Matt Mawhinney is a Senior Managing Director with Teneo in London, having joined Teneo as part of its purchase of Deloitte’s UK Restructuring business.
Matt has significant experience working with stakeholders of financially distressed businesses to develop and implement solutions. He has wide ranging experience across the distressed curve ranging from consensual restructurings, Restructuring Plans and schemes of arrangement to CVAs and other implementation approaches including Pre-packs and trading administrations. He has recently delivered a restructuring of Sunseeker yachts through a share receivership.
Matt has worked across a number of sectors, in both the UK and globally for listed and private businesses, with a specific focus on Real Estate. Matt leads our largest and most complex real estate restructuring and insolvency engagements having worked in the sector for the last 15 years.
Selected Project Experience:
- Advisory
- Mailbox (Birmingham) – lender advisory and contingency planning for a large UK real estate asset
- Project Castillo – insolvency planning for a large UK real estate asset
- Project Trophy – financial advisor to the Lenders of a £500m London retail portfolio
- Project Knight – financial advisor to a London based property owner with more than £500m residential assets
- Project Bear – Financial Advisor to a Global Real Estate Private Equity fund on its operational and financial restructuring
- Project Leaf – Financial Advisor to a Global Real Estate Private Equity fund on its operational and financial restructuring
- Enforcement
- AlTi Real Estate – contingency planning, administration and wind down of AlTi Real Estate’s global business
- Project Pocket – administrators to large West London residential portfolio
- Coda – lead administrator over 40 residential apartments in a purpose built, Battersea development
- Project Polar – share receivership over two UK based hotels
- Project Saturn – Contingency planning and implementation of wind down of more than 300 properties through Jersey, Guernsey and Gibraltar enforcement processes
- 30 St Mary’s Axe – Administration and sale of the Gherkin
- Project Gemini – Glen Maud’s PropInvest CMBS Administration – sale of 28 industrial, retail and office assets
- Project Harrogate – NPL workout of distressed UK retail
- Operational real estate
- NCP Car Parks – Contingency planning and Pre-pack administration of property portfolio for NCP car parks portfolio
- Cazoo – lead administrator including exit of dozens of leasehold properties
- Matalan – Lead Administrator to implement a pre-packaged debt for equity, delivering a deleveraging of the business and £100m of new money, preserving all stores and jobs
- Virgin Active – designed and implemented the first financial and operational restructuring of a consumer business using a Part 26A Restructuring Plan
- Travelodge – Company Voluntary Arrangement and options analysis
- New Look – Company Voluntary Arrangement