Turnaround & Recoveries
Turnaround Buyside Advisory
Acquiring a distressed asset is an exercise in seeing clearly what others cannot. We advise investors from sourcing and appraisal through to the post-acquisition business plan, filling the gaps in incomplete receiver information, validating the cost to complete and reviewing the restructuring exposure that comes with the deal. We price across scenarios rather than a single hopeful case, so bids are grounded in the downside as well as the upside. On opportunities across the £10–100m range, we help buyers move with conviction and with their eyes open.
What This Involves
Sourcing and Appraisal
We help investors source distressed opportunities and appraise them quickly, filtering the noise to focus on situations where real value can be created.
Gap-Filling Receiver Information
Distressed sales rarely come with complete information. We fill the gaps in receiver and vendor data so decisions rest on a genuine picture, not an optimistic one.
Cost-to-Complete Validation
For part-built or stalled assets we validate the cost to complete, stress-testing contractor estimates and programme assumptions before capital is committed.
Restructuring Exposure Review
We review the restructuring exposure that comes attached to the asset, identifying legacy liabilities and structural issues that could erode the return.
Scenario-Based Pricing
We price across a range of scenarios rather than a single base case, so bids are anchored to downside protection as well as upside potential.
Post-Acquisition Business Plan
We deliver the business plan that takes the asset forward from day one, giving the new owner a clear route from acquisition to stabilised value.
Part of our Turnaround & Recoveries practice, led by Charlotte Coates.
Acquiring a distressed asset?
We give buyers the clarity to bid well and the plan to deliver afterwards. Talk to us before you commit.
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