Who this is for
- Family offices and private investors looking at a project or an acquisition in the Kingdom
- Shareholders and boards deciding whether to commit capital to an expansion
- Founders raising equity from investors who will want to see the numbers
- Partners in a joint venture agreeing what each side is putting in and getting out
What's different from a lender's study
A lender asks whether the project can repay. An investor asks whether it is worth doing at all, compared with everything else the money could do. So an investor study spends more time on:
- The size of the opportunity and how much of it the project can realistically take
- Unit economics: what one customer, one tonne or one room actually earns
- Scenarios, and the few assumptions that decide the outcome
- Returns to equity as well as project returns, under different financing structures
- Timing, staging and the points where you can stop or scale
- Exit or long-term value
Honest answers
Sometimes the right answer is not to go ahead, or to go ahead smaller. We'd rather tell you that at the study stage than have the market tell you later. Where a project does stack up, the same work becomes the base for a lender's study if you decide to bring in debt.
Questions we're asked
Can you review a business plan someone else has prepared?
Yes. An independent review of a sponsor's or founder's plan is one of the most common requests from investors. We test the assumptions and rebuild the model where needed.
Do you value companies?
We prepare investment cases and models for projects and expansions. Formal valuations for transactions or regulatory purposes should come from a licensed valuer, and we can work alongside one.
Is the work confidential?
Yes. We sign a non-disclosure agreement before we receive any confidential information.