Private equity-owned firm

€175m – Technical business services

Areas of operation:

A private equity-owned company with operations in the UK, Holland and Sweden had an opportunity to refinance €215 million of senior debt and PIK notes. The debt markets were tightening rapidly and time was of the essence. BM&T Principals worked with management to quickly organise a data room for the reporting accountants and handled all day to day enquires throughout due diligence. Late in this accelerated process the company’s lawyers advised that a Financial Assistance Whitewash was required. The reporting accountants estimated it would take three weeks minimum. BM&T Principals gathered all the necessary data, created a fully integrated financial model and the reporting accountants were able to sign off in five days.

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