Turnaround & Restructuring 5x5: Actionable insights

Applying M&A rigor to wind down situations

Any number of situations can result in a company’s needing to exit a business—and sometimes there is no real prospect of finding a buyer. If it can’t be fixed, funded, or sold, it’s time to wind the business down.

Working capital improvement

All companies can benefit from a focus on improving their conversion of cash by improving the order-to-cash, forecast-to-fulfill, and procure-to-pay working capital processes. Companies typically have a significant amount of cash tied up on their balance sheets and (based on our experience) may potentially realize ~10% to 30% or more of cash improvements across these working capital cycles.

Turnaround & Restructuring

The idea of restructuring, like any change, can feel intimidating. Whether experiencing times of disruption or looking to improve company performance, many management teams are already at capacity.

Having specialized knowledge of specific business issues assists management to pinpoint where to start and the steps on which companies should focus in order to help achieve the company’s goals.

Fresh Start accounting services

Recording emergence from bankruptcy is a complex and demanding accounting challenge. Understanding the chapter 11 reorganization process and the related technical accounting requirements can be overwhelming to
many management teams. Completing the process efficiently can help management move forward and focus on the operations of the newly reorganized business.