Smarte Carte Due Diligence
Skylark provided commercial advisory services including a review of Smarte Carte’s business plan and development of a due diligence report for the purpose of a planned debt refinancing. Smarte Carte is a provider of luggage carts, strollers, storage lockers, massage chairs, and other mobility services at airports, rail stations, shopping malls, theme parks and other recreation areas worldwide. Skylark’s services included:
A business overview of Smarte Carte’s lines of businesses and services, geographies, and end markets,
An analysis of market dynamics including, key industry drivers, pricing and elasticity,
A review of the competitive landscape
An overview of customers,
A summary of historical business performance focused on revenue and expense performance across the major business lines and relevant end markets, and
A review and alignment of management’s five-year forecast.