1. Metis Partners Case Study
Client: MFI Group Limited (in Administration)
Subject: Insolvency - IP Asset Sale (Q2 2010)
About MFI
MFI Group Limited (‘MFI’) was one of the UK’s leading and
most widely recognised suppliers of kitchen and bedroom
furniture. The Company went into administration in 2008.
The Insolvency
In early 2010, the joint administrators of MFI, Philip Duffy,
Geoffrey Bouchier and Paul Clark of MCR, asked Metis
Partners to carry out a sale of MFI’s Intellectual Property (‘IP’)
assets in order to recover value on behalf of the Company’s
creditors.
Our Approach
The Metis Partners team began by identifying and assessing the
IP assets linked to MFI, followed by the full marketing and
sale of the assets to targeted potential buyers.
The Outcome
Within 6 weeks of being appointed Metis Partners had concluded the deal after securing an
offer for £250k for the IP assets linked to MFI.
The Benefits of Instructing Metis Partners
 The whole process was completed quickly and efficiently with our structured and
accountable marketing process.
 MFI’s IP assets were marketed directly to our
international network of contacts including major
investors of IP assets as well as carefully selected contacts
within the retail industry who may have had also an
interest in purchasing the assets
 Metis Partners coordinated the entire sales process
including communications with third parties, the joint
administrators’ lawyers and diligence enquiries.
 Built on sales experience, Metis Partners created
competitive tension which drove up the final offer.
 Ultimately Metis Partners secured a significant return to
creditors (a return beyond initial expectations), by
building additional value into the IP assets available for sale.
Testimonial
“Metis Partners’ experience, structured sale process and professional approach
ensured that IP asset value was significantly enhanced, ensuring that full market value was
achieved.” Philip Duffy, MCR
“Almost £5m recovered for Insolvency Practitioners from sale of IP assets” © 2011 Metis Partners