ANGLO AMERICAN
Press Article
London
2018/10/23
Bacchus Capital Leads the Way in Mining Mergers and Acquisitions
Founded by the former Head of Mining & Metals at Morgan Stanley, Bacchus Capital’s portfolio of African clients has been going from strength to strength. To find partners to both invest and operate its Ghanaian gold mining project Gbane, Australian junior Cassius Mining recently sought the advice of Bacchus Capital Advisers.
Registered in London in 2016, this financial consultancy firm is well-versed in mergers and acquisitions with specific knowledge of and experience in the African mining sector. Bacchus Capital boss, Peter Bacchus, previously was the Global Head of Mining & Metals at Morgan Stanley and European Head of Investment Banking at Jefferies. His clients included First Quantum Minerals and Rio Tinto. Today, Bacchus is a board member of South African gold producer Gold Fields and Kenmare Resources, operator of the Moma titanium mine in Mozambique.
Bacchus Capital has no less than three managing directors, all of whom were mining sector bankers: Richard Allan, who also previously worked for Morgan Stanley and Jefferies as well as Citigroup; Chris Johannsen, a former executive at Standard Chartered bank; and Paul Cahill, previously Head of Business Development at Anglo American.