Case Study | Distressed M&A

Independent evaluation enabling completion of a distressed business sale

A connected-party transaction required independent validation to proceed — without it, the deal would not complete.

The situation

A UK business had entered administration and required a sale to preserve value and continuity.

The preferred buyer was a connected party — creating regulatory complexity and requiring an Independent Evaluator’s Report before the transaction could proceed.

Without a credible, independent assessment, the deal risked delay or collapse.

60+

Jobs protected

Through successful completion of the transaction.

The challenge

Sale involved a connected party
Regulatory scrutiny under insolvency rules
Competing offers with different stakeholder outcomes
Need for rapid but robust evaluation
Risk of value destruction if delayed

This was not just a report. The evaluation needed to stand up to scrutiny and allow the transaction to proceed.

What Branta did

Independently assessed the proposed transaction
Reviewed alternative bids and outcomes
Evaluated impact on creditors, employees and stakeholders
Provided clear, defensible conclusion
Supported administrators through the process

Commercial judgement, not box-ticking

The role required more than technical compliance. It required a balanced view of value, risk and real-world outcomes.

The outcome

Transaction completed successfully
Business operations preserved
Jobs safeguarded
Creditor outcome maximised vs alternatives
Regulatory requirements fully satisfied

The conclusion provided the confidence needed for the transaction to proceed in a compliant and commercially sound way.

If a deal is complex, regulated, or at risk, it’s worth speaking early

Independent, commercially grounded advice can make the difference between completion and collapse.

Book a call Back to case studies