2020 annual review
Fast full valuation supports swift business sale A national homeware retailer was experiencing challenging trading due to store closures and a downturn in consumer confidence as a consequence of COVID-19. The management team had explored refinancing and ownership options, and the best route available to the company following a marketing process involved a pre-packaged sale from administration.
The valuation report, produced to a tight timeframe and during a very uncertain period, supported the successful sale of the business. Matthew Flower Corporate Finance
Outcome
FRP was asked to provide an independent valuation which the company, its advisers and lenders could use to assess the offers received for the business. Our team was able to engage quickly and produce an enterprise valuation report to a tight deadline, despite the challenges of valuing a historically loss-making business in a very uncertain market. The report was then used to support the successful pre-packaged sale of the business.
Strategic advisory and valuations
frpadvisory.com
frpadvisory.com
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