New York; September 13, 2012 – The Seabury Capital LLC, a global investment banking, management advisory and investment management group, announced that Mr. Brian Karpiel has re-joined the firm as Director in the Investment Banking practice area. Mr. Karpiel brings over 12 years of investment banking, management consulting and restructuring experience in the Aerospace & Defense (A&D) and Aviation market segments. “I am pleased to be rejoining Seabury given that their deep bench strength – including former C-level managers across every functional discipline – with a strong focus on the Aerospace and Aviation sectors. This is an unmatched platform from which to serve clients within these sectors on a global basis. Rather than only executing transactions, Seabury is able to unlock value at every stage of a business’ trajectory, from developing growth strategies and implementing operational improvements, to the preparation for and execution of liquidity events.”
Prior to re-joining Seabury, Mr. Karpiel was most recently a Director with middle-market investment bank Janes Capital Partners, where he focused exclusively in the A&D market. Thus far in 2012, he completed successful sell-side M&A engagements American Pacific Corporation, advising in the sale of its In-Space Propulsion business to Moog, and CEi in its sale to Kratos. During his investment banking career Mr. Karpiel has covered the A&D sector with Lehman Brothers and at CIT/Edgeview Partners. He began his career at General Electric in manufacturing and operations management – with specific experience in labor productivity, supply chain management and lean sigma.
He has led or participated in over 90 advisory assignments, including investment banking, in-court restructuring and consulting transactions valued at over $4 billion. His previous aviation clients while at Seabury include Air Canada, Qantas, South African Airways and US Airways. “We are pleased to welcome Brian back to Seabury. His transaction experience and specific sector knowledge directly supports Seabury’s strategic direction to leverage our investment banking, financial restructuring and consulting capabilities to comprehensively address our clients’ needs,” stated John Luth, Chairman, President and CEO of Seabury Capital LLC.
Brian graduated from Stanford University with a degree in Mechanical Engineering and received his M.B.A from Harvard Graduate School of Business Administration. He is a FINRA-registered representative with Series 7, 79 and 63 certifications.
About Seabury Capital
The Seabury Capital is a global investment banking, advisory and investment management firm providing investment banking, restructuring/corporate recovery, management consulting, IT development, human capital and investment management advisory services. Seabury professionals have in-depth experience in a broad range of industries including aerospace, automotive, aviation, cargo, consumer products, distribution, financial services, gaming, infrastructure (ports and airports), logistics, maritime and manufacturing. Seabury has advised on more than 700 client engagements around the world. Seabury’s operations span Africa, Australasia, Asia, Europe, the Middle East, and the Americas with principal offices in New York, London, Amsterdam, Hong Kong, Los Angeles, Minneapolis, and Washington, D.C., and additional representative offices in Dallas/Fort Worth, Houston, and Singapore.
Seabury is the leading global advisor to the aviation industry, having successfully managed ten of the 15 largest airline restructurings or corporate recoveries in the world, including restructuring over $100 billion of debt and lease obligations. Seabury has raised over $30 billion of capital financing, including advising on over $4 billion of equity financings, and negotiated or renegotiated over $100 billion of new aircraft purchase agreements. Seabury’s investment banking and corporate advisory team has corporate restructuring and insolvency experience representing companies on distressed M&A transactions, refinancing, recapitalizations, and debt renegotiations. Seabury offers financial services through SeaCap Partners a strategic advisory and merchant bank focused exclusively on the global investment management industry.
Landmark assignments include advising: Aeromexico on $11 billion (list price) order for 90 737-8 MAX and 10 787-9 (2012); Avianca/TACA on a new narrowbody order for 51 A320/A320 neo aircraft valued at $4.4 billion and renegotiation of a large widebody order (2012); a major global carrier on restructuring over $6.5 billion of new widebody aircraft orders for (2011); advised Cathay Pacific Airways on strategic planning and a $9.7 billion order for 30 A350s and 6 777-300s (2010); restructuring over $1 billion of aircraft lease and debt obligations for Frontier Airlines (2011) and over $400 million of regional aircraft lease and debt obligations a subsidiary of Republic Airways (2012); providing comprehensive profit improvement programs for several major African and Middle East carriers (2011-2012); completing a highly successful $525 million liquidity raise for US Airways (November 2009); advising United Air Lines on a multi-billion dollar order of new widebody aircraft (December 2009), and completing a Cdn$1.0 billion liquidity raise for Air Canada (September 2009), the restructuring, recapitalization and sale of Frontier Airlines (October 2009), and advising on the restructuring and sale of Midwest Airlines (July 2009). Additional landmark deals include: raising $1.1 billion for US Airways Group, Inc. (October 2008); restructuring and raising over $2 billion of new equity and debt capital for Northwest Airlines (September 2007), for which Seabury was awarded Airfinance Journal’s “North American Deal of the Year”, successfully completing a restructuring and comprehensive corporate turnaround program for South African Airways (2006-2007); and serving as both M&A advisor and raising over $2 billion of equity and debt financing for the merger of US Airways with America West Airlines (2005).
Seabury also builds and licenses proprietary software systems providing unparalleled capabilities across enterprises with respect to financial and operation performance analysis. Seabury Airline Performance Analysis System (“APAS”) has been installed at a number of major carriers. Seabury’s Airline Planning Group and Seabury’s Cargo Advisory Group each have unique proprietary software and data products providing comprehensive planning capabilities to airline, air and maritime cargo operators and logistical companies around the globe.