Restructuring and Turnaround

BDO Consulting provides restructuring and turnaround services to assist underperforming or struggling organizations in a financial and operational capacity. Whether our clients are suffering from market conditions, liquidity constraints, deteriorating operations or are in an over-leveraged position, our skilled professionals assist them with a multitude of issues and provide financial and operational guidance.

We work directly with management to quickly stabilize performance by developing and implementing a strategic plan that addresses the immediate challenges an organization is facing. Our professionals then assist clients in developing a long term comprehensive plan that is built on their organization’s unique strengths. We also advise management on the restructuring and turnaround process and financial and operational issues, helping an organization restore confidence in its lenders, creditors and investors.

BDO Consulting has represented various stakeholders and mixed creditor bodies in complex bankruptcy matters as well as in out-of-court workouts. Many of the clients we have represented include trade, secured and subordinated creditors, as well as bondholders and shareholders.

Our Restructuring Services

Corporate turnaround services
Cross-border and multinational restructurings
Financial advisory services during the Chapter 11 process

Interim crisis management
Out-of-court workouts
Preparation and implementation of business and restructuring plans
Preparation for bankruptcy

Our Turnaround Services Professionals

BDO Consulting’s professionals have diverse backgrounds and a wealth of industry, financial and operational expertise. They draw upon their backgrounds as former operating executives, and are credentialed variously as certified public accountants, certified turnaround professionals, certified insolvency and reorganization advisors and certified fraud examiners. These restructuring and turnaround professionals provide value by resolving the issues that threaten the future of client organizations.

Business Restructuring Services

Manage cash and working capital
Model cash flow
Evaluate viability of operations
Prepare liquidation analyses
Identify and analyze assumptions, business plan forecasts and projections
Assess feasibility of business plans
Analyze reorganization plans and alternatives

Assist in the development of exit strategies
Assist with debt restructuring
Negotiate with creditors
Perform business valuations
Assist in the preservation of tax attributes, NOLs, insolvency and bankruptcy issues and tax compliance