Frontier Capital Partners

Frontier Capital Partners was founded in 2010 by a team of professionals with multi-disciplinary qualifications and many years of expertise and experience in diverse business fields to provide consultancy services to both local and foreign companies.

Frontier Capital Partners specialized in providing cutting edge and tailor-made investment strategies, solutions, legal and financial advisor services to clients throughout the entire spectrum of the investment cycle.  

We undertake consultancy services relating to strategic analysis, investment feasibilities, mergers and acquisitions, divestments, corporate restructuring and reorganisation, turnaround management, due diligence and other related legal and financial services.

Our team is driven to provide high quality professional services to our clients. Our advisors and partners are client focused, professional brings their own strengths to the team, which culminates in the high level of service, that we offer our clients. 

We provide advice and services in a professional and timely manner, offering well-packaged services to meet our clients’ needs and at the same time striving to exceed expectations.

SERVICES

Investment Banking Solutions 


We provide cutting edge and tailor-made investment strategies and solutions to our clients throughout the entire spectrum of investment cycle from the point of entry to the exit. These solutions range from the initial formation of businesses, financial feasibilities, business modelling and appraisals to promotion of investment’s, facilitation and arrangement of equity and other types of funding into new and existing projects. Mid term strategic solutions include capital market activities, business expansions and diversification, corporate finance services such as takeover and merger advice, deal facilitation & execution, mezzanine finance arrangements and equity placements. 


We also provide advise and assistance relating to restructuring, recapitalization and end term solution such as disposals, divestments and liquidations of businesses in order for our clients to realize capital gains and exit from a particular investment. We also offer to our client a range of business and investment opportunities from pre-identified growth sectors in Sri Lanka. These include direct startup investment opportunities to more mature but indirect mezzanine and strategic investment opportunities in both primary and secondary equity market. 

Legal and Financial advisory and consultancy services 


We provide legal assistance to corporates and individual investors from the point of identification of investment/collaborators to final tie up for carrying out business in Sri Lanka. This include the incorporation of companies, obtaining regulatory approvals, memorandum of understandings, joint venture partnership between local and foreign collaborators, transfer of technology, sale & purchase agreements, property conveyancing and all other related financial and legal consultancy services. We posses the strong background and legal expertise required for effective completion of transactions by providing transaction advisory services.

Legal and Financial Research 


We provide AI based Legal and Financial Research to our clients on professional basis relating to Sri Lanka law and Investments. These AI based reserach and advise services are unque as it combines the years of professional expertsie with the efficacy  and power of AI.  Our legal research solutions allows clients to understand and evaluate their legal position and to take personal or corporate decisions whilst our comprehensive financial research reports on Sri Lankan companies, industries and economy facilitate investors to evaluate their investment decisons.

CONSULTANTS

MR. NISHAN SUMANADEERA 


Nishan Sumanadeera is the founder of Frontier Capital Partners Ltd, with over 25 years experience in investment consultancy services such as Mergers and Acquisitions, Corporate Finance, Restructuring & turnaround management, Divestments, and other related legal and financial services. 

Mr. Sumanadeera is a Fellow member of the Chartered Institute of Management Accountant, FCMA, FCPA (Aust.) and Attorney at law. He also holds Masters in Business Administration (MBA) and specialized diploma in investment banking. He has served as a Director, Consultant and advisor for over 25 companies. 

Prior to starting his consultancy firm, he was the Head of the Investment Banking at Asia Capital PLC and Director of Asia Securities (Pvt) Ltd. Mr Sumanadeera also served as the Legal and Financial Consultant of Asia Capital PLC Group during 2020-2022 and spearheaded their internal restructuring on behalf of QI Group Malaysia. Detail profile of Mr Sumanadeera can be viewed at www.sumanadeera.com 

MR. ESHAN PERERA

Mr Eshan Perera is a highly accomplished, results driven senior level executive with more than 32 years of progressive experience in strategic planning, finance, operations and general management in diverse industries including financial services, climate change, retail, property development, garments manufacturing, software development and hospitality & leisure within start-ups as well as large established organisations. He has demonstrated ability to streamline business operations that drive growth and increase efficiency and bottom line profit. 

Mr Perera posses strong qualifications in general management, business planning, developing and implementing financial controls and processes in additon to productivity improvements and change management. Well-travelled and experienced in carrying out critical assignments and negotiation in foreign countries (U.K., USA, Australia, China, Germany, Japan, UAE, India, Nepal, Indonesia, Singapore, New Zealand and Maldives). Possesses solid leadership, communication and interpersonal skills to establish rapport with all levels of staff and management.

ACHIEVEMENTS

Sale of Asian Alliance Insurance PLC (AAIC) - Asian Alliance Insurance PLC is a listed insurance company with market capitalization of over US$45mn. In 2011 majority shareholders Fast Gain International Ltd and Asia Capital PLC (ACAP) through Malaysian fund management company QI Asset Management Ltd mandated Frontier Capital Partners Ltd to find a potential buyers to facilitate the divestment of 73% of the shareholdings in AAIC. Accordingly, the said shareholdings in Asian Alliance Insurance PLC were successfully placed with the Softlogic Holdings PLC (SHL) and its subsidiary Softlogic Capital Ltd in August 2011 making it the largest Merger and Acquisition (M&A) deal to take place during the year 2011.

Sale of Kapila Heavy Equipment’s PLC (KAPI) to Malaysian MTD Capital Bhd. - Current Managing Partner of Frontier Capital Partners Ltd, Nishan Sumanadeera, during his tenure as the head of Corporate Finance of a well-known investment bank in Sri Lanka was instrumental in facilitating the sale of Kapila Heavy Equipment’s PLC (KAPI) on behalf of a consortium of private owners to MTD Capital Bhd of Malaysia in 2007. Further Mr. Sumanadeera advised and assisted MTD Capital Bhd to acquire a well known construction company CML Edwards, Walker Piling and also to consolidate and integrate these business through a backdoor listing. Today MTD Walker PLC is one of the largest construction companies to be listed on the CSE.

Sale of C.W, Mackie PLC (CWM) - CW Mackie is a trading and export company established in 1900 with a current market capitalization of over US$ 30mn. In 2009 majority shareholders of the company Aarhuskarlshamn AB (Publ) and Industrial Fund for Developing Countries (IFU) through Swedish legal firm Mannheimer Swartling mandated Mr Nishan Sumanadeera one of our Senior Partners to find a potential party to divest its shareholdings. Accordingly the said shareholdings of the company was successfully placed with Lankem Ceylon PLC and Kotagala Plantation PLC recording one of the few takeovers to be recorded in the Colombo Stock Exchange during the year 2010. Further the minority stake of the company was successfully placed with a high net worth individual to complete the successfully takeover of the company by the new investor.

Takeover of Confifi Group by Lanka Orix Leasing Company PLC (LOLC) - Confifi Group is one of the largest hotel holding company which controls 3 listed star class hotels namely Confifi Hotel Holding PLC (PALM), Riverina Hotels PLC (BHR) and Eden Hotels PLC (EDEN). Confifi Group controls over 500 hotel rooms of the Golden Mile of southern beach with a total market capitalization of approximately US$ 50mn. Mr Nishan Sumanadeera one of our Senior Partners was instrumental in facilitating the sale of these 3 hotels to a consortium of investors comprising of Lanka Orix Leasing Company PLC (LOLC) and Brown Group in a swift but a hostile takeover transacted via the Colombo Stock Exchange

Acquisition and Restructuring of Asia Asset Finance Limited (AAF). Formerly known as Finance and Land Sales Limited - Our current Managing Partner Nishan Sumanadeera during his tenure at Asia Capital PLC as the Head of the Investment Banking spearheaded the negotiations, due diligence study and takeover of Finance and Land Sales Limited (FLSL) a licensed finance company with over 30 years of history from its charismatic owners and subsequently successfully reorganized and recapitalized the business under the new name Asia Asset Finance Limited to make it one of the present day key subsidiaries of Asia Capital PLC

Takeover of the Capital Reach Holdings Limited. - Nishan Sumanadeera our current Managing Partner of Frontier Capital Partners during his tenure at Asia Capital PLC as the Head of Investment Banking successfully concluded the takeover of Capital Reach Holding Limited well known Financial Services and Holding company through skillful negotiations and tact to acquire the critical minority shareholding which was critical to secure the control the company. Prior to the takeover he was instrumental in the taking control of 15% of the Capital Reach Holding Limited via legal action against the previous owners Vanik Incorporation Inc.

Acquisition of Navara Capital Partners Ltd and Navara Securities (pvt) Ltd by Asia Capital PLC - Frontier Capital Partners Ltd facilitated the acquisition of 70% shareholdings of Navara Capital Partners Ltd and 94% shareholdings in Navara Securities (pvt) Ltd licensed stock brokering company by Asia Capital PLC in December 2020. Transaction was structured, advised and facilitated by Frontier Capital Ltd as per the mandate given by the majority shareholders to restructure and reorganise and diversify Asia Capital PLC a company listed in the Colombo Stock Exchange.

Placement of 40% shareholdings of Asia Siyaka Commodities PLC (ASIY) - Frontier Capital Partners Limited successfully concluded the placement of 40% shareholding of Asia Siyaka Commodities held by Siyaka (pvt) Limited to a consortium of strategic local investors. Transaction was concluded in October 2011.

Placement of 10% shareholdings of National Development Bank (NDB) - Frontier Capital Partners Limited successfully concluded the divestment of 10% shareholding of National Development Bank PLC (NDB) owned by Malaysian based QI Asset Management Limited through various Special purpose Companies. Transaction was concluded in January 2013.

Corporate Restructure and Financial Re-Engineering of Asia Capital PLC - Amidst ongoing negotiations between key Japanese and Malaysian investors of Sri Lanka’s pioneering investment banking group, Asia Capital PLC (ACAP), in September 2020 appointed  Frontier Capital Partners Ltd as the  legal and financial consultants to restore confidence among the investors and to create shareholder value through a process of restructuring and financial reengineering of group assets and businesses.

Legal due diligence of Wheelworks (pvt) Ltd on behalf of HEXPOL AB (publ) of Sweden - Frontier Capital together with the DLF De Sarams successfully completed the legal due diligence study of Wheelworks (pvt) Ltd a company specialised in manufacture and export of industrial wheels on behalf of Hexpol AB (publ) Sweden and their local collaborators Elastomeric Engineering Ltd in March 2020.

PRESS ARTICLES