Technology, Media and Telecommunications TMT

Technology, Media and Telecommunications TMT

Change driven by the global Technology, Media and Telecommunications (“TMT”) sector is a key influence on our social, political and economic lives. Although new concepts are created on a daily basis across the globe, for every ideas which turn out to the next big thing there are hundreds more that aren’t quite the finished article and many more that prove to be an abject failure. And with billions of pounds of risk capital being deployed each year in TMT by investors who embrace the mantra “Fail fast, fail often”, it is a sector where restructuring and insolvency solutions are often required.

TMT: Invariably companies in this sector require considerable funding (usually in the millions) and a regular feature in the early years are losses. Within that period, management may come up against a number of challenges:

  • Cash flow challenges and refusal of stakeholders to inject further funding
  • Lack of clarity on the ownership of IPR
  • Shareholder disputes
  • Failure of proof of concept

The TMT team at Quantuma collaborate with a number of complimentary TMT specialists across various disciplines, including accounting, legal, private equity and corporate finance, to identify challenges at an early stage and recommend ambitious strategies to help mitigate the associated risks.  The depth and quality of our knowledge comes not only from regularly interacting with businesses in the sector but also working on both restructuring and insolvency assignments involving businesses of all shapes and sizes, ranging from small start-ups to public companies.