Corporate Restructuring and Debt Advisory
Guidance for management teams to optimize business outcomes.
Corporate Restructuring and Debt AdvisoryThe Company specialised in providing off-site airport car parking services at several UK airports. Duff & Phelps was engaged to provide options analysis, achieving a sale of the business and assets and orderly wind-down at non-profitable sites.
Duff & Phelps Completed the Administration of a Major Provider of Off-Site Airport Car Parking Services
Duff & Phelps is pleased to announce that it has successfully completed the Administration of a major provider of off-site airport car parking services in the UK.
About the Company
The Company was a recognised brand of off-site airport car-parking services which operated from several UK airports with c.220 staff and annual turnover of c.£12m.
Transaction Role
Prior to the appointment of Administrators, Duff & Phelps assisted the Company with options analysis and with proactive discussions with key stakeholders. Duff & Phelps’ role resulted in continued operations and the successful sale of business and assets at the sole profitable site, saving c.150 jobs and maximising asset realisations. Duff & Phelps also completed a swift and orderly wind-down at non-profitable sites.
Related Services
Related Case Studies
UK Restructuring
Duff & Phelps Completes Sale of Fruit and Vegetable Distributor Solstice
Following an accelerated M&A process, Duff & Phelps sold the business and assets to Reynolds Catering Supplies Limited in a transaction which preserved the jobs of all 62 staff.
UK Restructuring
Duff & Phelps Completes Sale of Feather & Black From Administration
As Administrator, Duff & Phelps sold majority of the business and assets to Hilding Anders Holdings Limited, saving the jobs of over 100 employees.
Duff & Phelps Completes Sale of Petlon Polymers from Administration
The company experienced working capital difficulties prior to Administration. Duff & Phelps was appointed Administrator and successfully led the sale to Visionscape Group, preserving the jobs of all staff.
Restructuring
Duff & Phelps Advised the Senior Secured Lender of an Automotive Parts Manufacturer Undertaking a Financial Restructuring
Automotive Parts Manufacturer is undertaking a financial restructuring
Restructuring
Duff & Phelps Acted as Court Appointed Receiver for Cambridge Ice Park
Duff & Phelps, as Receiver, has completed going-concern sale transactions
Restructuring
Duff & Phelps Acted as Joint Administrators to CPP Manufacturing Limited
CPP Manufacturing Limited has completed a sale of its assets to Envisage Group Ltd.
Restructuring
Duff & Phelps Served as Court Appointed Receiver to NewTek
NewTek is subject to receivership proceedings
Restructuring
Duff & Phelps, as Receiver, has Completed Going-Concern Sale Transactions
Duff & Phelps, as Receiver, has completed going-concern sale transactions
Insights
Report
Valuation Insights, First Quarter 2019
Report
2018 U.S. Goodwill Impairment Study
Report
U.S. Equity Risk Premium Recommendation
Publication
Brazil Transaction Insights – Q1 2019
by Alexandre Pierantoni
Publication
Canadian M&A Insights – Winter 2019
by Howard Johnson
Publication
Capital Markets Insights – Late Fall 2018
by Robert A. Bartell, CFA
News
Events
Adam Warren to Speak on a Financial Services & Securities Litigation Panel
October 17, 2017 Chicago
Duff & Phelps to Sponsor the ABA/IPT Advanced Income, Sales/Use and Property Tax Seminars
March 30, 2017 New Orleans,