Situation
BHF Kleinwort Benson Group SA (formerly RHJ International, or Ripplewood) is a publicly listed Brussels-based private equity firm with interests in, among others, the German BHF Bank and the British Kleinwort Bensons.
In 2011, investment group RHJ International (RHJI), listed on the stock exchange in Belgium, took the decision to focus on financial services as its core business. To implement this strategy, RHJI was looking to acquire a suitable bank. We were commissioned by RHJI to search for a suitable acquisition and devise the strategy to move ahead with the acquisition.
