Client: Private Equity Fund
Project category: Potential Investment Analysis
A private equity fund was investigating participation in an investment led by another fund. Post-acquisition the lead fund would merge those assets into its existing c-store company. b2b Solutions assigned three members of its c-store consulting team to work with the fund’s management.
Actions by Our C-Store Consultants Included
Reviewed investor presentation prepared by lead fund.
Analyzed the information it contained.
Reviewed and analyzed numerous other documents provided by target company and/or lead investor.
Benchmarked data provided against a variety of industry metrics.
Conducted a risk assessment and provided a detailed list of go forward issues/concerns.
Analyzed the combined company’s synergy assumptions.
Reviewed the proposed combined company’s organizational structure and personnel.
Conducted a review of existing compensation of the target company and provided compensation benchmarks.
b2b Solutions c-store consultant conducted on-site inspections of 52 of target company’s locations.
Benchmarked target company’s current facilities (exterior and interior), operations, customer communications, merchandising, and marketing against industry standards and best practices.
Participated in almost daily conference calls regarding elements of the project.
Submitted numerous ongoing written reports of our findings/analysis during the project.
Submitted analysis of proposed revenue and overhead labor synergies.
Developed fuel / merchandise correlation for all target company’s locations.
Provided an analysis of the merchandise and fuel revenue stream by operating unit.
Submitted EBITDA Analysis.
Met and worked with members of investment management team to discuss our findings.
Provided a final report summarizing our analysis including a limited number of photos showing examples what we found at the sites visited.