Services

Innovative solutions including taking executive appointments

Restructuring

Addressing the complex financial challenges, which accompany stressed, distressed and special situations, is not a one size fits all solution. Amid the uncertainty, stakeholders must make informed decisions to address the current issues.

We provide hands-on support to stakeholders to assist in the decision making process through all phases of the restructuring process. The support may be advisory or involve taking executive roles, interim management roles and / or Board appointments.

Financial Restructuring

We have extensive experience leading financial restructuring engagements on behalf of corporates, creditors, investors and other stakeholders, both out of Court and in Court.

We have a broad range of experience assisting clients with:

-          Crisis stabilisation

-          Short term cash flow forecasting

-          Business, financial and strategic reviews

-          Financial modelling and sensitivity analysis

-          Liquidation analysis and security position review

-          Formulation of debt restructuring plans and options analysis

-          Obtaining covenant waivers and amendments

-          Structuring and executing consent solicitation exercises

-          Stakeholder management and negotiation

-          Documentation and completion

-          Contingency planning, including use of Court restructuring and insolvency regimes

Operational Restructuring

Operational restructuring aims to assist corporates that are facing financial stress identify and implement operational improvements to drive rapid change and deliver improvements in working capital, EBITDA and enterprise value.

We work closely with management and have a broad range of experience assisting clients with:

-          Working capital management initiatives

-          Cost reduction and performance improvement initiatives

-          Corporate streamlining and simplification

-          Winding down

Special situations

Capital Raising

We assist client’s structure and execute bespoke financing solutions to meet short term liquidity requirements, raise capital to unlock shareholder value or meet growth objectives. Our funding sources include banks, private equity funds, credit funds, distressed and special situation funds and strategic investors.

We have a broad range of experience assisting clients with raising new debt or equity for the following situations:

-          Recapitalisations often driven by fresh capital acquiring existing debt at a discount to par

-          Rescue financing

-          Debt refinancing

-          Bridge financing

-          Working capital financing

-          Growth capital / mezzanine debt

Accelerated Disposals and Distressed Asset Sales

We assist clients when a corporate facing stress / distress has decided or in consultation with its lenders decided to sell selected non-core assets or the entire company to alleviate cash flow or debt repayment issues.

We have a broad range of experience assisting clients with the following:

-          Lead sell side advisor assessing the pros and cons of sales strategies

-          Accelerated sale through in or out of Court processes

Expert Testimony

We assist clients by providing expert restructuring and valuation testimony for use by the Court or for private arbitration / mediation proceedings.

Board, Executive and Formal Appointments

Board and Executive Appointments

The appointment of restructuring professionals to executive roles (e.g. CFO and CRO), interim management roles (e.g. interim CEO and interim CFO) and / or Board appointments of corporates facing financial stress is becoming an increasingly important aspect of the financial restructuring process.

We have professionals with the necessary experience and track record of delivering to take board and executive appointments into corporates, which are about to enter into a restructuring process, in a restructuring process or exiting a restructuring process.

We also place restructuring professionals onto the Board (or into other executive and interim management roles) on behalf of creditors and investors to monitor and protect their investments.

Formal Appointments

We provide a full suite of insolvency services to creditors, directors and shareholders and have capabilities to take appointments as liquidators or receivers.