Redevelopment
Turnaround companies: Causes and the way out of the crisis
Strategy crisis, profit crisis or liquidity crisis, there are various internal, but also external causes why a company can get into distress. The result is that not enough profit can be generated and insolvency and bankruptcy are the consequences. The only way to be successfully rescued from the crisis is then usually exclusively the restructuring of the company.
Corporate restructuring with F&P and Angermann Consult
Together with you and our restructuring consultants, we develop effective crisis management measures and implement them operationally with interim management. If required, our exclusive cooperation partners Angermann Consult can provide additional restructuring experts for the planning of the restructuring measures. The F&P industry experts are at your side during the operational implementation.
Our experts have already gained several years of experience through various projects and rely on early warning systems to help you identify the next strategic and operational target deviations more quickly.
What you can expect from us when restructuring your company:
- Quick and detailed analysis of the initial situation as a quick scan for investors/shareholders and lenders
- Measures to secure liquidity
- Reorganisation report according to IDW S6
- Certification according to §270bInsO (protective shield proceedings)
- Development of a tailor-made restructuring concept with a concrete plan of action, strategic realignment and cost-cutting programmes
- Negotiations with creditors, suppliers and customers
- Implementation support and interim management by experienced experts
- Comprehensive reporting for stakeholders
- Initiation, support and safeguarding of the “change management” process
- Search for a new shareholder, buyer or successor “distressed M&A
- Support of management, property and insolvency administrators in protective shield and regular proceedings and company sale
What exactly is the process of an F&P corporate restructuring?
The aim of a restructuring is to secure the company in the long term, to regain the return on investment and to become competitive in the long term. In order to lead a company out of difficulties in a targeted manner, it is particularly important to proceed in a structured manner.
Quick Check
- Elaboration of existing options for action and necessary concepts (continuation concept, restructuring concept according to IDW S 6)
- Initial analysis of potential for restructuring
- Derivation of initial options for action, advantages and disadvantages, clear recommendations for action
Insolvency advice
- Procedure offers a fresh start and sustainable restructuring in accordance with the ESUG Act
- Comprehensive business consulting package for companies, lenders, investors and insolvency administrators
- Examination of options for action in the event of critical solvency: continuation concept, restructuring concept, participation of strategic partners, sale of company, liquidation
- Clear recommendation for action
Reorganisation report/concept according to IDW S6: Preparation by cooperation partner Angermann Consult
- Examination of the ability to restructure. by external expert
- IDW S6 according to the guidelines of the Institute of Public Auditors in Germany (IDW)
Continuation forecast
- Preparation of a reliable going concern forecast
- Analysis of the current situation and future-oriented planning for the operative business
- Assistance in developing and setting up refinancing processes and growth financing as a viable basis for decisions on the P&L, liquidity and balance sheet
- Preparation of a going concern forecast, examination of the existence of an obligation to file for insolvency
- Mapping of possible development options into an integrated short- and medium-term plan
You are looking for a restructuring consultant or interim manager with a high level of expertise, who can quickly lead your challenging project or programme to success?
COMPANY REDEVELOPMENT: SUCCESSFUL PROJECTS
F&P AG can support you with its expertise in the reorganisation of your company along the entire value chain and provide you not only with individual consultants or managers, but also with entire teams. Our industry experts have already carried out numerous successful projects, about which you can learn more in our case studies.
COOPERATION WITH INSOLVENCY ADMINISTRATORS
F&P offers insolvency administrators the expertise of out-of-court restructuring and reorganisation advice and insolvency advice. The (preliminary) insolvency administrator and his team are relieved and receive a central contact person who knows the processes within the company. In addition to supporting the operational business, we accompany the sales process in the case of transferred reorganisations (distressed M&A)
“DISTRESSED” M&A
The M&A process in a company crisis involves special challenges. Potential investors must be approached within a short period of time and shown individually why the company in crisis offers strategic added value for the investor. The necessary individualised sales documents have to be prepared in an often difficult data situation. The entire process must be structured and transparent to the highest degree for all parties involved. The different interests of the stakeholders must be taken into account.
F&P prepares this process and ensures its implementation with its cooperation partners Angermann Consult.