Augusta & Co builds European team

The London-headquartered merchant bank with offices in Frankfurt and Paris has brought in new partners Thomas Warnholtz and Gerard Sanders.

Augusta & Co, the independent investment bank specialising in corporate finance and capital markets services to mid-market clients in Europe, has taken steps to build its team operating across the UK, Germany and France.

The firm, which was established in 2002, has appointed Thomas Warnholtz, the former country head for Germany, Switzerland and Austria at Intermediate Capital Group Plc, the European debt provider where he spent seven years. Joining Augusta as partner, Warnholtz will be focused on structured finance and leveraged debt mandates.

Also joining as partner is Gerard Sanders, who has spent 22 years in European investment banking working for West LB Panmure and Lazard in Paris and London. Sanders will be responsible for Augusta’s French operation, concentrating on capital markets and advisory mandates as well as advising French institutions on private equity fund placement and secondary trading of limited partnership interests.

The appointments take the number of partners at Augusta to nine.

Commenting on the enlargement, James Mac-Millan Scott, senior partner at the firm, said in a statement: “As we grow it is essential that we increase our European capabilities, complimenting our establishment in the UK and Germany and increasing our capacity in the core private debt and equity structuring practice.”

In addition to its mid-market corporate finance focus, the firm has also developed specialist knowledge in the European renewable energy sector. In January, it completed an assignment advising UK-based private equity firm Englefield Capital and First Islamic Investment Bank on a £400 million ($732 million; €582 million) transaction involving the purchase of the wind farm portfolio of RWE Innogy, the largest green power generating business in the UK. 

In Germany, the firm is currently advising a family-owned manufacturing business on a large-scale recapitalisation.