Franklyn Ofonagoro is a Director in Quantuma LLP’s North West team, delivering lead advisory and business restructuring mandates for SMEs.
He has over 20 years’ experience undertaking Financial and Operational restructuring advisory mandates for lenders, distressed / special situation funds, SMEs and FTSE 100s. Frank also has extensive financial due diligence experience and has previously led a market leading team of corporate simplification experts in the North West.
Some recent examples of Frank's client/case work include the overseeing of the accelerated pre-pack planning and sale of the business and assets of a long-standing Manchester based Engineering, Construction and Procurement company, to its Indian parent, resulting in the preservation of c.100 jobs. He led the independent business review of a global environmental services provider to the coal powered fire power station market. This engagement arose from an instruction by the client’s lender to review its business following a bridging finance request, prior to the successful sale of the group.
He was part of a senior team that led the pre-pack administration rescue of a well- known London City law firm which resulted in the preservation of c.80 jobs. Frank’s role consisted of supporting the SPA discussions and negotiations as well as overseeing the administration appointment formalities. He led the trading administration of the Hartlepool trading division of a large Steel manufacturing Group, following its insolvency. Frank’s role involved overseeing the onsite administration trading and subsequent wind down of the business.
Frank also led the preparation of a managed orderly wind down plan of a sizeable regional supplier to the supermarket sector on behalf of its shareholders as part of their exit planning.
Outside work Frank is a dedicated family man who enjoys supporting his wife and two sons in their various pursuits. He is an avid supporter of all things Liverpool FC related, and also takes his daily fitness regime very seriously.
This is the final article in our three-part series in which we discuss the key focuses critical for business owners to effectively manage in order to be able to navigate the return of economic activity successfully.
As we enter into the last couple of weeks of 2019 Quantuma advisory Director, Frank Ofonagoro shares his prediction of who the business winners and losers will be in 2020.
As 2020 begins in earnest, the lively debate about the merits or otherwise of the Company Voluntary Arrangement (“CVA”) process shows no sign of abating any time soon.
This is the second in our three-part series of articles in which we discuss the key focuses critical for business owners to manage effectively in order to be able to navigate the return of economic activity successfully.
A business review is an essential management exercise which businesses, regardless of size would significantly benefit from conducting more frequently