Babylon Pump & Power Ltd – $18.6m Acquisition Funding
Babylon Pump & Power Ltd (ASX:BPP) – Mining Services
Western Australia
Mining Services
Co-Founder Tom Renda brings 35 years of experience in front line and Senior Executive roles in Business, Corporate and Institutional Banking across 3 major banks.
Tom’s area of expertise is working with large private businesses and small and mid cap listed companies providing advice and solutions on:
Thomas (Tom) Renda is a credit representative (510599) of BLSSA Pty Ltd ACN 117 651 760 (Australian Credit Licence 391237)
Adil Basoeki is an experienced finance professional with strong credit and analytical capabilities.
His experiences working in numerous Senior Business Banking Relationship roles over the l10 years at NAB has provided him the rounded skills essential to tailoring finance solutions for customers in various industries.
Adil has extensive experience in the following areas:
Calvin Shum brings over a decade of experience in the Banking and Finance sector having held front line positions in retail, business banking, and commercial broker segments at CBA, ANZ, and NAB, where his most recent role was Senior Business Banker at NAB.
Leveraging his extensive knowledge of commercial and consumer lending processes, and with firsthand experience of credit and risk assessment gained across 3 major banks, Calvin has the banking “know how” that enables
him to craft highly effective and bespoke debt funding solutions to help his client base grow their business.
Calvin’s areas of expertise includes:
Babylon Pump & Power had delivered strong earnings growth in recent years and identified two established hire businesses as strategic opportunities to expand its Rental division.
While equity support was available, the Board sought a debt-funded structure to leverage the company’s earnings recovery and preserve shareholder value through limited dilution.
EMK Thomas Capital and Advisory delivered detailed financial modelling and debt structuring advice, demonstrating the robustness of cashflows to support accelerated deleveraging while establishing a sinking fund for vendor finance obligations.
The transaction was competitively tendered to eight banks, ensuring broad market coverage and optimal funding terms.