Acuity Partners

Acuity-Logo-2021

IPOs | PRIVATE PLACEMENTS | RIGHTS ISSUES | INTRODUCTORY LISTINGS | M&A

We assist and support firms in raising funds, acquiring businesses or even selling of their existing business.


We deliver to our clients an integrated advisory approach that draws upon our strengths in providing strategic and tactical expertise, global reach, critical industry knowledge, structuring and financing innovations, and our collective experience in order to be selected as the “Advisor of Choice” in M&A.
We further specialize in –
  •  Identifying and evaluating potential targets, sellers or investors
  •  Performing Strategic and Financial Valuation Analysis
  •  Identifying and valuing Potential Synergies
  •  Coordinating with Legal, Accounting and Tax Consultants

IPOs | PRIVATE PLACEMENTS | RIGHTS ISSUES | INTRODUCTORY LISTINGS

Alpha Fire Services Ltd
Listing through Introduction
2022
Financial Advisor & Sponsor

Kapruka Holdings Ltd
LKR 505 million IPO
2021
Manager & Financial Advisor

People’s Merchant Finance PLC
LKR 509 million Rights Issue
2021
Manager & Financial Advisor

JAT Holdings Ltd
LKR 2,238 million Initial Public Offering
2021
Placement
Co-ordinator

Prime Lands ResidenciesLtd
LKR 1,950 million Initial Public Offering
2021
Manager & Financial
Advisor

NDB Bank PLC
LKR 8,008 million Rights Issue
2021
Joint Placement Agent

Evoke International Ltd
LKR 60 million Private Placement
2020
Manager & Financial Advisor

HNB Finance Limited
LKR 57 million Initial Public Offering and Introduction
2020
Manager & Financial Advisor


Cargo Boat Dev. Company PLC
LKR 352 million Rights Issue
2019
Manager & Financial Advisor

Weerodara Stationery (Pvt) Ltd
LKR 85 million Private Placement
2019
Manager & Financial Advisor

Lanka Reality Investments PLC
LKR 633 million Rights Issue
2018
Manager & Financial Advisor

Prime Finance PLC
LKR 864 million Rights Issue
2018
Manager & Financial Advisor

Hatton Plantations Limited
Listing through Introduction
2018
Joint Manager

LVL Energy Fund Limited
LKR 1,200 million Initial Public Offering
2017
Manager & Financial Advisor

Renuka Hotels Limited
Listing through Introduction
2017
Financial Advisor & Manager

Summit Finance PLC
LKR 283 million Rights Issue
2017
Manager & Financial Advisor

Amana Takaful Life Limited
LKR 75 million Initial Public Offering
2016
Financial Advisor & Lead Manager

People’s Insurance Limited
LKR 750 million Initial Public Offering
2015
Co- Financial Advisor and Manager

LVL Energy Fund Limited
LKR 300 million Private Placement
2015
Lead Manager

Amana Bank
LKR 1,650 million Initial Public Offering
2013
Lead Manager

Textured Jersey Lanka
LKR 1,740 millionPP
LKR 1,200 million IPO
2011
Joint Manager & Placement Agent/Joint Advisor & Manager

Vallibel One Limited
LKR 4,900 million PP
LKR 532 million IPO
2011
Lead Manager & Co- Placement Agent

Union Bank of Colombo Limited
LKR 900 million PP
LKR 375 million IPO
2010/2011
Joint Manager

NAMAL Acuity Value Fund LKR 536 million Initial Public Offering
2009
Sponsor & Lead Manager

MERGERS & ACQUISITIONS [M&A] | STRATEGIC SALES

Saman Villas Limited
Sale of Majority to Jetwing Hotels Ltd & Consortium Undisclosed Amount




Gartmore Estate
Sale of the Tea Plantation with an extent of 602 Acres Undisclosed Amount

Lanka Realty Investments PLC
Purchase of 50.8% of On’ally Holdings PLC LKR 1,427 million

A T Cooray (Private) Limited
Sale of 100% to Ceyoka (Private) Limited


2022
Sell-Side Advisor and Manager





Undisclosed Buyer
2021
Sell-Side Broker

2020
Buy-Side Broker





2017
Financial Advisor & Arranger

Ascot Holdings PLC
Purchase of 44.98% by Eighth Wonder & Consortium of Investors
LKR 241.6 million

2017
Advisor

HNB Grameen Finance Limited
Sale of 7.93% to DWM Funds S.C.A, SICAV SIF LKR 788 million


2017
Financial Advisor & Arranger

Ninewells Care Mother & Baby Hospital
Sale of 70% to Access International (Pvt) Ltd LKR 1,000 million

2015
Advisor & Arranger

Undisclosed Buyer/Seller
Sale of 40MW of Hydro Power Generating Assets USD 45 million


2014
Advisor & Arranger

J L Morison Sons & Jones (Ceylon) PLC
Sale of 40.94% to Hemas Holdings PLC LKR 840 million

Pan Asia Banking Corporation PLC
Sale of 9.38% to Bansei Securities Co. Ltd LKR 581 million

Asian Alliance Insurance PLC
Sale of 19% to Deutsche Investitions - Und ntwicklungsgesellschaft Mbh LKR 912 million

Hayleys PLC
Sale of Mr. Dhammika Perera’s 51% stake in Amaya Leisure to Hayleys PLC in exchange for a 9% stake in Hayleys PLC LKR 2,600 million




2013
Sell-Side Broker







2013
Sell-Side Broker


2013
Sell-Side Broker



2011
Buy/Sell-Side Broker

Lanka Hospitals Corporation PLC
Sale of 28.6% to Fortis Global Healthcare Holdings Pte. Ltd LKR 4,000 million

Commercial Bank of Ceylon PLC
Acquisition of 9.9% by SBI Group LKR 5,858 million

Sri Lanka Telecom PLC
Sale of Strategic Stake by NTT Communications USD 300 million

Associated Motorways
Acquisition of 77% by Al Futtaim Engineering LKR 7,503 million

2011
Sell-Side Broker

2010
Broker

2008
Advisor & Broker

2008
Advisor & broker