Promethion has advised corporate and financial institution clients on issues of debt and equity; management of their debt facilities; and disposals and acquisitions. It has extensive experience in due diligence. Recent deals include:
Advised on the establishment of a credit union for members of the UK logistics industry including subordinated debt, UK government grant funding, endowments and private sector equity capital.
Advised a UK hotel management company on acquiring a UK hotel group held by an Irish administrator.
Advised a consortium of high net worth real estate investors on the acquisition of a portfolio of distressed hotels in Ireland from a major European bank.
Advised on the acquisition by a private company of a minority stake in a competitor from a major UK institution.
Advised on the sale of two subsidiaries by an Irish company with associated tax advantages for the acquirer.
Evaluated the acquisition of a Spanish company from the appointed administrator by a UK company.
Conducted a market search in Europe and the US on behalf of a client looking to acquire a CLO manager; undertook the commercial due diligence associated with the acquisition, including a review of all contracts, documentation, operational and credit processes, modelling the cash flows, valuing the manager and advising the client on strategy throughout the process.
Conducted the commercial due diligence of a European asset manager on behalf of a client including the operations, processes, financial analysis of the entity's cash flows and valuation of the target.