We buy substance
An industrial or operational core that survives the special situation. Real customers. Verifiable value. Not promises.
UK & EU · Special Situations
Special situations. Real operations. Lasting value.
Paras Resources acquires distressed and undervalued businesses across the UK and Europe, then does the operational work to turn them around. We see past the problem to the business underneath.
UK & EU
Geographic focus
3
Tests every acquisition must pass
100%
Equity control, not debt positions
Hold
We integrate — we don't flip
Our discipline
What we bring to every acquisition
Three commitments guide every transaction we complete.
We do the work
Turnaround is operational, not financial engineering. We roll up our sleeves inside the business.
We build for the long term
We integrate and hold. We do not asset-strip and we do not flip.
Investment criteria
The Three Tests
Every acquisition must pass all three. When they don't, we pass.
A core that survives the special situation
We look for an operational or industrial core — real customers, real product, real capability — that will still be standing once the current difficulty is resolved. We are not buying a balance sheet problem; we are buying a business with a problem.
A situation that has created the opportunity
Distress, a forced sale, a broken carve-out, or a succession without a successor — the opportunity has to be explainable. A business priced by its problem, not its potential, is exactly where we look.
A transaction we can realistically complete
Speed and certainty matter in a special situation. We only pursue transactions with a clear, executable path to completion within the timeframe the situation demands.
Where we look
Special situations we act on
Four contexts most often produce the opportunities we pursue.
Operational or financial distress
A viable business under short-term pressure — from covenant breach to a working-capital squeeze — that needs a decisive, well-capitalised owner.
Forced & time-pressured sales
Insolvency processes, lender-led disposals, and other situations where the seller's timeline is fixed and speed of execution is the deciding factor.
Broken carve-outs
Divisions separated from a parent group without the standalone infrastructure to function — needing rebuilt management, systems, and direction.
Succession without a successor
Founder- or family-owned businesses facing retirement or exit with no internal successor, at risk of being sold purely on the seller's terms.
How we work
From first contact to long-term ownership
Source & review
Deals reach us directly, through advisors, or via insolvency practitioners.
Apply the Three Tests
We assess the core, the situation, and the deliverability of the transaction.
Structure & complete
We take equity control and move at the pace the situation requires.
Stabilise & rebuild
We strengthen management and rebuild performance from the inside.
Hold & integrate
We commit for the long term — brand and workforce intact.
About Paras Resources
Responsible owners, not financial engineers
We are not a consultancy that bills by the hour, and we are not a credit fund taking debt positions. We take equity control and become responsible owners — stabilising operations, strengthening management, and rebuilding performance from the inside.
Read our story“Every business we acquire remains an operating business, with its brand and its workforce intact.”Paras Resources — Investment philosophy
Have a special situation that needs a serious acquirer?
Advisors, insolvency practitioners, and business owners — submit a deal directly to our team.