02.
The Braemar Solution
We ran a novel twin-track M&A process (to find a co-investor) and fleet sales process (to establish the sales value of the fleet). These were run in parallel by our Corporate Finance and Sales & Purchase teams.
Running a parallel track was complicated because the M&A process is lengthier and very different in nature to a fleet sales process; however, it was the best way to simultaneously evaluate the two options.