Even top-performing companies eventually face stressed or distressed operational challenges, often the result of an economic downturn or a one-off, external disruptive event. Whether you anticipate the business disruption or are blindsided by it, FTI Consulting senior professionals apply their experience and expertise to help develop innovative strategies and solutions and deliver flawless executions. We have been battle-tested in some of the largest domestic and cross-border turnarounds in the past several decades. In so doing, our team develops lasting partnerships and trusting relationships with sponsors, boards of directors, C-suites, and senior management.
After a major business disruption, we have both the scale and global reach to restore your company’s equilibrium. Our senior professionals are change agents who access our complete suite of services to achieve a successful turnaround, whether through an in-court or out-of-court process.
In a turnaround situation, liquidity should be your first priority.
In a turnaround situation, liquidity should be your first priority. To improve liquidity, we implement advanced tools, techniques and models and apply tried-and-true methodologies and best practices to achieve rapid improvements in your company’s financial health. You benefit from our:
- Short-term cash management and monitoring
- Cash flow forecasting
- Liquidity enhancement initiatives
- Working capital management
- Vendor management
Stressed and distressed organizations often face underlying operational challenges, including cost and process...
Stressed and distressed organizations often face underlying operational challenges, including cost and process issues that are causing the business to deteriorate. The source of these issues may be internal or external or both. We’re experienced at identifying the root causes of business deterioration and developing and implementing solutions that improve the short- and long-term prospects of your business. Solutions include:
- Strategic assessment
- Business plan analysis and development
- Asset redeployment
- Cost realignment
- Business process enhancement
- Performance improvement initiatives
- Metrics, measurement and accountability
Turnarounds are highly complex, sometimes chaotic efforts that involve numerous parties, significant planning...
Turnarounds are highly complex, sometimes chaotic efforts that involve numerous parties, significant planning and analysis, and immense coordination among multiple work streams. For most management teams, this is unfamiliar territory. Our professionals have spent much of their careers working in this environment. They know how to support and guide senior leaders, empowering them to manage day-to-day business operations and, at the same time, successfully revitalize the company. Strategies and services include:
- Turnaround strategy development and execution
- Financial modeling
- Negotiations with interested parties
- Contingency planning
- Bankruptcy-related services
Effective turnarounds typically require both operational improvements and positive balance sheet changes.
Effective turnarounds typically require both operational improvements and positive balance sheet changes. Incremental capital may also be required to provide the liquidity needed to implement restructuring plans. In these situations, you benefit from our extensive relationships with lenders and debt and equity investors, and our experience at working through difficult negotiations related to balance sheet restructurings. Our clients rely on us for:
- Incremental capital procurement
- Balance sheet de-leveraging
- Lender negotiations
- Collateral assessment
- Capital structure optimization
- Debt restructuring
Senior Managing Director, Vice Chairman of Restructuring
Senior Managing Director, Leader of Canada and Latin America Corporate Finance & Restructuring
Diederick van der Plas
Senior Managing Director, Head of EMEA Corporate Finance & Restructuring
London, United Kingdom
Senior Managing Director, Head of Asia Corporate Finance & Restructuring
Quarry Bay, Hong Kong, China
Senior Managing Director, Head of Australia Corporate Finance & Restructuring