Financial Services Lead Advisory

The Financial Services Lead Advisory team combines deep industry knowledge and transaction experience to advise on all aspects of corporate finance M&A and, through the Portfolio Advisory Group, credit related transactions. The team leverages more than 6,000 PwC people in the U.K. and 60,000 PwC people globally who work day in day out with financial services clients.

Our coverage model extends right across the global financial services landscape including banking and alternative lending, asset and wealth management, trust and fiduciary services, insurance, fintech, and all other businesses within the financial services ecosystem.

Embedded in our approach is the use of the latest technological solutions covering, for example, advanced data analytics and visualisation tools, interactive information memoranda, real time process management and meeting scheduling tools. All of these tools are focused on improving the efficiency of how we work collaboratively with you and ensuring we deliver to you the best possible outcome.

On the sell side

We have a global investor reach with deep and trusted senior relationships at financial services corporates, private equity funds, credit funds, fintech VCs, special opportunity funds and sovereign wealth funds. The team has separate desks covering investors from emerging markets, Asia-Pacific, sovereign wealth and institutional investor groups.

On the buy side

We work with our clients throughout the entire M&A lifecycle from developing inorganic growth plans and identifying targets to transaction execution and post completion implementation of value creation plans. We ensure no value is left on the table by drawing together specialist support from across our Deals practice.

Corporate M&A

Sell side

Advice on preparing the business for sale to meet your sale objectives
Vendor sales packs and vendor due diligence via our dedicated due diligence teams
Sales strategy, pricing and the identification and access to different buyer groups
Preparation of key marketing material such as the Information Memorandum
Full process management and advice from inception of the deal through to completion
Deal structuring and negotiation

Buy side

The development of M&A strategies and value creation plans
Acquisition search and approaches to potential vendors
Full process management, advice and negotiation from inception of the deal through to completion
Tax, due diligence and regulatory advice via our dedicated teams
Acquisition financing

Performing and non-performing loan portfolio transactions

The Portfolio Advisory Group advises on all aspects of credit related transactions:

Sell side

Balance sheet review to identify value creation opportunities either through the sale of portfolios or alternative financing models
Pricing and portfolio performance analytics
Review of data quality and assistance in the preparation of data in contemplation of a sale
Vendor sales packs and data tapes that meet investor and rating agency requirements
Identification of interested buyer group based on our wide investor relationships
Deal structuring and negotiation
Full process management and advice from inception of the deal through to completion

Buy side

Acquisition search
Portfolio analytics and credit due diligence
Pricing analysis including asset collection strategies, recovery options and asset valuation
Acquisition financing
Deal structuring and negotiation
Tax and regulatory advice via our dedicated teams
Transitional service agreements and portfolio onboarding
Ongoing advice concerning servicing of the portfolio and collection strategies

Balance sheet optimisation: Financing and funding

We advise on credit and capital and capital strategies available to you to allow you to maximise the return on capital employed. We will work with you to implement your chosen strategies which may include:

Equity and debt capital raising including Tier 2 capital
Capital relief and significant risk transfers
Forward flow funding arrangements
Disposal of non-core portfolios/assets

Management team advisory

We provide independent support and advice to management teams on management equity incentives in all sizes of private equity, sovereign wealth fund or infrastructure fund backed transactions.

Alongside tax and other relevant colleagues we work with management teams to understand their objectives and priorities as well as explaining market norms, structuring alternatives and the key value drivers of an incentive package.

In our experience, negotiating and sculpting an incentive package that is within market norms enhances deal deliverability and allows for a timely and efficient transaction process whilst also achieving the best result for the team and their financial sponsor.