TORONTO, May 24, 2012 /CNW/ - Dr. Anthony Melman and Belinda Stronach
today announced that they have formed a partnership and established Acasta Capital Inc, a company that will harness the expertise and global reach of two of
Canada's most prominent business leaders.
Acasta Capital serves as an advisor to CEOs, senior executives and boards of directors
seeking to enhance their organization's strategic opportunities,
financial strategies and competitive distinction in an increasingly
complex and globalized environment. Acasta combines a wealth of experience in facilitating and delivering
value-transforming strategic and operational initiatives. Additionally,
with extensive political and public policy experience, Acasta is able to provide its clients with the integrated assistance required
to navigate both industry and government to achieve their objectives.
"For most of my career, I have worked with CEOs of companies to achieve
market leadership and to create exceptional value through strategic
initiatives. My experience and focus on value-based transformative
change through mergers and acquisitions, corporate reorganizations,
financial optimization and risk management, forms the foundation of
what we are bringing to our clients," said Tony Melman.
"I look forward to working closely with Tony and the highly experienced
and strong team of people we have attracted from other leading
organizations. By offering a full and integrated suite of services on
both the capital and strategy sides, we are working directly with CEOs
and the senior leadership of companies on any challenge they may face
and are in a position to deliver substantial value," stated Belinda
Throughout Tony's career in banking and private equity, he has created
billions of dollars of value for investors and partners. Before
spending 22 years at the core of Onex Corporation, he had been Senior
Vice-President of the Canadian Imperial Bank of Commerce in charge of
worldwide merchant banking, project financing, acquisitions and other
specialized financing activities. Tony focuses on the strategic
transformation of businesses to achieve increased growth and
competitive positioning with financially strong sustainability. His
experience in building and transforming a wide variety of companies
spans multiple industries and geographies.
Tony is currently Chairman and CEO of Nevele Partners Inc. He is a
director of some of Canada's most distinguished companies: Canadian
Pacific Railway Limited and the Ontario Lottery and Gaming Corporation
(OLG), where he is chair of the Board Budget and Finance Committee. He
has also served on boards of notable public and private companies and
also not-for-profit organizations. He was most recently Chair of
Baycrest (the global leader in developing and providing innovations in
aging and brain health), where he now continues as a director.
Belinda Stronach has forged a unique position at the intersection of the
private sector and public service, enabling her to bring to bear the
invaluable experience, knowledge and relationships from both worlds.
She is highly experienced in business as well as negotiating and
working with governments to advance projects and policies in the public
Belinda is currently Co-Chairman and President of The Stronach Group, a
privately-held multi- billion dollar consortium that owns, operates and
manages a number of leading businesses in a wide range of industries as
well as premier development properties and real estate assets in North
America and Europe. She has been Executive Vice-Chairman as well as
President and CEO of Magna International Inc. Belinda served in public
office as a twice-elected Member of Parliament and Canadian Minister of
Human Resource and Skills Development at the Cabinet table.
SOURCE Acasta Capital Inc.
For further information:
Mark Entwistle at email@example.com