Restructuring

Restructuring

Portrait of Sascha Haghani
Senior Partner, CEO Germany and DACH Region, Member of the Supervisory Board
Frankfurt Office, Central Europe
+49 69 29924-6444
Sustainable turnaround

Getting back on track

Companies and management teams that find themselves in advanced earnings or liquidity crises require rapid support in order to avert impending insolvency. In that scenario, stakeholders, particularly creditors and investors, demand a comprehensive turnaround: They want their companies to be repositioned in order to restore their profitability and to secure their loans and investments. Our holistic restructuring concept includes all corporate and non-corporate assets, optimizes the business of companies through cost reductions, and improves their financial situation by adjusting the balance sheet, which of course takes into account their debt situation and secures a healthy finance structure. Never losing sight of the big picture, we also tap into new revenue streams in order to prepare companies and their corporate structures for what the future holds.

We are the market leader for restructuring services in the German-speaking world and also hold a strong position in the international arena. We have earned an outstanding reputation among our clients as well as our industry peers. Over the years, we have been able to prevent insolvencies in both SMEs and large corporations and establish new sustainable structures. Our business restructuring concept focuses on three mutually reinforcing levers for value creation: strategic reorientation, operational restructuring, and financial restructuring. We help companies and their management resolve their most pressing (liquidity) issues, restructure their business systems, and regain the trust of their financial backers. Lastly, within the framework of special audits we evaluate companies' digital maturity and prepare them for potential disruptions, even from competitors outside of their own industry.

We thereby lay the foundation for sustainable business success based on competitive cost structures, innovation, and growth.

We offer the full range of business restructuring services and also provide support for (re)financing, for the establishment of new preventive restructuring frameworks, for external reporting, and for the implementation of such measures. With many years of project experience in numerous industries and regions, our restructuring professionals are at the top of their field. The restructuring of a company thereby becomes the starting point for change that targets and achieves a strategic objective with us as a partner and a sustainable business restructuring concept at its core.

It is not merely a matter of averting acute crises – ranging from liquidity shortage to an imminent inability to pay to over-indebtedness – and thereby averting imminent insolvency, but also establishing a business model for companies in distress and turnaround situations that will be successful in the long term. We also provide support for the orderly handling of insolvency proceedings as the final option when all other possibilities have been exhausted. A procedure professionally prepared together with our experts, such as through self-administration or a safety net, helps to secure and maximize assets for shareholders and creditors even in the event of insolvency. Our restructuring experts work together with the management team to develop corresponding strategies and ultimately achieve a sustainable change and an improvement in financial as well as operational performance.

We are committed to supporting companies and their stakeholders with a holistic and entrepreneurial restructuring concept to help them become robust in the future and strengthen their competitiveness long term. To ensure a successful business restructuring and ultimately a sustainable turnaround, we utilize our comprehensive toolkit that has proven itself in numerous crisis situations. In addition to liquidity, business, and scenario planning, it also encompasses all of the levers of financial and performance-related restructuring, including the establishment of a cash office to create maximum transparency concerning inflows and outflows of liquidity or the procurement of public forms of financial assistance such as guarantees, special programs, export credit guarantees, or short-time compensation.

Together with our clients we define a strategic objective and develop a sustainable concept that will satisfy the stakeholders. We then arrange for the systematic implementation of measures and their long-term safeguarding through the establishment of corresponding early warning systems, among other things. We thereby strengthen the resilience of a company and prepare it to handle future risks, crises, and disruptions.

Managing the Corona crisis

Our key areas of expertise

Strategic alignment

Adapting your product/market combination – addressing value chain, pricing, and revenue model – to optimize your market positioning, ensure a sustainable business model, and maximize your share of value added.

Operational restructuring

Evaluating sales promotion programs and reducing material, personnel, and other costs to sharpen your competitive edge and improve your operating margin.

Financial restructuring

Creating transparency in financing requirements based on detailed business and liquidity planning; evaluating financing instruments and measures; implementing a targeted financing structure.

CRO

Helping you regain the trust of creditors and stakeholders by installing a Chief Restructuring Officer to ensure successful delivery of the required improvements.

IBR

Ensuring transparency for stakeholders regarding your company's structure, business model, competitive position, and business as well as liquidity planning.

Publications

We regularly publish publications and articles on the topics of restructuring and realignment. They provide food for thought, classify topics and give companies an insight into the work of our restructuring consultancy.

Interviews & Contributions

Restructuring consultants are in a constant state of flux, characterized by permanently changing economic conditions. Therefore, decisiveness, a stable personality and an analytical mind are essential attributes of a consultant, as our Senior Partner, Global Head of Restructuring, Performance, Transformation & Transaction, CEO Germany and DACH Region, Member of the Supervisory Board, Sascha Haghani, reveals in an interview with Consulting.de.

Read the full interview with Sascha Haghani here(in German).

German SMEs have proven to be very resilient in the crisis so far. Many family businesses have responded with impressive flexibility, customer proximity and creativity, and have thus been able to stabilize their equity ratios. Read now in our guest article (in German) in the trade journal Markt und Mittelstand how companies can nevertheless run the risk of becoming so-called "zombie companies" and what measures they need to take now.

Please contact our senior restructuring expert
Portrait of Gerd Sievers
Senior Partner
Munich Office, Central Europe
+49 89 9230-8543
Portrait of Alexander Müller
Senior Partner
Munich Office, Central Europe
+49 89 9230 - 8106
Experts
Austria
Portrait of Christof Kiefer
Principal
Vienna Office, Central Europe
+43 1 5360-2177
France
Portrait of Benoît Hochet
Partner
Paris Office, Western Europe
+33 15 3670-948
Germany
Portrait of Michael Blatz
Senior Partner
Berlin Office, Central Europe
+49 30 39927-3347
Portrait of Tom Gellrich
Senior Partner
Frankfurt Office, Central Europe
+49 69 29924-6137
Portrait of Manfred Hader
Senior Partner
Hamburg Office, Central Europe
+49 40 37631-4327
Portrait of Sascha Haghani
Senior Partner, CEO Germany and DACH Region, Member of the Supervisory Board
Frankfurt Office, Central Europe
+49 69 29924-6444
Portrait of Patrick Heinemann
Senior Partner
Stuttgart Office, Central Europe
+49 16 0744-7321
Portrait of Wolfgang Herrmann
Senior Partner
Stuttgart Office, Central Europe
+49 711 3275-7227
Portrait of Morris Hosseini
Senior Partner
Berlin Office, Central Europe
+49 160 744-8497
Portrait of Fabian Huhle
Senior Partner
Munich Office, Central Europe
+49 89 9230-8486
Portrait of Peter Magunia
Senior Partner
Stuttgart Office, Central Europe
+49 30 39927-3587
Portrait of Felix Mogge
Senior Partner
Munich Office, Central Europe
+49 89 9230-8346
Portrait of Adrian Pielken
Senior Partner
Dusseldorf Office, Central Europe
+49 89 9230-8604
Portrait of Benedikt Rickmers
Senior Partner
Munich Office, Central Europe
+49 89 9230-8006
Portrait of Oliver Rong
Senior Partner
Hamburg Office, Central Europe
+49 40 37631-4423
Portrait of Gerd Sievers
Senior Partner
Munich Office, Central Europe
+49 89 9230-8543
Portrait of Ina Wietheger
Senior Partner
Frankfurt Office, Central Europe
+49 69 29924-6191
Portrait of Christoph Burckhart
Partner
Frankfurt Office, Central Europe
+49 69 29924-6301
Portrait of Maximilian Dressler
Partner
Munich Office, Central Europe
+49 89 9230-8115
Portrait of Alexander Eppler
Partner
Munich Office, Central Europe
+49 160 744-4309
Portrait of Christoph Forster
Partner
Munich Office, Central Europe
+49 89 9230-8802
Portrait of Andreas Grille
Partner
Frankfurt Office, Central Europe
+49 69 29924-6504
Portrait of Janes Grotelueschen
Partner
Munich Office, Central Europe
+49 89 9230-8542
Portrait of Sebastian Haine
Partner
Munich Office, Central Europe
+49 89 9230-8326
Portrait of Niko Herborg
Partner
Frankfurt Office, Central Europe
+49 69 2 9924-6131
Portrait of Marco Horstmann
Partner
Hamburg Office, Central Europe
+49 40 37631-4488
Portrait of Sebastian Maus
Partner
Berlin Office, Central Europe
+49 211 4389-2259
Portrait of Caroline Merk
Partner
Frankfurt Office, Central Europe
+49 69 29924-6367
Portrait of Benjamin Rassler
Partner
Munich Office, Central Europe
+49 89 9230-8727
Portrait of Ulf Rieckhoff
Partner
Hamburg Office, Central Europe
+49 40 37631-4430
Portrait of Jan-Hendrick Többe
Partner
Hamburg Office, Central Europe
+49 40 37631-4334
Portrait of Dieter Atzwanger
Principal
Munich Office, Central Europe
+49 16 0744-6532
Portrait of Cemre Bagci-Phan
Principal
Dusseldorf Office, Central Europe
+49 211 4389-2119
Portrait of Fabian Englert
Principal
Munich Office, Central Europe
+49 89 9230-8280
Portrait of Ralf-Thorsten Henn
Principal
Munich Office, Central Europe
+49 89 9230-8142
Portrait of Konstantin Kühl
Principal
Munich Office, Central Europe
+49 89 9230-8331
Portrait of Marco Mayer
Principal
Stuttgart Office, Central Europe
+49 40 37631-4323
Portrait of Mortaza Nadjafi
Principal
Frankfurt Office, Central Europe
+49 69 29 924-6587
Portrait of Valentin Peter
Principal
Frankfurt Office, Central Europe
+49 899 230-9146
Portrait of Michaela Scholz
Principal
Berlin Office, Central Europe
+49 211 4389-2957
Portrait of Milko Teofilov
Principal
Munich Office, Central Europe
+49 89 9230-8170
Portrait of Marcus Wolf
Principal
Frankfurt Office, Central Europe
+49 899 230-8455
Malaysia
Portrait of Dieter Billen
Partner
Kuala Lumpur Office, Southeast Asia
Qatar
Portrait of Stephan Essig
Senior Partner, Managing Director Doha
Doha Office, Middle East
+974 4429-4809
Switzerland
Portrait of Matthias Hanke
Senior Partner, Managing Partner Switzerland, Central European Head of Transportation
Zurich Office, Central Europe
+41 79 372-3945
Portrait of Katharina Schönenberger
Principal
Zurich Office, Central Europe
+41 43 336-8617
Ukraine
Portrait of Viktoriya Bondarets
Partner
Kyiv Office, Eastern Europe
United Arab Emirates
Portrait of Jan Gerrit Köchling
Partner
Dubai Office, Middle East
+97 14 364-5300
Portrait of Mazen Stetie
Principal
Dubai Office, Middle East
+97 31 756-7950
United Kingdom
Portrait of Nikhil Sachdeva
Principal
London Office, Western Europe
+44 203 075-1100
Get in touch

Our entrepreneurial restructuring approach focuses on three levers of value creation that reinforce each other: strategic alignment, operational restructuring and financial restructuring.

Portrait of Sascha Haghani
Senior Partner, CEO Germany and DACH Region, Member of the Supervisory Board
Frankfurt Office, Central Europe
+49 69 29924-6444
Portrait of Wolfgang Herrmann
Senior Partner
Stuttgart Office, Central Europe
+49 711 3275-7227
Portrait of Gerd Sievers
Senior Partner
Munich Office, Central Europe
+49 89 9230-8543