Impact
We restore performance and create a stable foundation for the future.
Bankability secured
Average adj. EBITDA margin uplift
> 10 ppts
Average reduction of net leverage ratio
By > 5x EBITDA
Average revenue CAGR
Above market &
historic CAGRs
Average cash conversion improvement
(% of adj. EBITDA)
> 40 ppts
Scope
Restructuring requires clear prioritization, structured stakeholder management, and the rebuilding of functions, structures and governance – with one objective: Bankability and a sustainable turnaround.
Liquidity management
Safeguarding liquidity and refinancing through tight cash flow control and proactive lender management
Stakeholder management
Aligning all relevant stakeholders to a unified restructuring plan and true north
Works council negotiations
Generating the preconditions for headcount reduction by negotiating reconciliations of interests and social plans
SG&A structure
Right-sizing corporate and site functions & overhead structures in alignment with the target operating model
Purchasing excellence
Improving production / non-production material costs through purchasing & material-group renegotiation
Strategic repositioning / portfolio mix
Optimizing the portfolio mix through targeted investments (R&D, M&A) and divestments (ramp-down, M&A)
Target operating model
Designing organizational footprint, leadership models and governance structures for effective company steering
Production set-up
Optimizing footprint and improving site capacity utilization, efficiency and throughput, including production set-up
Project management
Improving margins through effective project steering and renegotiation of underperforming projects
IT backbone
Implementing and harmonizing steering & management systems for performance transparency and operational control
Growth excellence
Driving topline growth through commercial initiatives, disciplined pricing and improved sales-force effectiveness
Approach
We operate from within the management team.
A C-level mandate combined with a dedicated team ensures fast decision-making, consistent implementation, alignment across all stakeholders and a successful turnaround.
How we do it
We implement holistic restructuring programs that stabilize and transform businesses.
/ Securing liquidity
Crises liquidity management and enhanced capital allocation
/
Financial restructuring
Restoring financial stability and solvency; securing capital structure aligned to business objectives
/
Stakeholder Management
Steering of shareholders, financiers, suppliers, customers and works council in the restructuring
/ Cash and working capital initiatives
/ Refinancing / adjustment of capital structure
/ Cost reduction programs (Purchasing, SG&A, operational footprint)
/ Works council negotiations
/ Strategic repositioning
/ Portfolio Management (M&A)
/ Reshaping the operating model
/ Growth initiatives across products and regions
/ Supervisory / Advisory Board positions, ideally in addition to C-level accelerate the transformation
/ Shaping a well balanced and stable organization (leadership succession, long-term management incentive systems, employee development programs)
/ Foster a growth mindset, implement an agile and adaptive culture and a purpose-driven leadership
Engagements
Results from operational execution with line responsibility
Machinery
6.0 k
€ 1.4 bn
5%
Clients
Trusted by leading lenders
