi &

Escorts. In these roles, he was involved in various strategic activities such as

formation of joint ventures, cross-border collaborations & dealer network

development.

▪ Amol is a BE (Mechanical) from MIT, Pune.

Team Profile



Parag DatarHead – Industrial Consulting

▪ Parag has about 18 years of experience in most of business processes viz. Sales &

marketing, Business Development, Strategic Sourcing & Supply Chain

Management, Vendor Development and Production Planning & Control.

▪ In Mindspring, Parag heads Industrial Consulting, supports Business Development

in Industrial manufacturing and equipment sectors and is in charge of all TPM

Projects.

▪ Parag has rendered technical consulting to RR Plast Extrusions Private Limited,

Elcom and Apex Technopolymer.

▪ Prior to Mindspring, he worked with Apex Technopolymer (as CEO), Rinder India

Private Limited (as the Head of SCM & Global Sourcing, heading Materials

Department) and CSM Software & Kosi Plast (as GM Marketing).

▪ Parag is a BE (Polymer Engineering) from MIT, Pune and he holds a Diploma in

Finance Management from NMIMS as well as a Diploma in EXIM from ETTI

(Affiliated by IMC).

Team Profile



Team Profile

▪ Apeksh has 3 years of experience in

the field of Auditing and Financial

Analysis.

▪ He has worked in various sectors

such as Manufacturing, Heavy

Engineering, Hospitality,

Entertainment etc.

▪ He has strong experience in debt

syndication, project finance, fund

raising and M&A transactions.

▪ Apeksh is a Chartered Accountant

and a CFA Level 3 candidate.

Apeksh PorwalAssociate

The Partners and Associates of Mindspring are supported by a team of Business Analysts during the execution of various projects.They carry out deep industry research as well as assist in preparing financial models and investment documentation.

▪ Tejas has 6 years of experience in the

field of Corporate Laws and

Corporate Finance.

▪ He has worked in various sectors

such as Education Tech, Retail,

Building Material, Healthcare, Auto &

Auto Ancillary, F&B, Engineering, etc.

▪ He has advised on greenfield JVs as

well as early stage companies in their

business strategy formulation. He

has worked on several M&A and PE

transactions.

▪ Tejas is a Company Secretary, LLB and

a CA Finalist.

Tejas WaghAssociate

▪ Our Corporate Legal team supports

the transaction advisors &

consultants on intricate regulatory

and legal aspects.

▪ Sanchit Ranade and Riddhi Patel,

both seasoned experts in corporate

legal work, have years of experience

of advising clients on legal

documentation, FEMA compliance

and corporate legal structures.

▪ They assist the core transaction

team on secretarial and legal due

diligence review and preparation as

well as during negotiation of

definitive contracts.

Corporate LegalExpert Team



Representative Credentials



Valentine AgroNaturex, France

Sale of Valentine

Acquisition evaluation of other

targets

2012

Meru Mobility

Advisory services to Founder in strategic

investment by Mahindra Group

2019

Representative Transactions (India & Cross-Border) - M&A, Joint Ventures and Other Transactions

AISA, Italy

Joint Venture with Nishna

Buildtech

2014

MK Dies

Sale to an HNI

2015

Uni-Automation

Acquisition of Resenso AG, Switzerland

2016

SEPPIC, France

Evaluation of an Excipient

Company in India

2013

Screen Print India

Sale of the Exhibition

Business to Messe Frankfurt, Germany

2017/2020

JV with Mr. Harsh Mariwala in

aquatic physiotherapy

2018

Aquacentric



Fami, Italy

Strategic Partnership with

Godrej Group

2007

Hoerbiger, Austria

Identification & Evaluation of Acquisition

Targets in India

2006

Representative Transactions (India & Cross-Border) - M&A, Joint Ventures and Other Transactions

Autoscreen

Sale of business to Saati, Italy

2008

Merger with L&T and Debt Restructuring

H- Farm, Italy

2009

Datar Switchgear

2006

Joint Venture with Times Group for a

start-up

Finotex Fibrecast

Sale of 50% stake to Court Holdings,

Canada & CCD Valuation

2011

Sky Gourmet

2010

Divestment of 100% stake by IHC to Gate

Gourmet, UK

IHC, UK/India

Acquisition of Adelie Foods, UK for $350 mn as an

LBO

2012



Representative Transactions- Fund Raising

Meru Mobility

PE Funding of ~$30+ mn

2007-2010

Financial investment & commercial

partnership by a leading Healthcare

Group

2016

Datar Genetics Vanity Case Group

PE Funding of ~$1 mn

2009-2012

Brand treaty transaction with

Times of India Group

2014

Datar Genetics

Assistance in HNI funding for a healthcare

education business

2018

Inditech

Assistance in funding from a

family office in a media-tech company

2017

WbM

Angel funding in a food-tech venture

2017-18

Faroma

PE Exit & Acquisition Finance

2019

Reliable Autotech



Representative Transactions - Debt Syndication and Restructuring

MK Dies

Debt Syndication

2015

Avalon Cosmetics

Debt Syndication totaling to $9 mn

2010-2012

Valentine Group

Debt Refinancing-Interest Cost Reduction

by 3%

2012

V-Link Group

Debt Financing totaling to $20 mn

2007-2009

Powerdeal Energy

Restructuring of $27 mn long term and short term debt

2015

Konstelec Engineers

Debt Syndication

2015

Affordable Robotics

Debt Syndication

2018

Reliable Autotech

Debt Syndication

2020



Representative Transactions - Business & Securities Valuations

Deutsche Securities

2014

Share Valuation

Tenova Multiform

2012

Share Valuation

BFSI Engineering

Mass-tech Controls

Business Valuation

2018

Industrial & EV Chargers

Gatiman

2019

Business Valuation

Auto Ancillaries

Exotech Zanini

Business Valuation

2014

Auto Ancillaries

Kooh

2016

Share Valuation

Sports Company

Sai Estate

Business Valuation

2019

Real Estate Services

GIST Advisory

2020

Business Valuation

Sustainability



SkygourmetCatering

2010-12

Representative Transactions - Brand & Intangible Valuations

Wah Restaurants

Bakery, Hotel, Restaurants &

Corporate Catering

2010-13

Cyber School Technology Solutions

2007

E-learning solutions

Flight catering business

ShawmanSoftware

2008

Brand Promotions

Event management

& IP

2012

Melstar

2007

IT SoftwarePOS Software for F&B Industry

Enchanted Valley Carnival

Event Management

& IP

2015

GRG ATM

IP Valuation in Rural Fintech

2020



Representative Consulting Projects- Market Analysis, Entry & Expansion

Casagrande, Italy

Corporate Structuring & Comprehensive

Company Formation

2010

Naturex, France

Detailed Market Scan to identify & evaluate Acquisition Targets

2012-13

Duralock, UK

Market AnalysisCustomer Profiling

2013

Marchetti, Italy

Market Analysis & Distributor

Identification & Evaluation

2014

AISA, Italy

Joint Venture Advisory & Comprehensive

Company Formation

2014

Kerakoll, Italy

Plant location studyIndependent Directorship

2010



Kerakoll

Management Audit

2010

Apex Engineering

Tranzlease

2007

Mehta Group

Due diligence

2011

Due diligence

Due diligence

2013

Representative Transactions (India & Cross-Border) - Due Diligence

Xpertech Inc.

Due diligence

2016

Travel Portal (AHS)

Due diligence

2015



Kerakoll

Seshaasai

Strategic Business Planning, SOP

Implementation, Operational

Improvements

2013-2017

Meru Mobility

Financial Control, Budgeting, Member

of Core Management

2007-2009

CFO Services & Independent Directorship

2007-2010

Avalon Cosmetics

Corporate Reorganization,

Financial Management

2004-2008

Representative Consulting Projects- CFO Services, Financial Management & Business Processes

Reliable Autotech

Capital & Debt Management; Stakeholder

Financial Planning

2018-2019

Inditech

CFO Services, Accounting &

Compliances & Investor Relations

2017-2019



Representative Consulting Projects- CFO Services, Financial Management & Business Processes

V-Link Fleet

SOP development & implementation for

operational, fuel management & MIS

2008

Atria Convergence Technologies

Formulation of organisational structure,

MIS, responsibility matrix & operations

SOPs

2009

IHC (Sky Gourmet & Mars Restaurants)

Development & implementation of

accounting & MIS systems

2011

AMA, Italy

Development & implementation of

factory SOPs, inventory management & MIS

system

2012

Mobi-Drink

Comprehensive Business & Financial

Management

2016-2017

Freshkins

Business Model Implementation,

Financial Monitoring & Control

2014



Representative Consulting Projects- Business Planning

Neo Milk

Business planning & financial modelling

2013

Seshaasai

Development of future business

strategy & reorganization of

accounting system

2013

Kelvin Cold Chain

2013

Business planning & financial modelling

Sky Gourmet

Budget planning & MIS development

2010-2013

Cyberschool

Business planning and

strategy formulation

2011



Representative Consulting Projects- Business Development & Business Consulting

Schnell

2012

Insightguru

Online tests, psychometric

evaluation & its commercial business

development

Marchetti

2014

An Italian luxury furniture company& its

commercial business development

2015

An Italian building material company & its

commercial business development

META

Driver training business and its

business development

Koldplay

2015

A branded ice-cream company &

its franchise development

2015

Monalisa

Staffing solutions business for

engineering services

2016



Industries Served

▪ Gems & Jewellery

▪ Information Technology

▪ Light & Heavy Engineering

▪ Logistics

▪ Luxury & Premium Fashion – Apparel& Accessories

▪ Media & Entertainment

▪ Metals & Mining

▪ Oil & Gas

▪ Pharma & Healthcare

▪ Plastics & Related Industries

▪ Real Estate & Hospitality

▪ Trading

▪ Travel Services

▪ Tourism & Hospitality

▪ Advertising

▪ Agri-products & Food Processing

▪ Auto Components

▪ Construction Industry

▪ Building Material

▪ Equipment

▪ Marbles & Granite

▪ Cosmetics & Personal Care

▪ Education

▪ Electrical Products

▪ Engineering & Contracting

▪ Facility Management

▪ Film Production

▪ Financial Services

…and in the course of our engagements we have interacted with several large diversified business

conglomerates, private equity funds and banks & financial institutions in India and overseas.


Mindspring Corporate Profile26

Illustrative Clientele (Domestic)

▪ Autoscreen Printing

▪ Affordable Robotics Industrial Products

▪ Datar Genetics Pharma & Healthcare

▪ Datar Switchgear Engineering

▪ Meher Capacitors Engineering

▪ Finotex Fibrecast Auto Components

▪ IHC (Sky Gourmet & Mars) Hospitality

▪ Mehta Group Paper & Packaging

▪ Meru Cabs Transport & Logistics

▪ Morgan Stanley BFS

▪ Nav Bharat Group Metals & Mining

▪ Pentation Analytics Fintech

▪ Pratham Technologies Industrial Products

▪ Priserve Engineering

▪ Samrat Plywood Building Materials

▪ Seshaasai Printing & Packaging

▪ Vanity Case Group Food & FMCG

▪ Valentine Agro Food & FMCG

▪ Way Beyond Media Media/Entertainment



Illustrative Clientele (International)

Europe

▪ Aisa, Italy Building materials

▪ AMA, Italy Auto components

▪ Casagrande, Italy Engineering

▪ Duralock, UK Building materials

▪ Edis, Italy Printing & Packaging

▪ Fami, Italy Industrial Storage

▪ FBM Termoplastic, Italy Plastics

▪ Gruppo Argol Villanova, Italy Transport & Logistics

▪ H-Farm, Italy Digital media

▪ Hoerbiger, Austria Industrial products

▪ J&E Sozio, France Food & FMCG

▪ Kerakoll, Italy Building materials

▪ Metal Work, Italy Components

▪ Modelleria Brambilla, Italy Auto components

▪ Naturex, France Food & FMCG

▪ Pedrazzoli, Italy Industrial products

▪ Sacmi, Italy Engineering

▪ Testi, Italy Building materials



Illustrative Clientele (International)

Middle East

▪ Al Ikhtiar Group, Oman Oil & Gas

▪ Al Riyami Group, Oman Diversified

▪ Bank Muscat, Oman BFS

▪ CMC Group, UAE/Qatar/Bahrain Services

▪ Cyberschool Technologies, UAE Services

▪ Government of Oman, Oman NA

▪ Gulf Cap, UAE BFS

▪ HDC, Oman Hospitality

▪ Horizon Energy, UAE Oil & Gas

▪ Noor Capital, UAE BFS

North America

▪ Court Holdings, Canada Auto Components

Africa

▪ Hashi Impex, Kenya Oil & Gas



Thank You !

Our Offices

Mumbai HO:704, Vakratunda Corporate Park, Off Aarey Road,Goregaon (E), Mumbai 400063 INDIA

Pune Branch:KothrudPune INDIA

Mindspring is a founding member of i-DealNet, an international M&A network

• London• Paris• Brussels• Toronto

• Birmingham• Reading• Stamford CT• Minnesota

Reach us electronicallyTel: +91 22 61276080 | Email: [email protected] |

Website: www.mindspring.co.in

http://www.i-dealnet.co.uk/

http://www.mindspring.co.in/

The information contained in this presentation is proprietary and confidential.

It is for Mindspring use only © 2020 Mindspring. All rights reserved.

www.mindspring.co.in

CORPORATE PROFILE 2020 - Mindspring...Copyright © Mindspring 2020. All Rights Reserved 11 Mindspring Corporate Profile Team Profile Apeksh has 3 years of experience in thefield of

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