OCS / Mitie — £3.1bn acquisition
Analysed verified offer mechanics and operating reference points, then tested explicitly illustrative financing and phased synergy cases without presenting unsupported sponsor returns.
Three independent projects demonstrating formula-driven financial modelling, transaction analysis, restructuring and evidence-led judgement.
Analysed verified offer mechanics and operating reference points, then tested explicitly illustrative financing and phased synergy cases without presenting unsupported sponsor returns.
Reconstructed the proposal using reported RCV, separated new day-one debt from reinstated Class A debt, and modelled debt-capacity and creditor economic-recovery sensitivities.
Built a five-year segment-led FCFF DCF with FY26 consolidated source data, reconciled forecasts, an explicit valuation bridge and WACC/terminal-growth sensitivity.
Context: These are independent portfolio research projects completed for educational purposes. Sourced facts are separated from modelling assumptions; scenario outputs do not constitute investment advice.