Financial due diligence to support new equity injection

BTG Advisory supported a UK based private equity firm in their acquisition of its 42% shareholding in a company, a historic producer of school wear garments and sportswear for children. The business has been supplying uniforms for over 150 years and trades globally.

Our transaction services team provided financial due diligence to support £2.5m of new equity introduced by the private equity firm into the business. As part of this transaction, the business secured a £18.5m refinancing facility.

BTG Advisory worked alongside the management team as they looked to accelerate their international growth plans of the business, following the wider refinancing. 

We supported the private equity firm in understanding the target business, identifying critical success factors and provided visibility on the relevant strengths and potential issues arising from a transaction, so that an informed decision could be made. Our team provided a comprehensive insight in to reviewing corporate strategy, growth plans, diagnostics of historic and projected performance.