THYOR

Practice 08

Private Capital & Portfolio Advisory

Thyor supports private equity, venture, infrastructure and family investment offices across diligence, portfolio performance, value creation and exit — investor-side analysis, portfolio-company CFO capability, and the reporting cadence that turns operational detail into investment decisions.

Why it matters

An investor-grade operating partner for the full ownership cycle.

Returns in private capital are now made in operations, not in entry multiples. Financial engineering has been competed away; what remains is the harder work of improving margin, cash, pricing, organisation and capital allocation inside portfolio companies — measurably, quarter by quarter.

Most investors have more deals than senior operating capacity. Diligence teams see the deal but not the two years after. Portfolio companies, especially in the lower middle market, often lack the finance infrastructure to produce the reporting an institutional owner needs — and to execute the value-creation plan the underwrite assumes.

The firm operates as an extension of the investment team where it adds most: independent diligence support before commitment, CFO-grade capability inside portfolio companies during ownership, and preparation that makes exits orderly rather than rushed.

Recognisable situations

When to engage.

  1. 01

    A deal needs independent eyes

    Financial and operational diligence support, downside analysis and a view on the value-creation assumptions before commitment.

  2. 02

    A portfolio company lacks finance depth

    Reporting, forecasting and cash control must reach institutional standard without a full-time executive hire.

  3. 03

    The value-creation plan is stalling

    The underwrite assumed operational improvements that need design, governance and someone accountable for delivery.

  4. 04

    Performance reporting is unreliable

    Fund-level decisions are being made on portfolio data that arrives late or cannot be trusted.

  5. 05

    An exit is approaching

    Twelve to eighteen months of preparation — reporting, equity story, diligence readiness — protects the multiple.

  6. 06

    A situation turns difficult

    A covenant breach, a liquidity squeeze or an underperforming asset requires restructuring capability inside the portfolio.

Scope

Work configured around the decision.

Pre-investment

  • Investor-side financial and strategic diligence
  • Downside and scenario analysis
  • Value-creation thesis testing
  • Co-investment and special-situation analysis where appropriate

Portfolio operations

  • Portfolio-company CFO support
  • Value-creation planning and governance
  • Performance improvement execution
  • Acquisition integration

Fund analytics

  • Fund and portfolio analytics
  • Performance reporting
  • Capital allocation support
  • Portfolio risk and scenario analysis

Realisation

  • Exit preparation
  • Vendor-side readiness and reporting
  • Equity story and materials support
  • Post-exit transition support

Method

A clear sequence from fact base to execution.

  1. 01

    Underwrite honestly

    Diligence that tests the operational assumptions behind the model — before capital is committed.

  2. 02

    Install the information base

    Portfolio-company reporting and forecasting at the standard the investment case requires.

  3. 03

    Govern value creation

    A tracked programme of operational initiatives, each with an owner, a number and a date.

  4. 04

    Intervene where needed

    Restructuring, liquidity and leadership support in situations that deviate from plan.

  5. 05

    Prepare the exit

    Reporting history, equity story and diligence readiness assembled over quarters, not weeks.

Deliverables

Work products designed to support an actual decision.

  • Diligence reports and issue analyses
  • Value-creation plans with tracked initiatives
  • Portfolio-company reporting suites
  • Fund and portfolio analytics packs
  • Downside and covenant scenario models
  • Exit-readiness assessments
  • Integration plans for bolt-on acquisitions

Next step

Discuss portfolio support

Sensitive matters may be described at a high level. Scope and confidentiality are agreed before detailed information is exchanged.

Discuss a Situation