WHAT WE DO
Merchant Prospect Ltd is a full-service boutique ship finance advisory primarily engaged in:
Financing
MPL provides financial advice and financing strategies to its clients either on an ad-hoc or retained basis depending on customer requirements.
MPL advises on the optimal structuring of the capital base required to meet clients' strategic goals and assists companies in sourcing appropriate debt and equity solutions.
MPL source financing packages for company growth, fleet renewal, capex, M&A, working capital and refinancing purposes.
MPL collaborate with a vast network of corporate finance houses, multi family offices, PE firms and strategic financial investors.
We have concluded transactions for clients globally in most sectors and are currently arranging financings for clients in Europe, Asia, Africa and the Americas in the offshore, gas, dry bulk, tanker and cruise sectors.
We also work closely with a funder focussed on the financing of on-board Environmental Equipment such as Exhaust Gas Cleaning Systems and Ballast Water Management Systems. Should you be interested in finding out more, please contact us at green@merchantprospect.com.
Consulting
MPL advisory deliverables have covered:
-
Reviewing portfolios and provision of ongoing advice for both potential buyers (PE firms) and lending banks.
-
Outsourced credit risk assessment, lending policy structuring, business strategy implementation and contingency planning for leasing companies.
-
The ownership and management of an issuer of a Norwegian listed high yield bond, in connection with a >USD 1bn FPSO conversion.
Having experienced many shipping and offshore cycles the team have been involved in multiple restructurings both in and out of court processes and on behalf of both creditors and debtors.
For larger projects Merchant Prospect works as an Independent Contractor for leading advisory firm Alix Partners LLP.
Ship Broking
MPL are members of the Baltic Exchange and Lars Torum is a Fellow of the Institute of Chartered Shipbrokers. Through our extensive global network of contacts we are able to discretely approach potential buyers, sellers and charterers on a bespoke basis.
Services
Insurance Recovery - through our working relationship with BMS group we have been able to secure MII/MAP/H&M & War Risk settlements that were considered unobtainable.
Info Memo, Business Plan and Cashflows - MPL can provide outsourced Info Memo, Business Plans, Cashflows and other DD pack documentation at short notice.
Strategic Business Development - MPL work with a number of early stage companies providing advisory services non business plan preparation, pre-money due-diligence packs, route-to-market, growth funding and business exit plans.
CFO/CCO Outsourcing - MPL take on interim CFO/CCO positions on an ad-hoc basis and we are well versed in both buy and sell side appointments.
Directorships and Management - MPL provide directorships (and ownership in certain cases) to client companies where required.
Partners
Merchant Prospect has partnered with leaders in their fields to market their services as follows:-
Idwal is a global leader in vessel inspections.
The Idwal Grade® is an industry recognised measure of asset integrity and data-driven methodology ensures that our reports are consistent, accurate and free from bias.
Pole Star are a sanctions screening/vessel tracking company that offers a wide range of solutions designed specifically to enable time-critical decisions and mitigate risk across all facts of maritime activity.
TransferMate is a global B2B payments technology firm. TransferMate has built one of the largest portfolios of payment licences worldwide, including 200+ countries and territories / 140+ currencies / 92 licenses.
MIAGEN is a global Forecasting, Planning and Analysis consultancy headquartered in Dublin. They specialise in the delivery of industry specific models solving complex financial planning and business analysis needs for large to enterprise size organisations.