Expertise
We Reliably Prove Your Viability to Restructure.
In special situations, what matters is not what is planned, but what a company can credibly prove. Banks, shareholders, trade credit insurers, and courts expect a restructuring concept that meets the requirements of IDW standards and German Federal Court of Justice (BGH) case law, and that is prepared by experts who stand behind the underlying analyses and assumptions. Our restructuring and insolvency specialists bring extensive experience, deep subject-matter expertise, and strong networks across the relevant stakeholder landscape.
We support you throughout the entire process, from the initial expert opinion to operational implementation and transaction execution. What sets us apart from firms that focus solely on reports is that we measure our success by the impact achieved, not by the document delivered. Our performance management expertise enables us to identify opportunities quickly, quantify their financial impact accurately, and translate them into measurable results.
Every crisis is different. The requirements for a viable restructuring concept, however, remain clearly defined. That is why we follow a structured approach. We assess the current situation and identify the root causes of the crisis. We then develop a target vision and a comprehensive action program and translate both into an integrated business plan. Based on this foundation, we assess your company’s restructuring viability and support implementation until the measures deliver measurable results.
Through a rapid assessment and business plan review, we evaluate whether planning assumptions are robust and realistic. We create transparency around liquidity, earnings, and key performance drivers, and determine the stage of crisis your company is facing, whether stakeholder-related, strategic, or liquidity-driven.
We develop a target picture for a competitive and profitable company. From this vision, we derive strategic, operational, and financial measures and determine which business activities will support the future business model.
We integrate the income statement, balance sheet, and cash flow forecast into a single planning framework and assign impact, timing, and accountability to every measure. We also develop a 13-week cash flow forecast and help structure financing solutions together with your banks and creditors.
We assess restructuring viability, prepare going-concern and continuation forecasts, and evaluate the situation under German insolvency law pursuant to Sections 17–19 of the Insolvency Code (InsO). We address the legal implications of planned measures during the opinion phase rather than waiting until implementation.
We manage implementation through PMO structures and performance controlling, provide CFO services, and support CRO mandates. We remain actively involved until results become measurable, maintaining a clear focus on realized value and transparent reporting for all stakeholders.
Our commitment is simple: we guide you through restructuring and turnaround situations with expertise, discretion, and a clear focus on results.
Our restructuring approach meets the requirements of banks, investors, and creditors in crisis situations.
A restructuring expert opinion is not the end. It should be the point at which all stakeholders align around the same financial facts and from which implementation begins. That is exactly where we come in.
Tobias A. Fusten | Performance Improvement, Restructuring & Transactions
