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Rachana

Strategic M&A Executive | Global Deal Advisory Expert | CA, CFA L3, CBV (Canada)

Toronto, Canada

With 20 years of experience in finance and investment analysis, I am a Chartered Accountant from The Institute of Chartered Accountants of India, I also hold a Valuation certification from the same institute, and am a CFA Level 3 candidate. My core competencies include valuations, corporate assessments, financial modeling, due diligence, deal structuring, and presentation skills. I have worked with various clients and partners across sectors and geographies, such as sovereign wealth funds, government entities, family offices, and private equity firms. I am Founder of Centauri Research Inc (Canada). At Centauri Research, we have catererd to clients in Engineering, Energy, Automotive, Real Estate, Retail and Hospitality sectors, Technology and Healthcare . We offer services such as Market research, M&A advisory, due diligence, transaction related project management, capital raising, and valuation support

Domain experience

Relevant Total Experience: 20 years

Seniority Level: Associate

Sector Experience: 

Communication Services Consumer Discretionary Consumer Staples Energy Financials FinTech Health Care Industrials Information Technology Materials Real Estate Utilities

Skills

Skilled in: Corporate Development, Due Diligence, Legal, Portfolio Services & Add-on M&A, Private Equity & Growth Capital, Sell-side M&A

Languages: Gujarati, English, French, Marathi, Hindi

Work Experience

CentauriResearch, Toronto, Canada

Founder

1/9/2021

 

- Now

Centauri Research is founded by professionals with over 3 decades of industry experience in the fields of Engineering, Energy, Automotive, Real Estate, Retail and Hospitality sectors . We offer services such as Market research, Financial Advisory, M&A advisory, capital raising, and valuation support, Due-diligence,. The firm is committed to addressing the unique strategic needs of mid to large-sized corporations, private equity firms, venture capitalists, and business founders. Centauri Research Inc. offers a comprehensive suite of project management services that covers the entire transaction lifecycle. These services include financial modeling, business valuation, investor presentations, industry research, marketing materials, data room management, due diligence support, and deal negotiation. Recent Projects undertaken: - Assisted US based Industrial tech company with financial modelling, fund raising of USD50M and preparation of deal documents and maintaining data room for DD - Assisted US based Private Equity on a retainer basis for assessing technology deals, preparing financial models and deal documents and liasing with their advisors for acquiring tragets entities specialising in DevOps and SaaS/ Cloud Services - Assisted a Canadian Blockchain with Market Analysis and Financial Modeling

Supplierscave, Burnaby, Canada

Co-Founder

1/8/2020

 

- 30/6/2024

Cofounder to Supplierscave, B2B eCommerce platform catering to Industrial buying and selling

Alectra Utilities (Canada's largest Utility Co)

Manager, Finance Planning and Investments

1/1/2023

 

- 1/4/2024

• Provided strategic advice on 10+ deals worth $50M each; notable transaction included acquisition of regulated assets, renewables, clean-tech, distributed energy solutions (battery storage) and e-mobility in the US and Canada • Developed and reviewed NPV models for investment decisions, incorporating risk factors and business drivers. Presented the investment recommendations to senior management and facilitated discussion with investment committee for evaluating critical business decisions • Spearheaded initiatives for approvals of business cases for projects yielding lower hurdle rates for EV Infrastructure (fleet electrification under ZEV (zero emission vehicle) program; Recognized by Head of Investments for providing an innovative solution and for implementing approval process for E-mobility bids; Worked on 20+ EV proposals • Conducted comprehensive due diligence on 60+ potential acquisition targets, aligning with corporate strategic objectives and growth plans

Wesbild Holding Co, Vancouver, Canada

Business Analyst

1/8/2022

 

- 31/10/2022

Wesbild is Vancouver based Real Estate developers specializing in Industrial, Residential and Commercial Real Estate •Prepared process and systems for tracking M&A activity (Acquisitions and Divestures) and setting up a private equity fund •Assisted CEO and senior management for a critical project and prepared approval notes for shareholder’s approval • Worked on projects such as Marine Landing and Waterfront (North Vancouver)

Emeraude Polymers International, France, UAE

Mergers and Acquisitions Specialist

1/12/2021

 

- 31/7/2022

• Actively identified targets and new markets for Polymers business; assisted in competitive landscape analysis, pipeline development, strategic due diligence, financial modelling for valuations using DCF and Comps, transaction management, and post-merger integration; • Supported the portfolio companies in their capital budgeting process for the geographical expansion

Provident Management Single Family Office, UAE, Nigeria, UK

Buy Side M&A specialist

1/12/2019

 

- 31/12/2021

• Involved in all aspects of transactions including initial due diligence, financial modelling • Liaising with consultants and targets during transaction process • Prepared Investment Recommendation Notes for Investment Committee Approval, Non-Binding Offer, Letter of intent (LOI), and reviewed other legal documents Select Deal Experience: •Analyzed Fintech deals in Blockchain technology, API Aggregators in the UK and African corridor and AI and ML-driven bot technology and computer vision software •Acquired and developed two luxury properties in London, UK. Researched and analyses market data for preliminary assessment for leverage, reviewed appraisals, surveys and assisted from exchange to completion process. During construction phase liaised with lawyers, project managers, contractors and municipal council to increase GFAs of the properties •Reviewed and closed deals in sectors like Real Estate, Renewables, Technology, Manufacturing and Building material. Have reviewed instruments ranging from Debt-to-Equity Investments. Executed several projects from the UK, USA, Romania, and UAE

Investment and Development Office (IDO), Ras Al Khaimah, UAE

Manager Investments

1/4/2019

 

- 30/9/2019

• Reviewed funding request for Real Estate and Infrastructure investment proposals and prepared recommendation memo for project of $22M (Equity Funding - $10M) for Luxury Tents at the base of mountains • Prepared financial model (valuations using capitalization method and IRRs), feasibility studies, and prepared investment memo for a project for Staff Accommodation for hotel staff valued at $125M • Evaluated the transaction and participated in discussions for concessionaire agreement for Public Private Partnership for operation of Federal Airport • Participated in portfolio management activities including monitoring and evaluating the portfolio performance, coordinated meetings with C -suites of portfolio companies, and analyzing proposed budgets, capital plans and other investment recommendations

Dubai EXPO 2020, UAE

Assistant Manager, Legacy Planning

1/4/2017

 

- 30/4/2019

• Analyzed a $7B mixed-use development project, resulting in the optimization of capital structure and preparing funding requests to the UAE's Ministry of Finance for the legacy transition budget of ~ USD 1B. • Analyzed market trends and conducted feasibility studies for a 2.3M sqm future development project, identifying key opportunities for residential, commercial, and hospitality spaces to maximize revenue potential by 30%. • Prepared various commercial models using NPV methods and provided recommendations for decision making for projects and contracts

Al-Futtaim, Dubai, UAE

Business Analyst

1/2/2016

 

- 31/3/2017

Supported Regional Financial Controller in evaluating & performing a financial feasibility study for new Al Futtaim Entities for all Countries, closely monitored performance for new Al Futtaim Entities and supported reporting and other initiatives as when required for each division. Assisted in reporting KPIs for entities in different jurisdictions. Prepared Quarterly/ Annual management reports and presentation for senior management

SinoGulf Investments, Abu Dhabi and Dubai, UAE

Corporate Finance Analyst

1/4/2014

 

- 31/1/2016

Assisted in the capital and debt management of the assets. Developed financial models and feasibility studies for the evaluation of investment opportunities. Monitored performance of assets, determined optimal capital structure and valuation of assets under management Select Deal Experience: •Debt renegotiation with UAE-based bankers for re-financing: Independently led a discussion with bankers to get the debt re-financed for the project of 311 keys for a residential project in Abu Dhabi, UAE • Prepared Debt and Equity Packs along with teasers for Residential Compound in KSA spanning over 35,000 sqm •Conducted Market Research, competition analysis, and feasibility studies for Residential towers having BUA of 35,000 sqm in Al Abdali, Jordan •Prepared Initial feasibility studies for Logistic parks in East Riyadh covering assets like warehouse spaces, Labour camps, and Commercial offices having 450,000 sqm of BUA

Supreme Group, Dubai, UAE

Financial Analyst

1/12/2012

 

- 31/3/2014

Priced critical contracts tendered by agencies like UN, NATO, various Government agencies Specialized in Transport, Logistics, Fuel and Site Services Bids

ARDENT Advisory (UAE- Abu Dhabi)

Analyst (Transactions)

1/4/2012

 

- 30/11/2012

Ardent Advisory is botique M&A consulting firm founded by Ex- partners from Big 4s Select Deal Experience: • Debt Restructuring for an automotive company - Evaluated cash flows and EBITDA, prepared a report on the quality of EBITDA, Investments & Working Capital, and collated information, and conducted regular discussions with top management •Advisory for UAE-based conglomerate to divest stake in Education business in Abu Dhabi - Prepared valuation model as per DCF method, participated in discussion with the clients for collating data, comparable company analysis, and assisted in the preparation of IM •Financial Due Diligence in Healthcare for acquisition by Private Equity - Reviewed financial records, analyzed revenue streams, and KPIs, prepared a report and evaluated the EBITDA model

Deloitte, Mumbai, India

Deputy Manager,Mergers and Acquisitions

1/9/2009

 

- 30/9/2011

Select Deal Experience: • Advisory for UK based natural resources company for majority stake acquisition in the Indian listed Oil & Gas company (approx. US$ 9.6 bn) * o Analyzed working capital models, correspondences with client identifying gaps in working capital models from tax perspective o For business reorganization, prepared management pitch presentations and recommended optimal financial structure and advised on tax planning for cross border reorganization. Based on this client pitch, we had received the above assignment for advising them on working capital model • Advisory and due diligence from multinational power and transmission conglomerate for acquisition of transmission business at a global level having presence in India (approx. €2.29bn) * o Independently managed and conducted tax due-diligence, tax structuring advisory for separation of transmission business • Advisory for resolving issues post corporate reorganization from Cement major in India* o Prepared tax advice on issues posts corporate reorganization, independently handled client meeting for explaining the memo

Economic Laws Practice, Mumbai, India

Associate, Mergers and Acquisitions

1/4/2009

 

- 30/9/2009

• Mergers and Acquisition Advisory • Assisted in preparation for seminars for Investors and PEs/ VCs on technical matters • Authored various articles on technical topics in various publications like VC Circle, Hindu Business Line, UK Financier Worldwide

Ernst & Young, Mumbai, India

Executive, Transaction Advisory Services (M&A)

1/4/2006

 

- 31/5/2008

Select Deals: • Advisory to British Telcom player in India for the acquisition of majority stake (~$11.1BN) * - Prepared tax advice on taxability on indirect sale of shares and, independently conducted due diligence on the Telcom company in India. • Advisory to Singapore based Private Equity Acquisition in a leading Indian direct sales and distribution company for financial services products o Assisted in fair valuation of shares as per Profit Earning Capacity Value Method and Net Assets Method • Due-diligence and advisory for a leading global BPO Company for acquisition of a stake in a large captive BPO of Target Company in India (The transaction was the first such sale of a large captive BPO. In terms of transaction value, it was the largest deal in the business process outsourcing segment in the year 2007) (US$ 630mn) * o Individually conducted and managed the tax due-diligence process, provided recommendations for optimal deal negotiation strategy, liaised with overseas attorneys (vendor and acquirer's), corporate finance teams and clients in preparation of share purchase agreements, obtaining key information and finalizing the deals

Bansi S. Mehta & Co, Mumbai, India

Tax and Audit Associate

1/1/2001

 

- 31/3/2006

• Drafted Appeal and actively involved in litigation proceedings • Provided tax advisory services • Conducted Audit as per the prevailing regulations

Education

CFA Institute

1/8/2023

 

- 31/8/2025

Chartered Business Valuators Institute (CBV Institute)

1/9/2024

 

- 31/10/2024

The Institute of Chartered Accountants of India

1/1/2001

 

- 31/12/2005

The Institute of Chartered Accountants of India

1/12/2017

 

N M College of Commerce and Economics

Commerce

Licenses / Certificates

The Institute of Chartered Accountants of India

Valuation

1/1/2016

 

Bloomberg LP

Bloomberg Market Concepts

1/7/2021

 

Corporate Finance Institute

Statistics Fundamentals

1/11/2022

 

Automate Excel

Visual Basic Tutorials

1/12/2022

 

LinkedIn

Communicating with Executives

1/8/2023

 

LinkedIn

Python for Non-Programmers

1/12/2023

 

LinkedIn

Communicating with Confidence

1/4/2024

 

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