European Event-Driven Analyst

Jesus Rodriguez Aguilar

Jesús is an Insight Provider (Event-driven) on the Smartkarma network, where he looks across sectors at opportunities arising from securities mispricing (both credit and equity), share classes, bid announcements, prospective bids, and special situations. He has served as Economic and Business Advisor at the Spanish Congress in Madrid. Prior to that, he has worked in the City of London: as a Credit Analyst at Bloomberg; Event-driven associate at former boutique European Research; and doubled as Special Situations and Equity-linked VP (convertible bonds) at Merrill Lynch. Jesús has an MBA from the London Business School, a BA (Hons.) degree in Economics from the Complutense University in Madrid, and a BA (Hons.) in Law from U.N.E.D., also in Madrid.

Pinewood: Bid Break, Premium Reset – Where Does It Clear Now?

Ridgeview/Pinewood Technologies: Back in the Driver's Seat

Ridgeview/Pinewood Technologies: 3p to Go

Event-Driven

<ul>
<li>Apax signals a likely take-private, with a clearly defined 500p offer, supportive board language and concentrated ownership, moving Pinewood from speculation into a late-stage, high-probability pre-Rule 2.7 situation.</li>
<li>At a 5.9% gross spread, the stock prices c.76% deal completion, offering a mid-teens annualised return on a clean UK scheme timetable, with downside cushioned by a SaaS-quality balance sheet.</li>
<li>Valuation looks balanced rather than stretched, with 500p near the midpoint of reasonable private-market outcomes for vertical SaaS, limiting downside risk while preserving modest upside through execution or timing.</li>
</ul>


Apax signals a likely take-private, with a clearly defined 500p offer, supportive board language and concentrated ownership, moving Pinewood from speculation into a late-stage, high-probability pre-Rule 2.7 situation.
At a 5.9% gross spread, the stock prices c.76% deal completion, offering a mid-teens annualised return on a clean UK scheme timetable, with downside cushioned by a SaaS-quality balance sheet.
Valuation looks balanced rather than stretched, with 500p near the midpoint of reasonable private-market outcomes for vertical SaaS, limiting downside risk while preserving modest upside through execution or timing.


Pinewood Technologies: Apax Takes the Wheel