Rick Bhandari, Executive Finance Consultant

Rick Bhandari

Executive Finance Consultant

National Technology Enterprises Company

Location
Kuwait - Hawali
Education
Diploma,
Experience
18 years, 5 Months

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Work Experience

Total years of experience :18 years, 5 Months

Executive Finance Consultant at National Technology Enterprises Company
  • Kuwait - Al Kuwait
  • My current job since January 2013

•NTEC is the venture capital and private equity arm of the Kuwait Investment Authority, the sovereign wealth fund of Kuwait.

•Advisor to the CEO on all matters relating to strategic decision making as well as investment sourcing, evaluation and monitoring

•Responsible for setting up the corporate finance division which would facilitate investment review and manage investment execution and monitoring.

Senior Associate / Asst Vice President at GulfMerger
  • Kuwait - Al Kuwait
  • August 2009 to December 2012

•GulfMerger is a middle-market M&A focused financial advisory firm operating in the GCC and Levant regions and headquartered in Kuwait - Awarded the “Best M&A house in Kuwait” for 2010 and 2008 by Euromoney; “Best Up and Coming Investment Bank Globally” by Global Finance publication in 2010

•Advise shareholders and/or board of directors of local and regional companies, on all financial and legal aspects of strategic actions - Mergers, Acquisitions, Spin-off / Divestiture, Capital Raising, Acquisition Financing, Joint Ventures, and Restructurings. Personally lead execution of more than 20 strategic transactions, cumulatively valued at ~USD1 billion

•Develop and actively manage on-going working relationships with various stakeholders on a transaction - clients, counterparties, banks, international finance organizations, legal counsels, regional regulators, and other service providers to ensure smooth and timely execution of mandated transactions

•Lead a team of analysts, senior analysts, and junior associates in all areas of deal execution including preparation of all deal valuation and documentation materials - financial, marketing, and legal

•Responsible for the on-going development and training of junior members of the firm

Associate - Mergers & Acquisitions at Ernst & Young
  • Kuwait - Al Kuwait
  • August 2008 to July 2009

•Advised blue-chip regional clients on acquisitions, divestitures/spin-off’s, capital raising and restructurings

•Built and maintained detailed bottoms-up company operating models and financial models for merger consequences, leveraged buyout, IPO’s, and recapitalization analyses

•Managed business and financial due diligence on buy-side, sell-side and equity raising transactions

Investment Banking Analyst at Bank of America Merrill Lynch
  • United States
  • September 2006 to June 2008

•Advised Fortune 500 clients on mergers, acquisitions, spin-off’s, IPO’s, private placements, and restructurings

•Build and maintain detailed bottoms-up company operating models and financial models for merger consequences, leveraged buyout, IPO’s, and recapitalization analyses

•Received the highest ratings from supervisors in the entire analyst class

Deals Executed(Closed only)

•Genpact ($600 million IPO) - Leading Indian BPO and other offshore IT services provider (Closed)

•CommScope acquisition of Andrew Corp. ($2, 700 million) - Sole buy-side advisors to CommScope, a provider of infrastructure solutions for communications networks worldwide (Closed)

Analyst at Ernst & Young
  • United States
  • September 2005 to June 2006

• Involved in external financial audits, internal control review engagements, merger audits, liquidation audits of Hedge Funds, and Fund of Funds
• Clients worked on include - Morgan Stanley; Lehman Brothers, HSBC Halbis Partners, GE Capital, MKP Capital, Argonaut Capital, Forest Global Convertible LLP

Education

Diploma,
  • at Certified Public Accountant (CPA)
  • March 2008
Bachelor's degree, Finance, Accounting
  • at Indiana University - Bloomington (Kelley School of Business)
  • May 2005

Double Major in Finance and Accounting. Minor in Economics Graduated in top 5% of class.

Specialties & Skills

Strategy Development
Mergers
Investment Banking
Financial Advisory
Corporate Finance
Power Point
Financial Analysis and Modelling
Accounting
Strategy Development and Execution
Legal Contracts
Negotiations
Investment Evaluation
Mergers & Acquisitions

Languages

English
Expert

Training and Certifications

Intensive financial modelling course (Training)
Training Institute:
Training the Street
Date Attended:
July 2007