Business case
Our client, a leading French player in the nursery sector, was seeking support in the preparation of its business plan in order to secure its debt refinancing.
The project evolved from a strategic and financial due diligence exercise into debt renegotiation and, ultimately, a comprehensive restructuring.
We supported the management team by providing both market and financial due diligence on the target and its key geographies. The market review focused on (i) market positioning, (ii) an assessment of key regulations and market dynamics and (iii) a competitive landscape analysis. For the financial due diligence, the team concentrated on (i) the company’s financial performance across all geographies, (ii) quality of earnings and (iii) balance sheet analyses. During this phase, multiple issues emerged, ultimately triggering a major restructuring process.