WEALTHOVER GROUP  
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Non Bank Financial Services
Corporate Doctors to small and midsize companies
 
214 Reorganisations
10 Private Pl's
9 IPOs 18 Mergers
67 Acquisitions
14 Employee Buyouts
381 Clients
1 billion $s raised
2 Liquidations
 ...Since 1966
Example of wealthover client services. Here is a brief account of our work with one client - one among 381. Our involvement in this case was at times as a partner at times as a consultant. Our service to this client lasted for more than three decades. This has been a more intimate relationship than we have with most corporate clients and lasted longer; but is by no means unique.
William P. Lear, Sr.
.[Co founder Motorola, founder Lear-Siegler, LearJet]
Our founder first worked with Bill in Geneva when he was designing the Lear 23 based on the Swiss fighter the P-16. We advised Lear to build in Switzerland but he opted for Wichita. Note: Currency amounts are translated into today's value. Within 4 years the Lear 23 had become the world's number 1 executive jet.
Then a sudden drop in sales exposed Lears endemic shortage of operating capital. Bill employed wealthover to solve this. We did a private placement through Van Alstyne Noel for 120 million dollars in 9% convertible (preferred) debentures.But Bill's genious as a visionary, inventor, engineer, designer and		 project director did not extend to CEO skills. He decided to use the capital we had raised not for current operations but to purchase a several year supply of GE engines at half price.- just before Cliff Garrett introduced his game changing long range engine. LearJet was back on its knees. We sold the Brantly helicopter division, moved production of the Lear 8-Track Stereo to Haiti (where wealthover were the principal economic advisers). But after the GE fiasco we could not generate new investment. We shepherded the sale of Bill's majority interest in LearJet to Gates Rubber (no synergy but what pilot-industrialist would not like to own LearJet - it moved on to Bombardier, Canada's leading aircraft maker).

Bill took 800 million with him into his second retirement, this one in California. Within two years his devoted wife, Moya, asked us to help Bill mount a new project, "he is losing the will to live with no challenges, nothing to conquer". So we got involved with Bill's development of the world's first production passenger plane built entirely of composits. We helped find sovereign sponsor from the Gulf & UK. Bill died before the LearFan went into production. Some of his heirs tried to block the project. Our services to Bill Lear and his estate ended with Moya's death in December 2001