Finance Monthly M&A Awards 2015 Winners Edition

Debt Advisory Firm of the Year Thomas C. Ludwig & Hendrik Becker Ludwig & Co. GmbH Barckhausstrasse 1, 60325 Frankfurt, Germany Thomas: Tel. +49 69 9 2020 500-0 | Mob. +49 171 5044 828 Email: thomas.ludwig@ludwig.co Hendrik: Tel. +49 69 9 2020 500-0 | Mob. +49 151 4051 2081 Email: hendrik.becker@ludwig.co FIRM PROFILE Ludwig & Co. is a dynamic corporate finance advisory firm. Since its formation in 2012, we act as an entirely independent adviser. Our clients can expect advisory services of highest quality and excellent process management. Our services focus on: Advice on Mergers & Acquisitions Advice on capital market issues Sourcing and structuring of equity and debt investments Strategic management consulting Our experienced team of corporate finance and private equity specialists can build on an excellent track record of successful transactions. In addition, we have access to numerous corporations, banks, financial sponsors, and family offices worldwide. OUR VALUES Client focus We offer our clients excellent service that meets highest standards. Our objective is to build relationships on the basis of quality and confidence. Loyalty and integrity As a partner-lead firm, we consider the loyalty towards our customers as the highest value. We are not subject to any conflicts of interest and never recommend anything that we would not do ourselves. Long-term customer relationships As an independent corporate finance advisory firm, we build long- term customer relationships by making the perspective and the interests of our customers our own. We are not driven by short-term profit maximization. Outstanding performance We provide valuable ideas, sound and reliable advice as well as thorough evaluations. In doing so, we set the highest standards for ourselves and strive for continuous improvement. Teamwork We make a point of developing our team and promote the sharing of knowledge and expertise. This ensures that our clients can benefit from Ludwig & Co.’s entire professional network. OUR SERVICES Mergers & Acquisitions • Search and identification of acquisition targets/potential investors • Preparation of the transaction documents (NDA, Teaser, Info Memo, and Management Presentations) • Structuring and implementation of the entire M&A process • Comprehensive valuation of the identified target companies/assets • Business plan review / plausibility check • State-of-the-art financial modeling • Support in negotiation tactics • Financial, market, management, commercial and „social“ due diligence • Post-merger integration management Debt • In-depth analysis of the financing structure (debt capacity) • Development of a suitable financing structure • Sourcing of debt • Preparation of the transaction documents (Banking Book) • Treasury support • Rating analyses Equity • Analysis and identification of the financial requirements • Search and identification of suitable investor circles (strategic investors, financial investors, family offices, high net worth individuals or alternative investors) • Analysis of the capital market climate • Sourcing of equity • Comprehensive valuation of identified target companies/ assets • Smooth implementation of the transaction Financial and Restructuring • Quick check and „red-flag“ analyses • Development of a solid rescue and financing plan • Accounts receivable management • Search and identification of suitable investor circles (strategic investors, financial investors, family offices, high net worth Individuals or alternative investors) • Comprehensive valuation of identified target companies/ assets • Support in the development of an optimal insolvency administration (if nesessary) • Recapitalization of the Company We accompany processes comprehensively and from inception to completion Finance Monthly M&A Awards 2015 www.finance-monthly.com 23 M A & AWARDS 2015 GERMANY