ALCOR

www.alcorfund.com
 Corporate
Asset Restructuring
Management Strategic Advice

Human Capital
Management

1/9/2011 ALCOR 2
Alcor is an investment banking
and business growth advisory
firm, specializing in Mergers and
Acquisitions, private equity
financing, debt financing, ECB,
and financial restructuring.

GROWTH
CONSULTANCY

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 At ALCOR - Integrity and honesty are at the heart of business.

ALCOR will obey and comply with the rules of the land.

ALCOR will be a Thinking and Learning Organization

ALCOR clients' interests always come first. ALCOR will deliver its
promises.

ALCOR will respect risk.

ALCOR will be fair to clients, employees and all stakeholders.

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 ALCOR

M&A DEBT
• Joint Venture EQUITY • Factoring
• Strategic Alliance • Angel funding • ECBs
• Mergers • Venture Capital • Project Financing
• Acquisitions • Private Equity • Corporate Loans
• Leveraged Buyouts • Private Placement • Working Capital
• Growth Partnerships • Broking • Securitization of
• EBITDA – Partnerships • Equity Factoring Receivables
• Growth Royalty • Term loans
• Win Royalty • Unsecured Loans
• Regional License

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 India Head Office in Pune
Metro offices through Associates
-Delhi (North )
-Mumbai (West & Financial Capital)
-Chennai (South)
-Kolkata (East)

Direct Employees : 30
Associate Staff : 180
Associate offices (Business
Development : Chartered Accountants
private offices )

48 Locations across India :

Spanning A, B and C Class
cities.

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 ALCOR Associate Office : 4 8 Locations in India : CA Firms
Chennai Agra Aurangabad
Bangalore Nashik Srinagar
Hyderabad Warangal Bhilai
Kanpur Madurai Solapur
Surat Kochi Thiruvananthapuram
Coimbatore Varanasi Ranchi
Lucknow Rajkot Guwahati
Nagpur Jabalpur Gwalior
Jaipur Jamshedpur Chandigarh
Visakhapatnam Allahabad Jodhpur
Vijayawada Amritsar Tiruchirapalli
Patna Guntur Puducherry
Indore Asansol ` Jalandhar
Bhopal Dhanbad Kozhikode
Vadodara Hubli-Dharwad Belgaum
Ludhiana Mysore Mangalore

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 Automotive

Power

Telecom

Electronics

Software

Real Estate

Education

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George Molakal MBA, PLDA, PEVC – CEO
 Studied with honors at Cardiff University and Harvard Business School
 30+ cross border Mergers & Acquisitions transactions from US to India,
MENSEA & China : 2004-2010
 Wide global experience working in multi continents – Europe, Middle-east,
India, China, Canada and United States, and was CEO of ICAN a managed care
company
 Fellow of Ashoka Innovators for the Public – Arlington, Virginia
http://www.linkedin.com/in/molakal

Pradip Shah MBA - Board

 CA First Rank holder and Graduate of Harvard Business School.
 Founder Managing Director of The Credit Rating Information Services of
India Limited (CRISIL), India’s first and largest credit rating agency
 Prior to founding CRISIL, Mr. Shah assisted in founding Housing
Development Finance Corporation (HDFC), India’s first retail housing
finance company, in 1977.
 Holds Directorship positions across several listed companies, charities
and government boards.
 Floated the first PE fund for India and has wide track experience in
funding PE projects.

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 Team Biographies

Thomas Mathew LLB MBA MSP – Executive Board Member

 Graduate of Symbiosis Law School , GBS – UK
 Successful track record intricate legal corporate structuring and
legal compliance in cross border M&A.
 Global work experience in Asia, Europe and Americas
 Has wide experience of 12 years in corporate legal structuring and
deal finalizations across geographies.

Art Holbrook MBA - Board

 Mr. Holbrook has over 30 years of entrepreneurial experience in multiple
businesses serving in various capacities as President, Principal, General
Manager, and/or a member of the Board of Directors of several private
equity owned ventures.
 After graduating from Harvard Business School he founded multiple
private equity start ups and/or acquisitions of privately held investments
in the Cable TV and Satellite Communications industries (successfully
operating, organically growing, horizontally expanding, and ultimately
selling the businesses)

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 Jim Ward - Board
 25 years experience in the manufacturing space from Aerospace to
Automotive, and has
 led teams for dynamic growth of companies in North America. Jim also
has
 varied expertise in cross border dealings
 set up multiple Joint Venture operations and focuses on bringing in
outstanding results

Mike Katz MBA - Board

 Graduate of Harvard Business School
 Successful track record of turning around companies into highly
profitable units.
 Built growth and leadership in corporations.
 Has worked with GE and Cummins in various senior positions
across the world.

Sunil Bedekar CA
 Chartered Accountant and Former CFO with Deepak Fertilizers, Endurance,
Bharat Forge .
 Track record of growing companies by 6X through cross border acquisitions,
business transfer and mergers.
 Detailed and complex cross border financial structuring experience

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 Nikhil Deshpande MBA
 Graduate of Pune University with specialization in Sales & Marketing.
 Successful track record of Business Development and Deal Sourcing
 8 years of experience in Insurance, Debt, PE and M&A
 Rich experience of working in Asia Pacific & Europe in various g industries.
 Experience in full M&A deals from 50 Mn$ to 500 Mn$

B R Naik MBS
 Naik has rich experience in Corporate Finance and Investment Banking , including 17 years
working with Aditya Birla Group and B. K. Birla Group, Portfolio Financial Services as a part of
team in the field of Corporate Finance - Treasury, and Fund Management.
 Experience in syndication of all types of Loans, Bills Discounting, Buyers Credit, Suppliers Credit,
CPs NCDs, and Private Equity.

C B Gore B E
 Mechanical Engineering Graduate (B.E –Mech) from University of Pune, passed with Distinction in
1971.
 Has total experience of 39 years. Out of which 36 years in various Heavy and Light engineering
industries, working on key responsible positions in senior management.
 Working with Alcor/WORBUS for past three years as General Manager – Quality .
 Looks after all the Engineering and Technical aspects of the proposals.

Pankaj Kulkarni MMS

 Over a 4 years of Investment Banking experience; specialized in financial engineering and due
diligence, deal analysis, complex financial modeling and developing Business Plan
 Has experience in devising corporate strategy and cross border deal structuring
 Has worked with few billon dollar enterprises in setting-up their Indian operation

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 Meenakshi Gore MBA
 Management Graduate, specializing in Marketing & Personnel, from Pune University.
 An experience spanning over 11 years, in the field of Human Resources & Operations Management.
 Associated with WORBUS for 3 years; performing roles with exclusive focus on HR, operational
management of special projects and statutory compliances of Indian companies (pre and post
incorporation).
 Worked on manufacturing projects from conception to inception phase.

Palak S Trivedi MBA

 Hands on experience in syndicating Private Equity Finance for Clean/Renewable Energy, Real
Estate, Entertainment & Media, Healthcare and QSR space, among others
 Proficient in analyzing business requirements and extracting and interpreting complex financial
data
 Has built strong relations with the fund houses globally

Sumeet Kharkanis MBA

 Has 15 years of work experience, 10 years of which has been n corporate banking with Export-
Import Bank of India, IndusInd Bank Ltd., ICICI Bank Ltd. and HDFC Bank Ltd.
 Worked for 5 years in corporate advisory and debt syndication with Religare Finvest Ltd., Batlivala
& Karani ,Securities and Portfolio Financial Services Ltd.
 Key expertise is in business development, credit analysis and debt syndication

Prajakta Akole MBA

 BCS, MBA with a wide variety of M&A deal structuring expertise with WORBUS.
 Has total experience of 7 years with GE , Maersk Sealand
 Wide experience in cross border deal engagements and operations
 Built solid foundations for real time M&A cases and execution

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 • Access to Global Network and
knowhow.
• Experience and expertise in
building cost effective International
Operations
Strengths • Cross Border M&A Structuring and
Operating experience
• Capabilities to restructure,
turnaround and grow companies
• Core Strategy development and
execution expertise

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 Sole Advisor M&A
Sole Advisor M&A Sole Advisor M&A

Sole Advisor M&A

Sole Advisor M&A

1/25/2011 M&A Clients - Inbound and Outbound deals 15

1/25/2011 M&A Clients - Inbound and Outbound deals 16
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 Effective Knowledge management :
ALCOR Global Team

America/ Europe India/China Market

Market
Research team
identifies Research Team
companies who ALCOR receives identifies companies
ALCOR is can use ALCOR commitment who can partner with
engaged for 5 Growth and co-engaged agreed
years. Strategies. for 5 years. American/Europe-an
companies.

M&A Process
M&A Process commences India Staff
commences. Global Staff approach and
approach and present growth
present growth strategies.
strategies.

End to End Solution One Stop Solution

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 Engagement

Ongoing 5 year Letter of Intent

support Term sheet

Business Plan
Success : & Modeling
Share transfer Agreement+
Financial Model
JV Agreement
(draft) &
structuring

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 Assist the Company to leverage globally

Deploy Private Capital through Finance

or Equity

Provide end-to-end solutions.

Develop Growth Strategies & mitigate

risks.

Evaluate Opportunity and Potential.

Conduct Due-diligence.

Win-Win to build fair and mutually

rewarding long term solution.

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 Equity Swap
Model

Direct Buy in with Tangible & Intangible

1 50

India Co US/EU Co
SWITCH

51%

Mbi Model
Minority Buy In
Intangible + some cash 26%

Year 1
2 Bc/ C 35%
Year 2
India Co US/EU Co
Bc/ C Year 3
49%
Year 4

Bc/ C
50%
Contract
TBi
Customers

U1 U2 U3 U4

3 Global Sales
Sales
$XX Million
India Co US/EU Co
Team Threshold
Buy In

Pre determined Price

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• Grow the top-line
FOLLOW YOUR CUSTOMERS GLOBALLY

CUSTOMER CUSTOMER CUSTOMER

A B C

 Grow the bottom-line

American
Company
Acquired

CHINESE
INDIAN
Merge/
Merge
Acquire

A B C A B C

India China
Selling in Emerging
High growth Markets

Emerging Market with High Growth & High Demand

Competitive pricing to
defend the core & grow- Increase sales revenues
30%-50% growth By 70%-80%

Low-cost
Manufacturing base

4/5/2011 Fund PPT/Confidential 22

 Fund : Invested Company Strategy I
• Most American and European companies
do not have:
a) Low cost manufacturing base
b) Sales presence in high growth markets
c) High value chain integration capability.
Technology & Low Cost
• The fund will focus on leveraging the Processes manufacturing base
“technology and processes” of American
& European companies with similar low-
cost base companies in emerging, high
growth economies. Focus on India.
• This powerful combination will result in
building the ‘ acquired newco’ through the
four fundamental pillars of growing a High Value chain
High growth market
global company. integration capability
• Attractiveness at exit increases because of
strong base in a high growth economy.

4/5/2011 Fund PPT/Confidential 23

 We are local, and we know the market
conditions, the players and the
opportunities.

We have feet on the ground in 50 plus

cities, coupled with our experience and
growth strategies with dynamic
execution , makes ALCOR ideal choice

1/9/2011 ALCOR 24
 Alcor Fund

www.alcorfund.com

1/9/2011 ALCOR 25