European Mid-Market Debt Update – Spring 2023
May 04, 2023
by Andreas Stoecklin, Philip Dakin

Phil Dakin is a managing director in the Restructuring practice, based in the London office. He has more than 20 years of experience in the corporate advisory, restructuring and private equity markets, including advising a wide range of stakeholders and undertaking strategic business reviews, operational and financial due diligence and restructuring.
Prior to joining Kroll, Phil was at Greybull Capital, where he was an integral part of the team that completed the acquisition of Tata Steel’s Scunthorpe Steelworks, resulting in the rescue of 4,000 jobs, and the acquisition of 140 convenience stores from Wm Morrison Supermarkets Plc that established the MyLocal chain of stores. Prior to Greybull Capital, Phil was a director at BTG Financial Consulting and a senior manager at KPMG for more than 10 years.
Phil’s most recent assignments include:
The operational and financial restructure and turnaround of a large steelmaking business in Northern Africa
Financial due diligence of a luxury jewelry and accessories retailer for potential lenders
A turnaround and refinancing of a tech-enabled recruitment platform with a blue-chip client base
The restructure and sale of a “food-to-go” manufacturer into both the public and private sectors
Assisting a private equity firm in the acquisition, transition, and integration of a long-established fashion group, with a focus on supply chain management
Providing financial due diligence for a private equity firm on their proposed acquisition of a food manufacturer
Phil holds a degree from Durham University and is a fellow of the Association of Certified Chartered Accountants.
World-wide expert services and tech-enabled advisory through all stages of diligence, forensic investigation, litigation, disputes and testimony.
Financial and operational restructuring and enforcement of security, including investigation, preservation and realization of assets for investors, lenders and companies.
Kroll professionals have advised hundreds of companies, investors and other stakeholders at all stages of distressed transactions and special situations.
Our Offshore Restructuring practice draws upon Kroll's broad financial services industry expertise to provide effective, timely advice and solutions.