The TTC team quickly got to grips with the Macs Adventure financials. We enhanced the company’s financial model to more clearly illustrate the likely cash flow funding requirements, taking into account the impact of the pandemic and the company’s refund obligations, and the likely ABTA licensing conditions.
Meanwhile, drawing on our years of experience helping travel clients secure investment, we used a range of typical travel business valuation methods to help Neil value his business.
Using these tools, we were then able to identify and appraise several credible alternative funding sources to compare with the private equity offers on the table.