Clanalytix is retained as a senior advisor by a leading global professional services business to provide specialist industry-specific advice on major restructuring and corporate transformation engagements.
In this engagement, the client was instructed by a major UK lender to prepare an independent business review of a significant mixed-use real estate portfolio in central London which included, among other asset classes, some existing hospitality businesses and a number of additional hospitality development projects. The review was required in the context of a major refinancing application and was made all the more complex by the rapidly evolving Covid-19 pandemic of 2020, which had already had a significant impact on the business’ cash flow.
Clanalytix worked seamlessly as part of the client’s multi-discipline in-house team, providing detailed technical input into the review of the operating and development properties; analysis of the management team’s own business forecasts; the preparation of independent financial projections under a number of different Covid-19 recovery scenarios; and significant contribution to the drafting of the report.
