Our client, a French multi-specialised leader in media, hotels and premium food products, sought to acquire a network of high-end bakeries in Paris.
Key Takeaway
Our work allowed our client to better understand key risk areas surrounding its potential investment. The business model relies on heavy investments related to the opening of new bakeries. We therefore focused particularly on the computation of a run-rate EBITDA used as the basis to value the network of bakeries.
Accuracy Role
During our two-week engagement, we performed a red-flag buy-side due diligence primarily focusing on profitability by bakery, background checks on the main shareholder and sentiment analysis to assess the image of the bakery network on social media.