Mark Boughey Partner - Restructuring Services
Mark has over 20 years of experience supporting and advising underperforming and distressed companies, their shareholders, directors, and other key stakeholders. His clients include Banks, Asset Based Lenders, Alternative Funders, Private Equity, and Pension Trustees.
He has led numerous corporate turnarounds, restructurings, accelerated business sales, refinancings (both debt and equity), business advisory engagements, pension covenant reviews, and insolvencies.
Mark is a qualified chartered accountant and licensed turnaround and insolvency practitioner. Prior to joining Mazars, Mark’s career has involved time spent working within both the Big-4 and a mid-tier accountancy firm. He has also experienced valuable industry secondments with Lloyds Banking Group and a leading independent Asset Based Lender. His focus has generally been on the regional mid-market (£5m to £50m EV), but he has also worked with owner managed SMEs and Global PLCs across a range of sectors and industries. He has a particular specialism in Asset Based Lending and the Technology, Real Estate, Manufacturing, Hotel and Leisure sectors.
Mark leads the Special Situations Group at Mazars. This is a multi-disciplinary national team that includes M&A, Debt Advisory, Transaction Support, Valuations, Tax and Restructuring. The Special Situations Group is focused on supporting our clients with transactions that typically feature an element of financial distress, require strong stakeholder engagement and have a requirement to be delivered under accelerated time frames.
Selected projects include :
Leisure : Trading administration, partial sale and solvent restructuring of The Richards Hotels Group, an independent chain of 6 hotels in the South West.
Real estate and leisure : Trading administration and going concern sale of a Devon holiday park, The Arboretum.
Engineering and manufacturing : Independent business review and debt capacity modelling for a Cornwall based specialist manufacturer in support of an application for funding under CBILS.
Technology : Pre-lending business review of leading MarTech business BlueVenn Group on behalf of Boost & Co for a new £7m growth facility.
Farming : Cash flow monitoring, options analysis and refinance support for a large independent dairy farm.
Nightclubs and bars : Independent financial review, trading administration and going concern sale of the UK’s largest independent nightclub chain, the Luminar Group.
Food Manufacturing : Multi-phase bank led review of a South West based £15m turnover Cornish Pasty manufacturer.
Further education : Independent financial review and restructuring support for a leading south coast college group.
Care : Administration and going concern sale of Bristol based 40 bed care home, Woodlands Manor.
Wholesale : Cashflow review and controlled wind-down of the UK’s largest independent bathroom wholesaler, Cooper Callas Limited.
Travel : Administration and controlled wind down of an Alps based Ski Chalet and holiday Company.
Technology : Administration and going concern sale of a digital content and insights marketing platform, WeSee Limited.
Food Manufacturing : Review and subsequent administration of a South Wales based cake and pastry manufacturer, Continental Patisserie Limited.
Food Manufacturing : Administration and sale of a sweet/bonbon manufacturing business, Devon Sweet Factory Limited
Retail : Trading Administration and going concern sale of the UKs largest independent bathroom and tile retailer