Dealing with distress – Investing and operating in a turbulent environment

Dealing with distress – Investing and operating in a turbulent environment

Thomas Choo, partner, Clyde & Co

Richard Draycott, head of investments and partnerships, International Schools Partnership

Prakash Pillai, head of restructuring and insolvency, Clyde & Co

Chris Smith, partner, Clearwater

The Covid-19 pandemic has shaken the global education market to its core. In the K12 sector, specifically, across the world school groups and their investors face myriad operational challenges and mounting financial pressures.

Many pre-coronavirus trends – rising operational costs, growing competition, dwindling financial reserves and weakening commercial positions – have only been accelerated by the ongoing crisis. Some schools were unable to survive the first wave of the pandemic; those that remain now face a ‘second spike’ – and with it a raft of new complexities. What does all of this mean for K12 operators and the range of investors behind them?

EducationInvestor Global‘s editor, Josh O’Neill, hosts this webinar in partnership with Clyde & Co exploring various approaches to a distressed marketplace that is rife with opportunities and pitfalls in equal measure.

Key points of discussion:

Perspectives on cost management and internal restructuring
Distressed M&A and deal-making
Valuing distressed assets and pricing more generally
Strategies for non-performing assets
Private equity plays
Stock take on state of the global market