BTG

Btg Consulting PLC

Financial Services First-pass screen £193m

390/1000 Overall fit

AI beneficiary 35% 25

Operating leverage 25% 50

Valuation 25% 30

Downside protection 15% 70

First-pass take

Mature professional services firm with zero AI exposure; labour-intensive advisory model (1,346 FTE) limits operating leverage despite 12% organic revenue growth. Strong insolvency market position and net-cash balance (£0.9m, 0.22x debt/EBITDA) provide resilience.

Flags

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