NAVIGATOR ACQUISITION CORP
Navigating businesses through capital markets
About Us
Navigator Acquisition Corp. is a TSX Venture-listed Capital Pool Company (CPC), traded under a stock symbol NAQ.P. The Company focuses on the evaluation and identification of one and more businesses and assets with a view to complete a qualifying transaction.
Any proposed Qualifying Transaction must be accepted by the Exchange and in case of a Non-Arm's Length Qualifying Transaction is also subject to Majority of the Minority Approval in accordance with the CPC Policy.
With the consent of the Exchange, the CPC may raise additional funds in order to finance an acquisition.
Strategy
The Company intends to consummate a business combination with a medium-sized privately held company.
The Company has developed general criteria and guidelines for evaluating and selecting potential target companies operating in different sectors.
The Company has developed general criteria and guidelines for evaluating and selecting potential target companies operating in different sectors.
Stable cash generation
Performance
International presence/growth
Navigator Acquisition Corp. intends to focus on target companies with a history and the ability of generating—positive, stable cash flows to fund their ordinary investments and generate adequate remuneration for invested capital over time.
Navigator Acquisition Corp. intends to focus its attention on companies that have historically achieved positive operating and financial results.
Navigator Acquisition Corp. intends to focus on target companies with a solid international platform or ability to expand abroad their domestic market.
Competitive product positioning
Navigator Acquisition Corp. plans to target companies with a distinctive market position. The company assess the strengths and weaknesses of the target company's products focusing on their market share, product quality, degree of customer loyalty and concentration, level of patent protection, diversification of the supplier and brand positioning.
Management
Navigator Acquisition Corp. intends to focus on target companies with a strong and experienced management team with a proved record of continuous growth pattern, ongoing profitability and financial stability. The target company's management team should also prove to be interested in the listing aimed at strengthening the business and facilitating its international development.
Investment Target
Navigator Acquisition Corp. focuses on companies active in Global Emerging Markets seeking additional resources for continued growth and development as well as companies looking to integrate complementary businesses and facilitate international expansion.
The Company sees opportunity in investing in a Target with the following criteria:
Family-owned companies
Private equity
Portfolio companies
Company spin-offs
For guidance Navigator Acquisition Corp. will focus on companies with an Equity Value between $50 million and $250 million.
What is a CPC?
A Capital Pool Company (CPC) is a listed investment vehicle that raises funds to acquire and/or reverse merge (Business Combination) with one or more unlisted operating companies (the "Target").
The founders form the management of the company: the quality and reputation of the founders are fundamental to the success of a CPC. The founders invest their own capital in the CPC (capital at risk) to finance its business activities.
The CPC has about 24 months to identify and acquire the Target or else it will be dissolved.
The founders form the management of the company: the quality and reputation of the founders are fundamental to the success of a CPC. The founders invest their own capital in the CPC (capital at risk) to finance its business activities.
The CPC has about 24 months to identify and acquire the Target or else it will be dissolved.
INVESTORS ARE CAUTIONED THAT TRADING IN THE SECURITIES OF A CAPITAL POOL COMPANY SHOULD BE CONSIDERED HIGHLY SPECULATIVE. NEITHER THE VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS INFORMATION.
Our Advantages
Investor's Centrality
The CPC puts the investor at the center of the decision-making process: the decision about the Business Combination is left in the investors' hands and individual shareholders who do not agree can exit.
Access to an Expert and Highly Motivated Team
The investor has the benefit of an expert team with a proven successful track record in originating and closing transactions in multiple sectors.
The remuneration of the team is linked to the post-Business Combination performance of the shares.
The remuneration of the team is linked to the post-Business Combination performance of the shares.
Investment liquidity
The CPC shares can be traded immediately on the stock market, which means that the investment may be liquidated from the first day of trading.
Complete Alignment of Promoters and Investors Interests
As it is typical of CPCs, the Founders receive the investment's financial return over the long term and it is closely linked to the return obtained by investors.
Market Environment that Generates Acquisition Opportunities
Private companies often lack access to global public capital market which significantly affect their growth and development.
The governance issues and especially the exit strategies contained in the shareholders' agreements imposed on the entrepreneurs by private equity operators have given an added advantage to a CPC compared to a private equity fund.
Private equity funds can take advantage of a CPC in order to get access to liquidity, capital markets and monetize their investment via public exit.
The governance issues and especially the exit strategies contained in the shareholders' agreements imposed on the entrepreneurs by private equity operators have given an added advantage to a CPC compared to a private equity fund.
Private equity funds can take advantage of a CPC in order to get access to liquidity, capital markets and monetize their investment via public exit.
Team
Navigator Principal Investors is a diverse team of experienced, forward-thinking and creative advisers with deep understanding of capital markets. We combine knowledge and expertise in different market sectors and possess unique reach across the Americas, Europe and Asia.
Kyle Shostak, Director
Since 2011, the co-founder of Navigator Principal Investors LLC, an investor adviser and proprietary investment partnership focused on international debt and equity special situations.
In 2012-2014, a co-sponsor and Director/Chief Financial Officer of CIS Acquisition Ltd, a NASDAQ-listed special purpose acquisition company (SPAC). Executed a $80mm merger (equity and warrants) with Delta Technologies Ltd, a Hong-Kong specialty chemical producer
In 1995-2009, Mr. Shostak held origination, structuring and portfolio risk management positions in Leveraged Finance and Financial Sponsors desks at J.P. Morgan, GE Capital/Genworth Financial, Credit Suisse, Banca Intesa and Bank Austria/Creditanstalt. Mr. Shostak covered mezzanine, second lien, secured, LBO/MBO, asset-backed, special situations debt and private equity
In 1994-1995, Mr. Shostak servied as an ssociate at Covington & Burling in Washington, DC, specializing in corporate and securities
MBA in Finance from Stern School of Business at NYU (2000) and Master of Laws (LL.M.) from The American University, Washington, D.C. (1994).
In 2012-2014, a co-sponsor and Director/Chief Financial Officer of CIS Acquisition Ltd, a NASDAQ-listed special purpose acquisition company (SPAC). Executed a $80mm merger (equity and warrants) with Delta Technologies Ltd, a Hong-Kong specialty chemical producer
In 1995-2009, Mr. Shostak held origination, structuring and portfolio risk management positions in Leveraged Finance and Financial Sponsors desks at J.P. Morgan, GE Capital/Genworth Financial, Credit Suisse, Banca Intesa and Bank Austria/Creditanstalt. Mr. Shostak covered mezzanine, second lien, secured, LBO/MBO, asset-backed, special situations debt and private equity
In 1994-1995, Mr. Shostak servied as an ssociate at Covington & Burling in Washington, DC, specializing in corporate and securities
MBA in Finance from Stern School of Business at NYU (2000) and Master of Laws (LL.M.) from The American University, Washington, D.C. (1994).
Alex Lyamport, Director and CFO
Since 2012, Director at Navigator Principal Investors, LLC
2003-2012: Co-founder and Head of Capital Markets of Link Capital, an Eastern European financial advisory firm
2012-2014, Regional M&A Advisor for CIS Acquisition Ltd, a NASDAQ-listed special purpose acquisition company (SPAC), which merged with Delta Technology Holdings Ltd. A leading Chinese chemical manufacturer
2005 – 2009: Co-founder and Member of the Board of iMusic TV GmbH, Germany's second largest music television channel and multimedia group, played active role in strategy and fundraising
Over 20 years of experience in origination, structuring and closing deals in media, technology, energy, consumer goods and agriculture in Central and Eastern Europe, deep understanding of East-West capital markets and cross-border M&A
Studied international finance at the City University of New York, Brooklyn College
2003-2012: Co-founder and Head of Capital Markets of Link Capital, an Eastern European financial advisory firm
2012-2014, Regional M&A Advisor for CIS Acquisition Ltd, a NASDAQ-listed special purpose acquisition company (SPAC), which merged with Delta Technology Holdings Ltd. A leading Chinese chemical manufacturer
2005 – 2009: Co-founder and Member of the Board of iMusic TV GmbH, Germany's second largest music television channel and multimedia group, played active role in strategy and fundraising
Over 20 years of experience in origination, structuring and closing deals in media, technology, energy, consumer goods and agriculture in Central and Eastern Europe, deep understanding of East-West capital markets and cross-border M&A
Studied international finance at the City University of New York, Brooklyn College
C. Geoffrey Hampson, Director, Secretary
35-year career as an entrepreneur and financier of a variety of public and private companies involved in diverse industries located all over the world. Expertise and hands on knowledge in special materials, technology, and mining.
CFO of Environmental Resource Materials, LLC
Chairman and Director of Fibrox Technology Ltd.
Since 2012, CEO of Para Resources Inc., a TSXV Junior mining company with a producing gold mine in Colombia and Arizona
In 2013-2015, Executive Chairman of LivingVentures, Inc.
In 2008-2010, CEO of Corelink Data Centers, LLC
Since 2007, CEO and Co-Owner of Techvibes Media Inc.
In 2000-2006, President and CEO of Peer 1 Network, Ltd.
In 1995, started Fibrox Technology Ltd and invested in and joined the Board of Directors of Cymat
In 1982, started Novocon International. Inc., later known as Synthetic Industries
CFO of Environmental Resource Materials, LLC
Chairman and Director of Fibrox Technology Ltd.
Since 2012, CEO of Para Resources Inc., a TSXV Junior mining company with a producing gold mine in Colombia and Arizona
In 2013-2015, Executive Chairman of LivingVentures, Inc.
In 2008-2010, CEO of Corelink Data Centers, LLC
Since 2007, CEO and Co-Owner of Techvibes Media Inc.
In 2000-2006, President and CEO of Peer 1 Network, Ltd.
In 1995, started Fibrox Technology Ltd and invested in and joined the Board of Directors of Cymat
In 1982, started Novocon International. Inc., later known as Synthetic Industries
Brett A. Janis, CFA
Brett A. Janis, CFA is principal and founder of Strong Bridge Advisers, an investment management firm serving individuals, family offices, corporations.
Brett has previously served in senior roles at Wells Fargo Asset Management, US Treasury, and McKinsey's New York-based financial service practice.
He began his professional career as a CIA analyst. He graduated from Harvard College (A.B. 1992), Georgetown's School of Foreign Service (M.S. 1996), and Columbia Business School (M.B.A. 2009), where he specialized in Applied Value investing. Brett has been a CFA Charterholder since 2005.
Brett has previously served in senior roles at Wells Fargo Asset Management, US Treasury, and McKinsey's New York-based financial service practice.
He began his professional career as a CIA analyst. He graduated from Harvard College (A.B. 1992), Georgetown's School of Foreign Service (M.S. 1996), and Columbia Business School (M.B.A. 2009), where he specialized in Applied Value investing. Brett has been a CFA Charterholder since 2005.
Basil M Karatzas, Director
Basil M. Karatzas is the Founder and CEO of Karatzas Marine Advisors & Co., a shipping finance, advisory and ship-brokerage firm based in New York.
Basil has diverse maritime industry expertise in the fields of shipping finance, marine asset valuations and ship brokerage. Basil has provided vessel appraisals and marine asset valuations and strategy analysis in the tanker, gas, offshore, dry bulk and containership markets for both international registry and the Jones Act markets; has executed finance-oriented arrangements such as sale & leaseback and structured finance transactions. Most recently, Basil acted as Liquidation Trustee for the judicial sale of two pelagic purse-seiner tuna fishing vessels under the authority of the High Court of the Republic of the Marshall Islands.
Basil has been educated at Rice University and Harvard Business School, and holds several professional accreditations, affiliations and memberships; among them, he is a Fellow of the Institute of Chartered Shipbrokers (FICS) in the UK, an Accredited Senior Appraiser (ASA) with the American Society of Appraisers in the US for vessel valuations and marine appraisals, and a member of the Baltic Exchange in the UK and BIMCO in Copenhagen. Basil is Certified Marine Surveyor (CMS) and Accredited in Business Valuations (ABV).
Basil has diverse maritime industry expertise in the fields of shipping finance, marine asset valuations and ship brokerage. Basil has provided vessel appraisals and marine asset valuations and strategy analysis in the tanker, gas, offshore, dry bulk and containership markets for both international registry and the Jones Act markets; has executed finance-oriented arrangements such as sale & leaseback and structured finance transactions. Most recently, Basil acted as Liquidation Trustee for the judicial sale of two pelagic purse-seiner tuna fishing vessels under the authority of the High Court of the Republic of the Marshall Islands.
Basil has been educated at Rice University and Harvard Business School, and holds several professional accreditations, affiliations and memberships; among them, he is a Fellow of the Institute of Chartered Shipbrokers (FICS) in the UK, an Accredited Senior Appraiser (ASA) with the American Society of Appraisers in the US for vessel valuations and marine appraisals, and a member of the Baltic Exchange in the UK and BIMCO in Copenhagen. Basil is Certified Marine Surveyor (CMS) and Accredited in Business Valuations (ABV).
Dmytro Grygoryev, Senior Investment Analyst
Since 2017, an analyst at Navigator Principal Investors, focused on analysis of financial models and targets' materials, due diligence and scenario-building
Master in International Business with a focus on Finance from HULT International Business School, Boston, 2018
B.A. in Economics and Business Administration from University College of London (UCL), 2016
Master in International Business with a focus on Finance from HULT International Business School, Boston, 2018
B.A. in Economics and Business Administration from University College of London (UCL), 2016
Serhii Ivanus, Analyst
Since 2016, worked at Navigator Principal Investors, analyzed investment opportunities, built financial models, worked through financial statements, audits, presentations and operating documents
B.A. in Business Administration from European University Business School, Barcelona, Spain
B.A. in Business Administration from European University Business School, Barcelona, Spain
Contact Us
One World Financial Center
200 Liberty Street, 8th Floor
New York, NY 10281
Tel: 212.909.5870
Email: kshostak@navigatorprincipalinvestors.com
200 Liberty Street, 8th Floor
New York, NY 10281
Tel: 212.909.5870
Email: kshostak@navigatorprincipalinvestors.com
