The Grey Group, part of WPP, acquired a majority stake in the Volcano Group

2014 | Komen Capital acted for the principals of the Volcano Group

Volcano Group
Grey Group

"After carefully accessing the rapid changes and innovations taking place in the marketing and communications industry, the Volcano Group realised the need for a specialist mediator to represent their interests in finding suitable partners interested in forming a relationship with the Group. Although Volcano had been approached by several prospective global partners, we felt at the outset that Komen Capital revealed an understanding of the global market and a knowledge of the landscape of prospective suitors, and their respective value propositions. In approaching prospective partners on our behalf, Komen Capital demonstrated high levels of confidentiality, proficiency and professionalism, and their negotiating skills and acumen were exceptional in effectively leveraging relationships with the various suitors and bringing about the most suitable deal. Having assisted us to successfully conclude the deal with the Grey Global Group we recognised Komen Capital's value as a negotiator throughout the entire process, their thoroughness in preparation for commercial negotiations and the ability to maintain momentum in the transaction. The quality of advice and level of service provided, combined with excellent levels of responsiveness, enthusiasm and drive ensured that the deal delivered on the strategic proposition defined upfront and that Komen Capital lived up to the undertakings given at the outset. Subsequent to the deal being successfully completed, our close and ongoing post-transaction association with Larry Katz bears testimony to our long-standing relationship with Komen Capital. Due to his wealth of experience, mediating expertise and inordinate enthusiasm, Larry showed why he is considered to be one of the most prominent mergers and acquisitions specialists in South Africa."

Paul Jackson, Group Managing Director

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