Client Background
LBC Express is the Philippines’ leading provider of Express Courier, Cargo, and Money Remittance services.
With a network of over 6,400 locations, partners, and agents, LBC operates in 30+ countries, including the USA, Canada, Hong Kong, Australia, Brunei, Malaysia, and Singapore.
OBJECTIVE
- Market Assessment: Conduct market sizing and segmentation analysis of the Courier, Express, and Parcel (CEP) segment in the Philippines, including the impact of COVID-19 on demand patterns.
- Competitive Analysis: Evaluate competitor positioning to identify strategic gaps and areas for growth.
- IPO Preparation: Support the creation of a detailed Draft Red Herring Prospectus (DRHP) to facilitate LBC’s public listing journey.
KEY INITIATIVES
- Conducted a deep-dive market analysis focusing on CEP market dynamics, segment-level trends, and COVID-19 disruptions.
- Performed a competitive benchmarking of key players—analyzing business models, KPIs, product strategies, and pricing frameworks.
- Delivered investor-ready documentation covering company profile, risk disclosures, financials, governance, and long-term strategic roadmap.
RESULTS
- Enabled LBC to gain clarity on current opportunities and long-term market potential across segments.
- Facilitated a successful IPO filing on the Philippine Stock Exchange, backed by strategic DRHP support.
- Achieved a valuation of ₱1.52 billion, reflecting investor confidence built on robust market intelligence.
Client Testimonial
“The comprehensive market analysis and strategic support provided by the team were crucial in navigating the complexities of the IPO process. Their expertise in understanding market dynamics and competitive positioning has been invaluable.”
— Director, LBC Express