Situation
Our client was seeking funding from their sponsor for maintenance and capex on its fleet of vehicles but were struggling with the operational data to demonstrate the requirement and the associated impact on vehicle utilisation.
Swan Actions
- Working closely with management to determine the site by site data availability and individual formats
- Consolidated site specific information
- Determined lead times to upgrade or acquire new fleet vehicles
- Created a simple one touch extraction process to pull the data from multiple sites in different formats
- Developed a consolidation tool for all sites which also forecast future funding needs.
Outcome
The new tool facilitated the provision of ongoing capex funding for the fleet and importantly helped identify the best returns on either capex or management spend.
Client Testimonials
Swan Partners are fast workers, down to earth and sensibly priced. I have not met people in 25 years of doing transactions who do it better.
– CEO, FTSE250 Insurance Company
The team’s support was invaluable throughout the acquisition process and I would recommend to anyone to use them in the future.
– CEO, FTSE250 Oil & Gas Company
