Skip to content
Philippe pic
Eric Teng New Headshot
Tim Burt
Jeff Sindone
Stephan Merkens
Melissa Mackreath
Weinberger, Mark headshot
Portrait of Rosie Steele
Monika Dricoll
Ursula Burns PIC
Dan Butters
Courtney Adante
Kelly Boxall
Juliet Kayyem
Portrait of Kevin Kajiwara
Portrait of William J. Bratton
Kristen Hostetter
Galaxy Chan
Portrait of Bethany Sherman
PDR Head Shot Hi Res
Van Jones
Betsy Cohen_1443
Diane McIntyre Headshot
Michael Madden Headshot
Portrait of Andrea Calise
Harrison Goldin
Dan Butters
Sally Osman New
Portrait of James Crossland
Alex Pigliucci New
Sarah M Syed
© 2019 | Kristina Sherk Photography |
Pat Russo
Kathy Deveny
Portrait of Michael O'Keeffe
Portrait of Robert Mead
Paul Haenle
Portrait of Paul Keary
Deborah Nash
Maie Ahmed
Chris Wearing
Portrait of Katherine Kim



Dan Butters

Daniel Butters

CEO, Financial Advisory

Daniel Butters is CEO, Financial Advisory having joined Teneo as part of its purchase of Deloitte’s UK Restructuring business.

Prior to the acquisition, Daniel was the head of restructuring at Deloitte in the U.K. He also led Deloitte’s retail restructuring proposition, a role he has fulfilled for the last 10 years. Daniel was also a member of the firm’s Retail Exec team and worked with partners from across the firm to deliver the full range of Deloitte services to clients. Daniel has a wide-ranging contact base and network across the retail sector and is regularly hired by investors, lenders and corporates.

Daniel has market leading experience in the retail sector with recent disclosable examples listed below.


Selected Project Experience

  • Clarks – Nominee of CVA of 320 site portfolio to move to turnover rents.
  • New Look – Market precedent CVA in 2018 including consent solicitation from bond holders with another market precedent CVA in 2020 as a tool to move 400 sites to turnover rents.
  • Pizza Express – CVA to reduce rents across 450 site portfolio with the inclusion of a “COVID clause.”
  • Travelodge – CVA to temporarily reduce rents across 560 site portfolio.
  • Yo Sushi – CVA to exit 19 non-performing sites from 59 site portfolio.
  • Arcadia – market precedent CVA including the largest number of CVAs in one retail Group ever brought to market.
  • Hotter – IBR used by the lenders when renegotiating new facilities with the company.
  • Barrats – Review the corporate structure and the sale via an insolvency process to reduce the store portfolio.
  • Moda in Pelle – Advised lenders regarding options after an IBR reviewing trading, contingency planning and organizing an AMA process.
  • Poundworld – Landlord consultation, M&A and restructuring through insolvency.
  • Office Outlet – First restructuring to deliver major store format reconfiguration through CVA.

Articles by Daniel Butters