Case Studies

Selected engagements with UK startups and investors.

Recent startup consulting work across financial modelling, valuation, market entry, due diligence and buy-side origination — delivered for UK fintech founders, private equity sponsors and acquisitive operators.

  • Free 30-minute discovery call
  • Fixed-fee proposal in 48 hours
  • Partner on every engagement
  • NDA-protected from day one

Our Credentials

£5bn+
capital plus advised
14+
industries served globally
99%
client satisfaction
100+
years cumulative experience of team

Fintech · Regulatory

Financial modelling & valuation for FCA business plan submission

Client: UK Fintech

Challenge

A UK fintech preparing its FCA authorisation needed a defensible five-year financial model and valuation to support its regulatory business plan and capital adequacy assessment.

Approach

  • Built a fully integrated three-statement model with driver-based revenue build, unit economics and cohort assumptions.
  • Stress-tested liquidity, ICARA and wind-down scenarios in line with FCA expectations.
  • Delivered DCF, comparable company and precedent transaction valuations with sensitivities.

Impact

  • Financial model successfully submitted as part of the regulatory authorisation pack.
  • Capital requirement optimised through refined cost phasing.
  • Investor-ready valuation used in a subsequent funding round.

Fintech · Market Entry

Market sizing & financial modelling for UAE market entry

Client: UK Fintech

Challenge

A UK fintech evaluating expansion into the UAE needed a credible TAM/SAM/SOM view and an entry-mode financial model to support board approval.

Approach

  • Primary and secondary research across UAE payments, SME lending and consumer fintech segments.
  • Built market sizing model triangulating top-down regulator data with bottom-up customer economics.
  • Modelled three entry routes — DIFC subsidiary, ADGM passport and partnership — with capex, opex and licensing implications.

Impact

  • Board approved a phased market entry strategy.
  • Avoidable setup cost identified and eliminated from the chosen entry route.
  • Financial case supported subsequent partnership discussions in-region.

Healthcare · Private Equity

Commercial due diligence & feasibility for healthcare equipment manufacturing

Client: UK Private Equity

Challenge

A UK private equity sponsor evaluating a greenfield healthcare equipment manufacturing investment required commercial due diligence and a feasibility view ahead of IC.

Approach

  • Mapped the UK and EU competitive landscape, regulatory pathway and procurement dynamics across NHS trusts and private operators.
  • Built a feasibility model covering capex phasing, unit economics, working capital and IRR sensitivities.
  • Tested management projections against benchmark margins and lead times from comparable operators.

Impact

  • Due diligence and feasibility approved by the Investment Committee.
  • Investment thesis sharpened around the highest-conviction product lines.
  • Revised offer aligned to a defensible, risk-adjusted base case.

M&A · Buy-side Origination

Target origination for a UK aggregator of global service businesses

Client: UK-based Aggregator

Challenge

A UK aggregator of recurring-revenue service businesses needed a proactive origination engine to source proprietary deals across multiple geographies.

Approach

  • Defined investment criteria, scoring framework and geographic priority list.
  • Built a long list of 600+ potential targets across the UK, North America and APAC.
  • Ran qualification, outreach and founder conversations to convert long list into a curated pipeline.

Impact

  • Qualified targets advanced into management meetings within the first programme cycle.
  • Multiple LOIs signed and acquisitions completed off the curated pipeline.
  • Repeatable origination engine handed over to the in-house corporate development team.

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