TURNAROUND MANAGEMENT
Clients with distressed businesses often seek advice only after normal operations of the business have been disrupted by creditors’ actions. These will typically include termination of essential supplies, workforce strikes, interim court orders, freezing of bank accounts. We have experience in negotiating with stakeholders to stabilise the distressed business to give time for the implementation of actions necessary for their rescue.
Following the initial stabilisation period, which might last a few weeks, we will work with your management team to assess the viability of the business and identify any immediate actions to improve profitability (or reduce losses).
We will then formulate and promote proposals to stakeholders for the turnaround of the business and the restructuring of its liabilities.
Our services include:
Appointment as examiner in examinership rescue procedures
feasibility reviews
negotiating with stakeholders
business plan development
financial modelling
transaction advice (acquisition and divestment)
financial and operational restructuring
assistance in raising funds