digital globe

Our Case Studies

A proven track record is the best way to demonstrate our strength and depth of expertise. Below are examples of our team’s recent appointments.

Aviation

Silverjet

Appointed as Administrators to Silverjet, the business class-only transatlantic airline, operating from London Luton to New York and Dubai. The company had yet to receive the proceeds of a significant drawdown request made under its loan facility and working capital reserves were low. A sale of the business as a whole was agreed, however, due to unusually complex negotiations between the purchaser and third parties, the sale was not able to complete. As a result of the collapsed sale, the workforce was made redundant, despite working hard to prevent this. Subsequently, all assets were sold for the benefit of the company’s creditors.

Aviation

Boeing Corporation and Atlas Air Holdings

Conducted an economic loss analysis in connection with a contract dispute between Boeing Corporation and Atlas Air Holdings, a U.S.-based air cargo and charter airline carrier. The contract dispute involved the conversion of multiple Boeing 747 jets from a passenger-configuration to a cargo-configuration.

Aviation

Top Tier 1 aerospace producer

Deal origination and advisory services for two large U.S. Private Equity firms to enable them to become the anchor shareholders of a Tier 1 subcontractor in the aerospace industry.

Zalis identified a company with good fundamentals that was over-indebted and loss-making and had a highly diluted shareholder structure. In order to secure the future of the company, Zalis approached some investors with this opportunity. Two funds showed a strong interest and jointly hired Zalis to conduct a confidential industrial and strategic survey before making their investment decision. Some of the root causes behind the company’s underperformance were identified and the turnaround potential analysed.

Zalis advised the funds throughout the whole process. In particular, advising the U.S. investors on their relationships with the French Authorities. The management turnaround plan was challenged, and organizational improvements and measures to prevent the loss of skills were suggested. Finally, through a Debt to Equity swap and New Money investment, the two funds became anchor investors.


Retail 2
Begbies Traynor Group
Date:
29/01/2025
Author:Begbies Traynor Group

Retailers eager to optimise operations ahead of labour cost spikes

UK retailers are bracing for the cascading impact of recent Budget measures as rising wage cost pressures and weakening consumer confidence threaten to erode profits, squeeze margins and risk both store closures and possible insolvencies.

Shutterstock2140042141
Begbies Traynor Group
Date:
23/01/2025
Author:Begbies Traynor Group

Historic jump in the number of UK firms in critical financial distress

Less than three months after the Budget, critical financial distress climbs by 50% to 46,853 businesses

Care Home 2
Begbies Traynor Group
Date:
22/01/2025
Author:Begbies Traynor Group

UK Care Homes: Nursing a bifurcated industry back to health

The UK’s for-profit care home sector is evolving into a sharply bifurcated industry. Legacy businesses are failing at an increasing rate, as exacting regulatory scrutiny and financial headwinds create a surge in involuntary closures and insolvencies.

Acquisition
Begbies Traynor Group
Date:
06/01/2025
Author:Begbies Traynor Group

SPA Disputes – If you are a party to an SPA, BTG Advisory can assist

Share Purchase Agreement (SPA) disputes do happen and those involving the following matters may be provided for in the agreed dispute resolution clauses: