Independent M&A and strategic advice for founders, boards and investors — sell-side and buy-side, backed by diligence-grade numbers. Senior-led from first conversation to completion.
Mid-market deals carry large-cap complexity on a smaller budget. Earnings are less audited, management is stretched, and value is won or lost in the numbers, the process and the SPA. We advise on all three.
One-off income, provision releases and unusual periods that flatter reported EBITDA.
Deferred revenue, unpaid bonuses, tax exposures and leases that should come off the price.
Seasonality, stretched creditors and a peg set in the wrong month.
Revenue resting on a handful of contracts, renewals or relationships.
Profit that doesn’t turn into cash, and the reasons why.
Run-rate and pipeline assumptions tested against actual delivery.
Every diligence engagement starts with an early red-flag report. Buying, issues reach the negotiating table while they can still move price. Selling, they are fixed before a buyer finds them.
The people who scope your deal do the work. No hand-offs to junior teams once the engagement letter is signed.
No audit relationships and no conflicting mandates. On any deal we act for one side only — yours.
Advice framed as price, structure and risk — the terms a deal is negotiated in — and backed by diligence-grade numbers.
Acquisitions, bolt-ons and exits for funds and their portfolio companies, with numbers that stand up at investment committee.
Acquisitions, divestments, carve-outs and strategic reviews for listed and private groups.
Sale processes run end to end — readiness, vendor diligence, buyer selection, negotiation and completion.
Independent diligence to support acquisition finance and refinancing decisions.
A first conversation to understand your objectives, the timetable and the risks that matter most.
A clear proposal setting out scope, team, timing and fees — fixed or success-based, depending on the mandate.
Valuation and diligence findings shared early, so issues reach the negotiating table while they can still move price.
Senior support through negotiation, the SPA and completion — on whichever side of the table you sit.
Talk to a partner about scope, timing and fees. We’ll always tell you the truth about what we see — no games and no surprises.