Mart Bakal

Mr Mart Bakal established and managed the privatization program for large corporations in the Czech Republic. He is a well known professional in investment banking and law with 20 years of international experience in the areas of mergers and acquisitions, corporate and real estate finance. Prior to forming Crimson Capital, he was on the Faculty of the Harvard Graduate School of Business where he taught second year MBA students for many years. On Wall Street, Mr. Bakal was a senior executive in two major investment banks, where he executed transactions involving acquisition, financings, sales, restructuring of major corporations in North America, South America and Europe. While President of Tigera Group inc. he was the chief executive officer responsible for restructuring large business operations involved in computer, information technology, and transportation. As an international lawyer he managed financings, restructurings, and public offerings for commercial banks, and public corporations involved in energy production and distribution, real estate, mining, beverage and food manufacturing, financial services, wholesale, packaging, retail stores, investment management, and manufacturing of consumer products. Recently he has led a project involved in privatizing the largest bank in Warsaw.

Merger and Acquisitions and Corporate Finance Experience

While a senior investment banker at Bear Stearns and Drexel Burnham Lambert, and as an international lawyer, Mr. Bakal led finance and legal teams involved in numerous acquisitions and divestitures. Mr. Bakal was responsible for the organization and development of transactions with large public and private companies. A few example of the many corporate finance transactions in his 20 years of experience are:
  • Responsible for all aspects of the purchase of a major oil and gas refiner and distributor with 1800 retail outlets.


  • Provided acquisition and financial advisory services to several specialized leveraged buy-out companies for transactions with aggregate value of over 7 billion.


  • Organized 600 million in financing for a large mining company.


  • Developed, managed and marketed a public offering of a international entertainment company with operations in 26 countries.


Banking

Mr. Bakal has provided strategic and financial advice to numerous large international banks including Bankers Trust, Citibank, Toronto Dominian Bank, European American Bank, Canadian lmperial Bank of Commerce, Trilon Financial, Unicorp, First City Capital and Michigan National Bank. He was involved in structuring and negotiating acquisitions for the banks, large financings, and restructuring of troubled loans.

Restructuring

Mr. Bakal has been involved in organizing numerous restructuring projects on behalf of large enterprises. His knowledge of financial and legal ramifications have enabled him to diligently close transactions, a few of which include:
  • Executed the $ 330 million restructuring of Clark Oil and Gas and the subsequent financing of $ 300 million. One year after Chapter 11 bankruptcy proceedings the company had operating income of $126.5 million.


  • Advised Curragh Resources on its financing of a bankrupt mine and its subsequent growth from an operating loss of $3.5 million to an operating profit of $75 million.


  • As President of Tigera Group inc. which had lost $ 85 million before his involvement, he sold the losing computer manufacturing operation and settled 24 lawsuits, and then made investments which turned the company around into a profitable operation.


  • Restructtired a portoflio of 26 real estate properties for the Canadian lmperial Bank of Commerce in numerous international locations.


Privatization Experience

Working in the Czech Republic Mr. Bakal demonstrated an ability to structure and manage a transactions team which has closed over 100 foreign investments in the difficult East European environment. He began by creating the guidelines for privatization of companies for the Czech Ministry of Privatization and National Property Fund, and successfully worked with the political leaders to implement an effective program of transformation of ownership of all major companies in the country. He currently leads a team of 30 professionals including investment bankers, consultants and lawyers, who have advised on the privatization of over 330 companies. In Poland, Mr. Bakal works with the PBK Bank on its privatization and the transformation of the largest bank in Warsaw by a team of 10 investment bankers. Mr. Bakal has been instrumental in the development of a deal oriented privaiization policy in the region and has advised on the implementation of transaction procedures to representatives of the governments of poland, Hungary, Russia, Romania, and the Ukraine. He has addressed audiences on the topic of privatization at economic and academic conferences at such varied forums as Harvard University, OPIC, EBRD and the Securities and Exchange Commission.

Education

J.D. University of Manitoba, 1 974
LL.M. (Masters in Tax Law) Boston University, 1984

Professional Experience



  • 1991 - Present - Crimson Capital, Chairman


  • 1989 - 1991 - Tigera Group, President


  • 1985 - 1989 - Harvard Business School, Faculty Member


  • 1985 - 1990 - Drexel Burnham Lambert. Partner


  • 1984 - 1985 - Bear Steams. Senior Vice President


  • 1983 - 1984 - Harvard Law School, Visiting Scholar


  • 1981 - 1984 - Fillmore and Riley, Attorney


  • 1978 - 1981 - Thompson, Dofman, Sweatman, Attorney


  • 1974 - 1 978 - Gallagher, Chapman, Greenberg, McGregor and Sheps, Attorney
Write to Mr Mart Bakal.

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