£840m
Restructured a 9-entity group ahead of a cross-border sale.
Consolidated financing, resolved inter-company exposure, and cleared the group for a single completion. 2
Read the worked mandate →01 / Mandates
Every mandate, stated as its outcome.
No case studies dressed as stories. Each mandate is the figure it was worth and the decision it protected — with the basis on the record.
40
Mandates closed to completion since 2011, across 18 sectors. 1
02 / Selected mandates
Named where consented; figures always.
3.1×
Recapitalised a founder-owned business without diluting control.
Structured a hybrid facility that funded expansion and kept the cap table intact. 3
120days
Steered a contested board through a governance reset.
Independent review, a revised mandate for the board, and a settled succession — inside a quarter. 4
£310m
Repriced a competitive auction with buy-side diligence that held.
Found the exposure the data room understated and re-argued the price the board would pay. 5
6→1
Consolidated a fragmented holding structure into a single filer.
Six entities, three jurisdictions, one clean set of accounts — and a lower cost of capital to show for it. 6
03 / Mandate 01, worked
A 9-entity group, cleared for a single sale.
£840m
The group had grown by acquisition into nine legal entities across three jurisdictions, with financing and inter-company balances that no single set of accounts explained. A buyer had signalled interest; the board could not have said, on paper, what it was selling.
We mapped the entities to the exposure each carried, retired the inter-company positions that would have failed diligence, and sequenced a reorganisation that left one clean holding structure. The financing was consolidated into a single facility ahead of the process, so the sale ran to one completion instead of nine.
The outcome was an aggregate consideration of £840m at completion — and, as important, a board that could answer every question a buyer's counsel asked, from the record. 2
A worked mandate reads complete on the figures alone; the exhibit is optional.
Basis of figures
- 1Mandates closed to completion, 2011–2025; a mandate is counted once, at completion.
- 2Aggregate consideration at completion; disclosed with the client's consent.
- 3Facility size relative to prior committed debt; illustrative of structure, not a return to any party.
- 4Calendar days from engagement to a settled board resolution.
- 5Reduction in headline offer following buy-side diligence, agreed by both parties.
- 6Number of consolidated entities before and after the reorganisation.
04 / Next step
Your mandate won't look like these. It shouldn't.
Every one of these began as a decision a board couldn't get wrong. Bring us yours and we'll tell you how we'd argue it.