CAPA has been appointed to conduct a rates audit on Brantano - the shoe retailer that entered administration in January 2016.
Brantano was bought by retail investment firm Alteri Investors in October 2015 from Dutch-based Macintosh Retail Group. However, after the company faced challenges arising from changing consumer habits and a fast-evolving retail market, administrators from PwC were called in.
CAPA has now been instructed to undertake a rates audit on a portfolio of stores.
A team of auditors from CAPA will use bespoke software to audit rates charges to discover any overspend or error. Once discovered, this overspend will be recovered and generate cash across the portfolio.
The same service around rates management has been provided to various other retail chains in the UK, including JD Sports.
