News & Announcements

DATE
NEWS & ANNOUNCEMENTS
April 22, 2013
ROLAND DU LUART JOINS TAP ADVISORS AS A MANAGING DIRECTOR

NEW YORK – April 22, 2013 – TAP Advisors, (“TAP”), a New York-based investment banking boutique, today announced that Roland du Luart will join the firm as a Managing Director, effective today.

Founded in 2009, TAP Advisors provides its public and private company clients with a full range of merger and acquisition advisory services, private financing solutions, and cross-border and international expertise. Mr. du Luart joins TAP from UBS Investment Bank, where he most recently was Executive Director in the Real Estate, Lodging & Leisure Group focusing on strategic advisory and financing assignments for real estate and lodging companies.

“The US Commercial Real Estate industry is a $1.2 trillion industry and we are delighted to have Mr. du Luart’s expertise and deal experience to lead, enhance and expand TAP’s Real Estate practice and provide our clients with innovative ideas” said Karim F. Tabet, Founding Partner at TAP Advisors. “We know Mr. du Luart from UBS Investment Bank and common client relationships in cross-over sectors between Real Estate and Telecom such as Data Centers and Wireless Towers.” 

While at UBS Mr. du Luart worked on transactions totaling over $20 billion that include the $3.0 billion sale of SEGRO's US life sciences real estate assets to Healthcare Property Investors, the $2.3 billion acquisition of Storage USA by Extra Space Storage and Prudential Real Estate Investors, the $343 million sale of StorageMart (a Warburg Pincus portfolio company) to an investor group, the $293 million IPO of Colony Financial, the $290 million IPO of Extra Space Storage and the $210 million IPO of Excel Trust. Mr. du Luart has worked on debt and equity offerings for companies such as Biomed Realty Trust, BRE Properties, CIM Group, Colony Financial, Dupont Fabros, Essex Properties Trust, Excel Trust, Exclusive Resorts, Extra Space Storage, Home Properties, Las Vegas Sands, Public Storage, Realty Income, Sovran Self Storage, Thomas Properties Group, and Vornado Realty Trust. Prior to joining UBS in 2004, Mr. du Luart was a Senior Analyst at Lazard in their Mergers and Acquisitions Group in New York and subsequently in Paris. 

“I am delighted to join TAP and its strong team of seasoned professional to provide client-focused and unbiased strategic advice,” said Mr. du Luart.   

Mr. du Luart is fluent in French and has basic knowledge of Spanish. He received both his B.A. in Economics and his MBA with a concentration in Finance from the University of Chicago.

March 17, 2013 - 20:00
Jim Kahan joins TAP's Board of Advisors
February 27, 2013 - 19:00
Lawrence T. Babbio joins TAP's Board of Advisors
December 26, 2012 - 19:00
TAP Advisors Acts as Sole Advisor to Enstrom Helicopter Corporation on its Sale to Chongqing Helicopter Investment Co. for $60mm

Menominee, MI, January 7, 2013 – As of December 27, 2012, Chongqing Helicopter Investment Co., Ltd (CQHIC), located in Chongqing, China has acquired Enstrom Helicopter Corporation, moving from one foreign owner to another. Chongqing is the fourth largest metropolitan area in China. CQHIC is focused on helping Enstrom expand its reach into China and the rest of the world.  The number of helicopters in Asia represents only a small percent of the number of helicopters in the United States, while Asia has a significantly larger population and is expected to be a major market for helicopters over the next two decades.

“This is a major step in moving Enstrom to a new level,” said Enstrom President Jerry Mullins. “It will provide Enstrom with the needed resources to enhance marketing efforts in China and around the world.  This strong ownership will allow further growth of our business in Menominee, Michigan to meet the demands of the increasing markets around the world, especially Asia.”

Enstrom has seen a 50% growth in employment over the past 18 months, and with the new ownership will continue to grow to meet current and future demands. Enstrom will be expanding their Menominee facility to address higher production rates.  This will also add business to Enstrom’s US supplier base, which is currently over 450 today.  This new ownership will provide many opportunities, including continued product improvement, increased marketing support, funding for new product development, and manufacturing support to help control and reduce costs.

Founded in 1959, Enstrom Helicopter Corporation manufactures a complete line of helicopters. The three-seat, piston-powered F28F and 280FX are popular training, sport and light commercial aircraft. The larger turbine-powered 480B is available as a three-place advanced trainer and patrol aircraft, a 2+2 four-seat training helicopter, or as a three- to five-place executive transport. For law enforcement applications, Enstrom produces an optionally equipped variant of the 480B, known as the Guardian, and the F28F, called the Sentinel. For more information on Enstrom, visitwww.enstromhelicopter.com

November 29, 2012 - 19:00
TAP Advisors, as Lead Advisor to T-Mobile USA and Deutsche Telekom, is pleased to announce T-Mobile USA has closed the deal with Crown Castle on the long-term lease as well as sale of towers

T-Mobile USA Closes Deal with Crown Castle

Nov 30, 2012

T-Mobile USA has today closed the deal with Crown Castle on the long-term lease as well as sale of radio towers. On September 28, 2012, T-Mobile USA announced the conclusion of a framework agreement with Crown Castle regarding the lease-leaseback and the sale of approximately 7,100 wireless communication towers owned by Deutsche Telekom's U.S. subsidiary.

The proceeds of the transaction have an immediate deleveraging effect, reducing Deutsche Telekom's net debt by the equivalent of around EUR 1.9 billion and thus strengthening its rating-relevant financial ratios. The net effect of the transaction will not impact on adjusted EBITDA of the 2012 financial year.

November 15, 2012 - 19:00
Bloomberg Brief - Q&A with David Lowham

After Recent Wireless Deals, Device Makers May Play Key Role in Shaping Industry

September 27, 2012 - 20:00
TAP Advisors Acts as Lead Advisor to T-Mobile USA on the Announced Acquisition by Crown Castle of Rights to Approximately 7,200 T-Mobile Towers for $2.4 Billion
May 21, 2012 - 20:00
TAP Advisors acts as Sole Advisor to Gefinor on the Sale of a 500,000 SF Commercial Real Estate Asset in Beirut
April 8, 2012 - 20:00
TAP Advisors Names Omar Jaffrey Vice Chairman
February 29, 2012 - 19:00
TAP Advisors Makes an Equity Investment in Spectrum Five LLC
January 11, 2012 - 19:00
TAP Advisors Acts as Sole Financial Advisor to Wireless Capital Partners (Goldman Sachs Asset Management Portfolio Co.) on its Sale to Crown Castle International for $500mm
October 31, 2011 - 20:00
TAP Advisors Acts as Sole Advisor to ERecycling Corps on the $35mm Equity Investment by Kleiner Perkins Caufield & Byers’ Equity
October 31, 2011 - 20:00
TAP Advisors Acts as Sole Advisor to ERecycling Corps on the Acquisition of Flipswap, Inc.
September 20, 2011 - 20:00
TAP Advisors Makes an Equity Investment in Nextivity Inc.
September 18, 2011 - 20:00
TAP Advisors Acts as Lead Advisor to GS Global Infrastructure Partners I on its Sale of GS Cell Site Holding LLC to Global Tower Partners
June 30, 2011 - 20:00
TAP Advisors Announces the Creation of its Board of Advisors

“We are delighted to form a Board of Advisors with the caliber and experience of Messieurs Inman, Keil, LeMay and Nasr,” said Karim Tabet and Davis Terry, Founding Partners of TAP Advisors. “We are convinced that their involvement will create new opportunities for TAP and add to our professional experience.”

June 29, 2011 - 20:00
TAP Advisors Acts as Sole Financial Advisor to Citco III Ltd. on its Sale of Shares to General Atlantic and Stone Point Capital for $580mm

About Citco III Ltd

Citco is the leading independent global hedge fund administrator. With approximately 5,000 employees and offices in more than 40 countries, the company provides independent fund administration, middle office, custody and banking services to hedge fund, fund of hedge fund and private equity clients as well as trust services to multinational corporations and high net worth individuals.

About General Atlantic

General Atlantic is a leading global growth equity firm providing capital and strategic support for growth companies. General Atlantic combines a collaborative global approach, sector-specific expertise, and a deep understanding of growth drivers to partner with great management and build exceptional businesses worldwide. General Atlantic manages $17 billion in capital, investing between $50 million and $500 million as a minority or majority investor in private and public companies.

About Stone Point Capital

Stone Point Capital is a global private equity company with more than twenty years of private equity experience. Stone Point serves as the manager of the Trident Funds, which have raised more than $10 billion in committed capital to make investments in the financial services sector, and has a long and successful history of sponsoring the formation of insurance and reinsurance businesses.

May 30, 2011 - 20:00
TAP Advisors Acts as Financial Advisor to H.I.G. on its Sale of Securus Technologies to Castle Harlan

About Securus Technologies

Securus Technologies, owned by Miami-based private equity company, H.I.G. Capital, is the leading provider of secure inmate telecommunications for the corrections industry, serving 2,200 facilities across 44 states, the District of Columbia and Canada. It installs and centrally manages state-of-the-art call management and communications systems for use by prisons and jails, and offers a variety of convenient payment products and services to inmates and their friends and family members.

About H.I.G. Capital

H.I.G. Capital is a leading global private equity investment firm with more than $8.5 billion of equity capital under management. Based in Miami, and with offices in Atlanta, Boston, New York, and San Francisco in the U.S., as well as affiliate offices in London, Hamburg and Paris in Europe, H.I.G. specializes in providing capital to small and medium-sized companies with attractive growth potential. H.I.G. invests in management-led buyouts and recapitalizations of profitable and well-managed service or manufacturing businesses. H.I.G. also has extensive experience with financial restructurings and operational turnarounds. Since its founding in 1993, H.I.G. has invested in and managed more than 200 companies worldwide. For more information, please refer to the H.I.G. website at www.higcapital.com.

About Castle Harlan

Castle Harlan, founded in 1987, invests in controlling interests in the buyout and development of middle-market companies in North America and Europe. Its team of 19 investment professionals has completed 53 acquisitions since its inception with a total value in excess of $10 billion. Castle Harlan currently manages investment funds with equity commitments of approximately $3.5 billion. The firm traces its roots to the start of the institutionalized private-equity business in the late 1960s.

April 30, 2011 - 20:00
TAP Advisors Acts as Sole Advisor to ERecycling Corps in the Establishment of a Strategic Joint Venture with Brightstar Corporation