Amberside Advisors was entrusted with building and refining the project’s financial and operational model, forecasting from Financial Close (December 2022) through to construction and up to the projected end of operations in November 2049.

To ensure accuracy and alignment, we rigorously reviewed model assumptions, scrutinizing contracts, tax computations, overhead budgets, and recent financial accounts to ensure the forecasts could be as accurate as possible.

In addition to designing the operational model, we provided crucial support in auditing the model for its first funder covenant submission. To enhance transparency and stakeholder engagement, we produced a Valuation Bridge that demonstrated and explained value changes in the project since the initial transaction model.

Successes and Outcomes

Our expertise in financial modelling and project optimisation provided critical insights that were highly valued by both Equisisk and its funders. Key successes included:

- Model Satisfaction: The operational model met all requirements of shareholders and funders, satisfying rigorous performance tracking and reporting needs.

- Enhanced Reporting Efficiency: Equisisk adopted several of our recommendations, specifically to streamline financial reporting and ease the model update process.

- Effective Stakeholder Communication: The Valuation Bridge report and commentary effectively illustrated project value changes, supporting Equisisk’s communication with stakeholders and enhancing transparency.

Through projects like Equisisk, Amberside Advisors and the wider Steer Group are continually building their reputation as trusted partners for healthcare and social infrastructure development in Ireland.