Our distressed solutions help our clients to sustain and create value in financially distressed situations through operative improvements and balance sheet restructuring. Our services help the companies facing challenges to access new capital, renegotiate existing loans, or regain the trust between stakeholders, in situations where the business outlook and prospects have been questioned. Our leading restructuring experts help the companies and their stakeholders to stabilize the situation, evaluate the feasible and acceptable strategic alternatives and assist to implement the chosen roadmap and initiatives.
Our experience from distressed situations have shown that, the sooner we are involved in the situation, the higher likelihood is for a successful turnaround as the right type measures are considered already in the beginning of the process.
Typical examples of situations where we can help you:
Regaining the trust in distressed situations requires a solid understanding of operative root causes behind financial difficulties, comprehensive recovery plan and a right type of stakeholder management in every stage of the process. We can be introduced to the new restructuring situations by the different stakeholders, and therefore our services are always tailormade to respond to the situation at hand.
We acted as the lead financial and capital structure advisor for the administrator of Stockmann Plc. As a result of the in-court restructuring €740m were successfully restructured in record time with the unanimous support from the company’s creditors and owners.
We assisted company's management, owners and financiers to establish a shared understanding of the root causes behind the weak profitability development in connection with leveraged balance sheet and chosen strategy. Our support enabled the new CEO and management team to create an internal recovery programme to respond and mitigate the foreseeable challenges, and to create a solid monitoring and reporting framework for the wider stakeholder group.
Success in restructuring situations requires a vast set of skills, capabilities and tools from understanding rationales behind the strategy and competitive advantage all the way to the problems underpinning the balance sheet. Therefore, we always combine our industry experts from strategy, commercial, financial, restructuring situations for a single case team which will provide the best possible outcome for your situation. Our restructuring case team leaders always have more than 10-year experience from a large variety of distressed situations in Finland and abroad, and have good relationships with local banks and other financiers.
Our domestic and foreign network of experts ensures that we are able to bring full service offering to almost every situation. Our tax and legal services can be easily connected as a part of the overall business recovery value creation, and distressed M&A transactions can be managed efficiently with our due diligence and corporate finance colleagues to save your valuable time and money.