This was a complex and sensitive scenario, and with emotions running high, the ability to stabilize the position and secure stakeholder support while assessing the options was vital.  Having clearer visibility of the challenges faced, and being realistic about viable options, enabled a finely balanced situation to be carefully managed, with full stakeholder engagement throughout.

Many thanks to Jo Wright at De Novo for her valuable work with us on the merger of two colleges. Jo brought a different insight and clarity to the analysis, aiding understanding of liquidity and debt serviceability post-merger. De Novo’s work was key in supporting our conversations with the Bank and the Transaction Unit, and she was

The support the College received from De Novo Advisory in being guided through the Transaction Unit and Restructuring Facility process was invaluable, and undoubtedly contributed significantly to the final successful outcome. Jo Wright led the process and quickly gained the trust of College managers and the Governing Body, whilst rapidly assessing and understanding the College’s