Corporate turnaround

We specialise in originating and delivering solvent solutions to businesses facing some element of distress, either financially, commercially or due to shareholder tensions.

Our team of experts understands that early and swift action can result in the preservation and success of the core business.

What sets us apart is our reputation for working closely with the restructuring accountants, the turnaround executive and the management team to deliver a solvent solution.

We can help make sense of the complex picture in a very short timeframe, and can identify options and recommend the best strategy to achieve the desired outcome. Highlights in recent years include advising on the winner of the Institute for Turnaround SME Turnaround of the Year for 2016 and a shortlisting for Advisers of the Year for 2017.

Our range of solvent solutions include accelerated sales of non-core operations, or of the divisions attracting a premium on a sale, buy and build, balance sheet restructurings, debt for equity swaps, preserving core business while ring-fencing or splitting out underperforming business streams, refinancing and new investment.

Clients include owner-managers, family businesses, private equity owned companies and subsidiaries of larger groups, across a range of sectors including renewables, technology and media, retail and manufacturing.

Experience

• Advising NI based JMW Farms in relation to a restructure and succession plan.
• Advising an electronics manufacturer on a pre-pack sale out of administration. We advised on the sale process and compliance with statutory duties.
• Advising a care homes group to create a stable platform to operate loss-making homes. We identified a series of steps that would allow the profitable homes to be transferred to a newco subgroup and for market value to be satisfied by way of a credit bid from the new intermediate holding company.