The Mercurius Group team members have advised Governments & Investors on airport privatisations (sell side), asset acquisitions (buy side) and divestments. The team has also conducted multiple economic impact analysis studies and new development feasibility studies.
Sale of 50.1% of Hobart Airport – Non-aeronautical revenue due diligence (2019)
TMG was engaged by Unisuper, one of the bidders seeking to acquire 50.1% of Hobart Airport as non-aero revenue adviser, covering specialty retail, F&B, duty free, car parking, car rental, advertising and ground transport. TMG’s role was to identify both value enhancing opportunities and risks from documentation provided in both the Information Memorandum and Digital Data Room during both the non-binding bid and binding bid stages of the transaction. TMG’s advice was incorporated into the bid valuation model and consideration of risk/value.
Sale of Sunshine Coast Airport – Non-aeronautical Revenue Due Diligence (2018)
TMG was engaged by Infrastructure Capital, one of the bidders seeking to Sunshine Coast Airport from the local Council, to prepare the overall business plan for the bid. Preparing the business plan required TMG to take input from various workstreams (including aeronautical, non-aeronautical, operations and capital planning) to develop a consistent story-line in support of the ICG bid. The business plan covered a range of scenarios including airline traffic forecasts and associated terminal expansions and redevelopments.
Airport Commercial Masterclass (Morgan Stanley) – Advisory (2018)
TMG was engaged by Morgan Stanley to provide an airport commercial master class to Morgan Stanley’s investment clients. The master class covered all areas of airport commercial revenue including duty free, specialty retail, food & beverage, car parking, car rental, ground transport, hotels and advertising. TMG provided insights into key performance benchmarks, business trends, industry consolidation, disruption and opportunities for airports across Australia and New Zealand. The master class concluded with a Q&A session.
Airport Commercial Master Classes (Forsyth Barr) – Advisory (2017-present)
TMG has been engaged by Forsyth Barr over the past 4 years to provide an airport commercial master classes to their investment clients across Australia and New Zealand
The master classes covered all areas of airport commercial revenue including duty free, specialty retail, food & beverage, car parking, car rental, ground transport, hotels and advertising. TMG provides insights into key performance benchmarks, business trends, industry consolidation, disruption and opportunities for airports across Australia and New Zealand.
The Mercurius Group advises ICG on Sunshine Coast Airport Privatisation (2016)
December, 2016. Infrastructure Capital Group (ICG)- an Australian specialist, independent infrastructure fund management firm – engaged The Mercurius Group to prepare the Business Plan supporting ICG’s bid in the recent privatisation of Sunshine Coast Airport (Queensland, Australia). Preparing the business plan involved coordinating with ICG and other advisers (including aeronautical, traffic forecasting, planning, operational, environmental and financial) to document ICG’s proposed approach to the management of the Airport post privatisation and the expected financial, aeronautical commercial and community outcomes.
