Delivering shareholder value via a dual-track transaction process

The challenge

Two large US-based PE firms sought to IPO a UK-based Credit Management Group.

We were selected to work alongside Lazard Financial Advisors, Goldman Sachs and Numis Securities to support the client and its management team through the complex and protracted process of floatation, by acting as a bridge between the banks, the advisors and the business.

Late in the IPO process, shareholders expressed a desire to assess viable trade sale buyers. As a result a dual-track programme was mobilised, and our team was responsible for supporting and readying the business for either outcome.


We provided the capabilities, experience and understanding vital to successfully execute against the plan. Our team worked to establish the true critical path and ensured the business and external parties were ready and available to meet the demands of such a programme.

Provision of data rooms, detailed governance – with a light touch where necessary – and a defined ‘product-based’ set of deliverables were captured, along with key internal and external dependencies and a robust timeline.

Our team made sure that the right conversations happened at the right time, and leveraged the governance and controls they’d designed to ensure the appropriate mitigation of risk throughout.

Our team provided capabilities, experience, and understanding vital to the execution.




invested in over £26.5bn of loan portfolios (as of Dec, 18)

8 million

customer accounts under management

1450+ employees

currently in the team
outcome satisfaction

Trade sale conclusion

ensured both shareholders were satisfied with the outcome.

Management team in control

of the business, due to our support
award winning

Employee Engagement Strategy of the Year Award 2019

Employee Engagement Strategy of the Year Award 2019 won at the Institute of Customer Service UK Satisfaction Awards