A large Family Office was in the process of acquiring a minority stake in a UK-based peer-to-peer (“P2P”) lending fintech. To finalize its investment assessment, the Family Office engaged Axxeltrova to perform a thorough Commercial & Financial due diligence covering, among other aspects:
- Market size and opportunities for P2P lending in the UK
- Prospects of the Real Estate market in London
- Analysis of target company’s historic and projected financial performance
The Axxeltrova team assisted the target company to populate the right documents in the deal data room and held various workshops with their management team. Axxeltrova deep dived into the company to try to identify any “red flags”, with special attention to how they structured the transactions, their own corporate structure and quality of earnings. The Family Office decided to go through with the transaction which closed in May 2018.