What are peoples thoughts on Deloitte potentially selling their Restructuring business in the UK? Is this a target for other large firms or more likely a management buyout? Will other Big 4 firms follow suit?

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Think an MBO makes sense:
-as AP1 said, not many consultancies have the money
-it’s a people business, an MBO would keep the top guys
-low interest rates
-likely to be fairly stable CFs / ability to cut down costs if need be as they are mostly variable and not fixed

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More office space for me 😜

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We’re not planning on selling. My guess is that the strong partners will be cherry picked and middling/ones who are competent but successful due to Deloitte brand will be what is actually sold

Considering we are in middle of a pandemic that has crushed UK consultancies, who exactly has “hundreds of millions of pounds” to buy this asset right now?

Usually it’s good to buy a company to enter a market, may it be a geography or an industry. Don’t really see why AP/A&M/FTI would buy the whole department(even with money). To expend in their markets they usually have targeted hires.

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