Contact us: joe@grayconsultancy.com
GRAY Ventures and Consultancy Limited
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London, England, NW1 8NL
CASE STUDY

GXP Engaged - Management Buyout Modelling for Kester Capital
Industry: Auditing / Pharma Compliance
Project Type: Management Buyout Model
Stage: Growth / Private Equity
Overview
GXP Engaged is a leading provider of Good Clinical/Pharmacovigilance Practice (GCP/GVP) audit and related consulting services to the pharmaceutical and biotech sectors.
Challenge
Kester Capital and the GXP Engaged management team required a robust financial model to support their MBO transaction — one that could stand up to investor scrutiny and reflect an exciting, ambitious growth plan.
Our Role / Solution
GRAY worked closely with both teams to build the MBO financial model from scratch. This included revenue forecasting, cost structure design, headcount planning, and scenario analysis to support the investment thesis.
Outcome
The model helped secure backing from Kester Capital and supported the successful MBO of GXP Engaged. The model is still used today as the business scales its operations and explores future strategic growth.
Testimonial
"Joe was a pleasure to work with and built a fully-integrated 3 statement forecast model very efficiently. The modelling was high quality, reliable and flexible, which made it easy for us and the management team to adopt it. Joe was a key part of all parties reaching a successful outcome. I wouldn't hesitate to recommend GRAY's services."
David Fernie, Vice-President, Kester Capital






