ReAdvisory = Research Enhanced Advisory

The advantage we bring to our clients comes from a deep understanding of the sectors we follow combined with the scale and focus of a boutique investment bank. We believe that the best research analysts not only have the most relevant industry expertise to inform their financial analysis but also have the market context which comes from regular interaction with the world's leading investment professionals in their sectors.

We are industry focused not process focused. We discuss the industry issues and companies every day and seek the right answers and best outcomes drawing on our long experience in analysing the telecoms, media and technology industries.

Scale and focus is important. The development of and interpretation of recent financial regulation interferes with the accessibility of some of the best equity research views except through published reports.

The founding philosophy of New Street Advisory is that we can rely on flexibly accessing the expertise of NSR research analysts to provide a more intense level contact with industry experts.

• Provide direct relevant market feedback into project decision making at an early stage and throughout the evolution of any project. Corporate clients should not have to wait until just before an announcement to understand how the market and institutional investors will react to a strategic initiative. NSA can supply this critical judgement.
• Provide expert views on (a) key industry themes, (b) challenges and attractions of equity story (c) valuation & comparables input, (d) investor concerns as well as (e) identifying cornerstone / anchor / target investors in the case of equity issuance
• Engage in independent analysis, privately publish report(s) and undertake meetings to assist any capital raising activity
• Conduct in person meetings with Company Management, Board & Shareholders and put forward experts who are totally accustomed to presenting their views, defending them and debating them with any audience.
• Undertake thematic research on major sector issues (e.g. Network separation; Fibre Build; Tower dynamics)
• Ensure a better Informed and better co‐ordinated process by sharing research dimension with other advisors

The TMT space is highly susceptible to disruption meaning sector specific Industry expertise is required to ensure that any company is best prepared to explain its story and anticipates investor concerns. In any situation which involves a view on public valuation, private research and discussion with industry experts informs and improves decision making.

We see the ReAdvisory model providing the basis for a more informed discussion on any critical industry and valuation issues and especially where a market perspective is required: developing a monetisation strategy, M&A, equity story and management preparation, exit analyses, private placements, and dual track processes.

The ReAdvisory model is particularly valuable in the context of an IPO, enabling early understanding of potential demand and valuation context from close to the outset of the process, and offering large savings on overall project costs.

Whatever the transaction, the view of the industry expert is definitive, and via its relationship with New Street Research, NSA can deliver the experts who count.