Quayle Munro, the independent merchant bank, has completed a review for the Scottish Government of sole bidder CalMac Ferries Ferries Ltd’s tender for the provision of ferry and associated harbour services across the Clyde and Hebrides area. Only one tender was received to run the services. Appointed by the Scottish Government to ensure that the tender was subject to full and rigorous due diligence, Quayle Munro was asked to provide an estimation of the key operating costs and revenues, based upon the data held, comparing the findings against those in the tender response and commenting on key variances. Completion of the assignment required a combination of technical and financial skills. Quayle Munro, who had previously worked with the Government on the assessment of the Northern Isles ferry tenders, joined forces with Strategic Transport Solutions International, in order to provide the expertise and resources that the brief required. Notes to EditorsQuayle Munro (www.quaylemunro.com) is an AIM-listed independent merchant bank, active in corporate finance (including equity and debt advisory), public finance, specialist fund management and investment on its own account. The Group was co-founded in 1983 by its present Chairman, Ian Quayle Jones, and listed on the London Stock Exchange via an Introduction in 1993, transferring to AIM in 2003.
Quayle Munro, the independent merchant bank, has completed a review for the Scottish Government of sole bidder CalMac Ferries Ferries Ltd’s tender for the provision of ferry and associated harbour services across the Clyde and Hebrides area. Only one tender was received to run the services.
Appointed by the Scottish Government to ensure that the tender was subject to full and rigorous due diligence, Quayle Munro was asked to provide an estimation of the key operating costs and revenues, based upon the data held, comparing the findings against those in the tender response and commenting on key variances.
Completion of the assignment required a combination of technical and financial skills. Quayle Munro, who had previously worked with the Government on the assessment of the Northern Isles ferry tenders, joined forces with Strategic Transport Solutions International, in order to provide the expertise and resources that the brief required.
Notes to EditorsQuayle Munro (www.quaylemunro.com) is an AIM-listed independent merchant bank, active in corporate finance (including equity and debt advisory), public finance, specialist fund management and investment on its own account. The Group was co-founded in 1983 by its present Chairman, Ian Quayle Jones, and listed on the London Stock Exchange via an Introduction in 1993, transferring to AIM in 2003.
Quayle Munro Limited is authorised and regulated by the Financial Services Authority Quayle Munro, Inc. is a member of FINRA/SIPC