Evaluate the business against the market environment and business drivers
Identify the strategic positioning and value proposition of the company’s technologies and proprietary workflows, inclusive of competitive review
Westwood’s Approach & Analysis
Proprietary drilling and production data, powered by Sectors data analytics
Bespoke market model for each of READ’s service lines. Model outputs were presented in spend terms, and used to test the company’s financial forecasts
Comprehensive landscaping exercise served to position READ’s services by geography, as well as identify the company’s core value proposition
Business plan assessment, including; revenue analysis by service line and customer, financial projection review, assessment of client ‘stickiness’ and regional pull-through, and revenue and market risk profiling
Customer analysis to understand and interpret purchasing behaviours and KPIs
The Outcome & Benefit
Westwood have a deep understanding of the transaction process, with extensive experience in producing diligence reports to time-critical deadlines
The depth and granularity of Westwood data served to inform and drive the company’s business plan and financial model, allowing for a defendable financial case to be put forward to prospective investors
Experience in aligning commercial knowledge with the financial diligence process ensures cohesion amongst the varied consultancy outputs
The diligence report outlined growth opportunities outside of the company’s core North Sea market, inclusive of implementation strategy
The Company’s value proposition was well presented and articulated against the backdrop of a low oil price environment, where production optimisation is of paramount importance
