Management Consultancy Services - Fortman Cline

Fortman Cline served as financial advisor to the Pascual family in its acquisition of a holding company

Fortman Cline served as financial advisor to the Pascual family in its acquisition of 50.78% of the holding company Ondarea, Inc., resulting in the consolidation of its ownership in Ondarea and its subsidiaries ADP Pharma Corp. & Seville Pharmaceuticals, Inc. ADP Pharma is a major player in the Philippine pharmaceutical industry through its market-leading Propan brands.

Fortman Cline advised the Pascual family in the acquisition of 100% of Bionutra Innovations Inc., the owner of the Novuhair brand and formulation. This acquisition expands ADP’s business into consumer wellness and cosmetics.

Fortman Cline advised the Pascual family in securing a Php 1.9 billion facility from the Bank of the Philippine Islands, of which Php 600 million was a Bridge Loan for the Ondarea buyout, and Php 1.3 billion was a Term Loan for the Bionutra acquisition and debt refinancing.