investment check Field-deployable across continents Paris  ·  Singapore Industrial  ·  Infrastructures Full-stack profiles : industrial x finance

The Reality Check
your investment
deserves.

We provide independent assessment, counter-expertise and support for your industrial and infrastructure investment decisions before you commit.

You are :

PE & Infra Funds Co-investors Industrial Boards Sovereign Wealth Lenders Family Offices
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Pain Points

Investment decisions are only as strong as the assumptions behind them.
Assumptions are strong only when understood through field and technical reality.

−5pts IRR

Is a likely profitability loss of a 200M$ industrial investment experiencing an 18-month schedule overrun, assuming a 3-year build, 15-year operation and 15% target IRR. That is ~40M$ of NPV destroyed.

Observed: average delay across 500+ projects above 100M$ is 52% of initial timeline.

McKinsey Capital Projects, 2022
−3pts IRR

Is a likely profitability loss of a 30M$ industrial asset suffering a +25% cost overrun, bringing total investment to 37.5M$with unchanged revenues, assuming a 15% target IRR. That is +7.5M$ of unplanned capital.

Observed: fewer than 45% of capital projects finish within 10% of authorized budget.

IPA, 24,000+ capital projects
+6pts IRR

The typical gain observed for well-defined compared to poorly-defined industrial CAPEX plan. Strongest driver : the quality of front-end challenge, definition and risk assessment before authorization. This is where we operate.

IPA, 24,000+ capital projects
Services

Four approach from independent eye to on-the-ground steering.

I
Sanity Check

Second Opinion

You have a technical case. You want an independent eye before going further. We review the documentation, challenge the key assumptions and give you a clear, unfiltered read : a sharp, structured contradiction of what is on the table, with a confidence assessment on the investment's risk and return profile.

  • Organized Peer Review
  • Feedbacks & Alerts
  • Priorities
  • Cost Structure
  • Project Structure
  • BP Assumptions
  • Technical & Execution Assumptions
  • Critical Path
  • Investment Confidence Level
II
Hands-on review

Stress Test

We get hands-on. Beyond reviewing, we rework the structure: challenging the cost breakdown, stress-testing profitability under alternative scenarios, and quantifying what the business plan does not show. We rebuild the risk picture so your committee can decide on facts, not assumptions.

  • Make-or-Buy
  • WBS Restructuring
  • What-If Scenarios
  • Sensitivity Analysis
  • Risk Quantification
  • Uncertainty Measurement
  • Profitability Stress Test
  • Contingency Adequacy
  • Revised BP Assumptions
III
On-site deployment

Red Team

We deploy on-site. An independent team sent where the asset is, to confront the technical case with ground-level reality. We see what documents cannot show. We find what project teams do not report. This is not a desk exercise. This is a field diagnostic.

  • On-site
  • Maturity Assessment
  • Site and Teams Readiness
  • Organisation Maturity
  • Brownfield check
  • Configuration Audit
  • Requirements Traceability
  • Stakeholder Alignment Check
  • Ground Truth Report
IV
Governance integration

Corrective Roadmap

Something is drifting. We diagnose the root gaps and build the path back to a controlled, profitable trajectory : a structured corrective plan your organisation can execute immediately. When needed, we integrate with top management to drive its deployment from the inside.

  • Root Cause Diagnosis
  • Prioritised Action Plan
  • Quick Wins
  • Governance Structuring
  • Stakeholder Management
  • Milestone Framework
  • Ownership Assignment
  • Recovery KPIs
  • On-site Steering
  • Management Integration
— Engagement —

Tell us about the asset, the timeline, and the decision.

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