OVATO – innovative and complex turnaround underpinned by a non-bank solution

Jonathan Pruden

Executive Director, 333 Capital

Jonathon Pruden is an Executive Director at 333 Capital. He has had exposure to a broad range of transactions having spent over a decade in Investment Banking; first at Macquarie Capital before moving to 333 Capital where he specialises in mid-market mergers and acquisitions.

His deep experience with all facets of transactions from financial analysis right through to providing strategic advice and negotiating complex legal agreements position him well to drive to the most commercial of outcomes for clients. His recent engagements have been in the media, print and retail industries.

Jonathon’s areas of expertise include mergers and acquisitions; business divestments; financial restructuring; and capital raising.

Justin Doczy

General Manager, ScotPac

Justin (or, JD) started his career in Business Finance 15 years ago with ScotPac – starting as a Business Development Manager and then taking over the reigns as GM of NSW/ACT 7 years ago.

Studying Commerce at Newcastle Uni – his interest was in running businesses. Prior to his finance career, JD managed large hotels across Sydney and Newcastle and was a company director and small business owner. A diverse career that has developed a deep understanding of the challenges faced by business owners and instilled a passion to provide the highest level of service to our clients.

Over the years working with ScotPac, JD’s focus and responsibilities have moved from primarily Client Acquisition to now managing Client Relationships and Solutions. Some of his most rewarding work involves finding complex, multi-product solutions. “It’s especially rewarding when we can help a client in situations where other funders have struggled to find a way”.

Some recent transactions of note include a $120m Invoice finance solution as well as a $100m multi product solution providing Invoice Finance, Trade Finance and equipment Finance. “The biggest rewards come from providing our clients with a solution and then watching their business transform and flourish – whether they be our largest clients or our smallest”.

Patricia Kruse

Business Development Manager

Patricia is a finance product specialist with over 20 years’ experience in providing businesses with Cashflow and Working Capital solutions. She has a strong understanding in Trade and Financial Services and have also worked in the financial services sector in both Australia and the United Kingdom.

Patricia offers creative cashflow solutions to SME’s within the manufacturing, wholesale and business services sector and has the ability to establish strong rapport across all levels of business. She works across all stages of the business cycle (distressed to Established/Small to Large/Start- ups to bank quality)

Her services can be utilised in a wide range of business situations such as:

– Funding business growth for startup business to medium and large corporates
– Where a business cashflow is constrained
– Inadequate property or other security available to access Bank funding
– Where a business needs to secure funding to provide working capital for a Restructure
– Mergers and Acquisitions or management buyouts
– Directors/owners do not want to risk personal assets to fund the business

James Marshall

Partner, Ashurst

James is global co-head of Ashurst’s Restructuring and Special Situations Group and a member of the Ashurst Board.

Recognised as one of Australia’s preeminent restructuring practitioners, James specialises in restructuring, insolvency and special situations.

His practice includes: acting for lenders and creditors to help manage their credit risk; advising parties who are active in the secondary debt markets; advising boards in relation to the financial restructuring of distressed companies; and distressed mergers and acquisitions. He regularly acts for lending syndicates to distressed companies, and advises in respect of formal insolvency administrations. James has extensive cross-border experience, including advising offshore investors into Australia, restructurings involving offshore funders, advising Australian companies with offshore funders and operations

He is also committed to developing Australia’s Restructuring & Insolvency framework and regularly sits on law reform committees and contributes to the discussion and debate around proposed legislative changes.

James has been ranked as a “Star Individual” for Restructuring & Insolvency by Chambers Asia-Pacific since 2011, and was named Lawyer of the Year for Insolvency & Reorganisation Law by Best Lawyers Australia 2020.