Hypothesis development
Preliminary views on the market and the target’s competitive position, to identify the few things worth testing properly in the time available.
Line 02 / Transaction services
We work to the sponsor’s clock, test the growth case against evidence rather than management ambition, and stay on past close so the value in the model arrives.
The register
Proprietary methods at each stage, a sector specialist alongside, and teams small enough to turn work around inside the timetable.
Commercial due diligence
A rigorous approach designed to yield rapid insight against the thesis you need validated, not a standard scope applied to every deal.
Preliminary views on the market and the target’s competitive position, to identify the few things worth testing properly in the time available.
A bespoke program of modules built with the fund: market research primary and secondary, market sizing, customer analysis, assessment of the business, financial modelling.
A report that states the findings and what they mean for the thesis, and holds up in discussions with lenders on structure and financing.
After close
Clients typically see a 40–100x return on our fees on execution and performance improvement work.
Strategy tools, templates and a PMO methodology that have been through enough deals to be worth reusing.
The approach is collaborative, which is what produces agreement between acquirer and management rather than a plan handed down.
Benefits prioritised and tracked through to the point they show in the accounts, not the point they are approved.
Years of implementation work behind the recommendations, so they can be executed inside a short window rather than admired.
Starting a conversation
Most engagements begin with a short conversation with a principal about the thesis you are testing and the evidence that would settle it.