South Africa


  • Service: Advisory, Transactions & Restructuring
  • Industry: Private Equity
  • Type: Business and industry issue
  • Date: 2010/02/08

Sponsor-Initiated IBR 

A Sponsor-Initiated independent business review ("IBR") is an unbiased analysis of the business, commissioned by the equity sponsor to achieve an optimal negotiated outcome with stakeholders.
Download Now
PDF files require Adobe Reader to view

Sponsor-Initiated IBR provides equity sponsors:


  • Additional time to prepare for lender negotiations
  • Better control of the negotiation process
  • The ability to communicate key upsides and downsides on own terms
  • The flexibility in using advisors who understand the asset’s business
  • Freedom to allow management to maximise time on operational issues vs lender demands