An independent professional services firm offering world class transaction advisory and restructuring services

One Step Ahead

About us

Albacore combines the skills found in large professional services organisations with a philosophy which is purely focused on client service. We were established by, and largely consist of, senior advisory professionals with broad international experience who work with the management, owners or other stakeholders of companies to assist them in delivering superior performance.

Our business

Transaction advisory

“If you really look closely, most
overnight successes took a long time.”

Steve Jobs

At Albacore we partner with our clients to analyse, give unbiased advice and help to execute the chosen strategy in some of the most complex and pivotal business situations.

In such situations having experienced advisors working alongside yourself can have a huge impact on the outcome of the situation.

Our transaction advisory work includes mergers and acquisitions, divestures, company and asset sales, spin offs, joint ventures and MBOs/MBIs.

Our clients are corporates, investors, families and individuals and when constructing our approach we take into consideration the financial as well as emotional motivating factors of each individual client as every transaction is an exceptional event and requires a tailor made solution.

If you would like to learn more about our advisory capabilities please do not hesitate to contact us and have a look at the Transactions section of our webpage.

Our business

Financial restructuring

“Success does not consist in never making mistakes but in never making the same one a second time.”

George Bernard Shaw

When a company is experiencing financial distress it is crucial to focus both on the big picture as well as on the smallest detail. In such situations cash is tight and success or failure hinge on being able to execute a well designed plan, to rebuild trust with financial creditors, suppliers, customers and employees.

Because of the extraordinary and stressful nature of financial restructurings being able to trust your advisors is essential.

At Albacore we understand that financial restructurings go hand in hand with operational restructuring and that they have to be balanced and fair. During our engagements we take a deep dive into understanding the fundamentals of the business and construct cash flow projections that all the parties involved can relay on.

Our financial restructuring services include debt reduction, covenant modification, maturity extensions, independent business reviews, liquidity management,liability management and refinancing.

If you would like to learn more about our financial restructuring capabilities please do not hesitate to contact us and have a look at the Transactions section of our webpage.

Our business

Capital markets

“Machinery which is not used is not capital.”

Karl Marx

At Albacore we are focused on the long term success of our clients which means that we help them to be perfectly prepared at the right time and to have a capital structure that allows them to achieve their strategic goals.

Our approach is very systematic and typically starts with the analysis of the underlying business, creation of a robust cash flow model to asses the funding gap, supported by professionally prepared presentation documents  and a well designed process.

It is important to note that although the cost of financing is important it is equally or even more important to match the cash flow profile with the matching source of funds. We try to keep things as simple as possible and often advise our clients to take the step-up approach looking at the cheapest sources first and then moving up towards more expensive and complex products

Our capital markets capabilities include a broad range of private and public equity and debt transactions such as bank financing, sale and leasebacks, private equity and debt placements, advising on bonds and commercial notes, infrastructure and project financing, refinancing, advising on relationships between shareholder groups, etc.

If you would like to learn more about our capital markets capabilities please do not hesitate to contact us and have a look at the Transactions section of our webpage.

Learn all about Albacore

Meet the leadership

Greg McPartlin

Director

Matej Reisman

Director

Tin Herenda

Senior Associate

Four steps to success

“In preparing for battle I have always found that plans are useless but planning is indispensable.”

Dwight D. Eisenhower

01

Identify your needs and expectations

We will work in partnership with you to identify the solution that meets your organisation’s goals.

02

Design a plan that fits your goals and budget

We’ll tailor our solutions to fit your organisation’s culture, budget and way of doing business. This includes giving you options about the scope of our role and letting you decide how much or how little you want to involve us.

03

Implement the plan in partnership with you

We’ll not only work side-by-side with you to deliver the solutions you’ve asked for, but we’ll provide advice, resources and training so that you can sustain your results long after our consulting engagement has ended.

04

Assess whether we met your needs and helped you achieve your goals

We hold ourselves to high standards of performance and service and welcome your feedback about the quality of our work.

List of our recent

Transactions

Telecommunications

T-2

Adviser to the company in relation to the issuance of commercial loan notes

Telecomunications

Inatel

Adviser to the company in relation to the sale to a strategic buyer

Logistics

Transport Gaj

Adviser to the company in relation to the refinancing of its financial liabilities

Telecomunications

Telesat

Adviser to the buyer in relation to the acquisition of the company

Waste collection

Biotera

Adviser to the company in relation to the sale to a strategic buyer

Telecommunications

T-2

Adviser to the company in relation to arranging a bridge loan from private investors

IT hardware distributor

Diss

Adviser to the company in relation to the sale to a strategic buyer

IT

SRC

Adviser to the company in relation to the refinancing of its financial liabilities

Cosmetics retail

Beautique

Adviser to the owner in relation to the sale of a store portfolio in Serbia and Bosnia and Herzegovina

Fashion retail

Modiana

Adviser to the buyer in relation to the acquisition of a retail store portfolio

Hostel

Hostel Celica

Adviser to the owner regarding their strategic options

Marina

Marina Portorož

Financial due diligence for a potential buyer

Debit card processing

Optimus cards

Adviser to the shareholders in relation to raising Series A funding

Utility

Komunala Koper

Adviser to the company in relation to the disposal of a non core division

Horiculture

Ocean Orchids

Independent business review of the company’s ability to meet the terms of its restructuring agreement

Telecommunications

Tušmobil

Adviser to the company in relation to a €30m debt raaise for the acquisition of frequency spectrum

Our staff is the fundamental element in providing our services.

If you are a highly numerate self-starter, a team player with strong interpersonal skills, and are highly motivated by quality, and if you are interested in finding out more about working with Albacore, then please free to send us a CV and a covering letter

Ask Us Anything. anytime.

“Strive not to be a success, but
rather to be of value.”

Albert Einstein

  • Poljanski nasip 8, 1000 Ljubljana
  • info@albacore.si
  • +386 5 901 9498