Capital Advisory
Debt, equity and refinancing advisory for businesses where the funding case needs to stand up. Senior-led execution across the full capital structure lifecycle.
Capital structure advisory for businesses where the funding case needs to stand up
K3 Deal Advisory's capital advisory practice advises on debt raises, equity financing and balance-sheet refinancing for owner-managed businesses, PE-backed companies and management teams.
The capital advisory capability sits alongside the firm's M&A advisory practice. This means that for transactions where deal and financing strategy intersect — management buy-outs, acquisition financing, shareholder reorganisations — clients have access to both disciplines without needing to coordinate between separate advisers.
Three service lines
Debt advisory. Structuring and executing debt raises across acquisitions, refinancing, growth capital and shareholder situations. We run the lender process — from structuring through to drawdown — so management time is spent on the business.
Equity raise advisory. When debt alone is insufficient or equity brings strategic value beyond capital, we assess the equity case, prepare the investment story and run a targeted process to the right investor pool.
Recapitalisation and refinancing. Where existing debt structures no longer fit — approaching maturity, under covenant pressure, or misaligned with a changed business profile — we assess the options and execute the restructuring.
When clients engage us
Mandates typically arise from one of the following situations:
- An acquisition requires a funding structure before heads are signed
- An existing facility is approaching its end date and needs replacing or extending
- The business has a credible growth plan that requires additional capital
- Ownership is changing and the capital structure needs to reflect new stakeholder objectives
- A facility has a covenant problem that needs to be addressed before it becomes a formal default
- A private equity portfolio company needs debt support for bolt-on acquisitions
Our approach
We assess lender and investor appetite before approaching the market — not after. The preparation and structure of the process is where outcomes are determined. A properly prepared approach to the right counterparties, with a credible financial case, produces better terms and higher completion certainty than an underprepared wide distribution.
Senior-led execution from first call to completion. Not a team you meet once and hand off.
Five service lines across the capital structure.
Debt, equity, refinancing, management buy-outs and buyside support. Each mandate is assessed on the specific situation — not a standard template applied regardless of circumstances.
Structuring and executing debt raises across acquisitions, refinancing, growth capital and shareholder situations. Senior-led process from assessment through to drawdown.
When equity is the right answer — assessing the case, preparing the investment story and running a targeted process to the right investors.
Where existing debt no longer fits — maturity pressure, covenant strain, ownership change or capital structure misalignment. Options assessment and structured execution.
Independent capital structure and process advice for management teams navigating buy-out transactions — from feasibility and investor selection through to completion.
Acquisition support covering target assessment, capital structure design and lender process management for businesses making acquisitions.
See where lenders are likely to land before you pick up the phone.
An indicative debt capacity estimate based on your business financials, aligned to UK mid-market lender norms.
Ready to discuss your capital requirements?
Most funding situations can be assessed in a short first conversation.