When a company is underperforming and value is at risk, KPMG Turnaround & Restructuring teams help clients respond with confidence. Through our extensive global network, we bring together local market knowledge and cross-border experience to identify and implement practical solutions across the full spectrum from underperformance and stress through to distress and insolvency.

Working alongside management, boards, lenders and other stakeholders, our teams combine core Turnaround & Restructuring expertise with capabilities from across the wider KPMG network. This integrated approach draws on specialists in areas such as strategy, value creation, M&A, debt and equity advisory, tax, pensions, valuations, forensic, technology and transformation to address the broader enterprise issues that often sit behind financial pressure.

Our objective is not only to stabilise the immediate situation, but to protect and create lasting value, helping clients deliver the operational and strategic change needed to restore performance and build a more sustainable future.

Turnaround

Our Turnaround teams support businesses from early underperformance through to acute crisis. Drawing on extensive global experience and the wider firm’s sector, operational, technology and transformation capabilities, we provide practical, data-led support to stabilise performance, improve cash and working capital, and deliver sustainable enterprise-wide change. Our connected network enables us to mobilise the right local and cross-border expertise for mid-market businesses and complex international groups alike. Turnaround services include:

• Short term cash forecasting
• Crisis cash management
• Operational Restructuring (including CRO services)
• Fix, Sell, Close
• Risk Management Solutions.

Our Financial Restructuring teams help companies, lenders and investors navigate periods of intense financial pressure. Leveraging relationships with finance providers and the strength of our global network, we assess options, build stakeholder support and implement solutions that restore liquidity and create a sustainable capital structure. Financial Restructuring services include:

• Appraisal and stabilisation
• Stakeholder negotiations
• Development of planning and implementation strategies
• Impaired loan advisory services
• Restructuring Plans
• Options analysis for companies and/or their lenders including financial restructuring, and assessment of M&A, refinancing, moratoria and other options
• Contingency planning to support restructuring options analysis and advice
• Schemes of arrangement.

Our Insolvency teams combine strong local statutory and regulatory expertise with the reach of a responsive global network of KPMG member firms. We support stakeholders through formal and consensual processes, including complex multi-jurisdictional situations, and can draw on wider KPMG capabilities in areas such as forensic investigation, asset tracing, tax, M&A and sector expertise. This multidisciplinary approach enables our experienced member firm practitioners to develop and execute practical solutions with confidence and discretion, with the aim of preserving value and securing the best available outcome for stakeholders. Insolvency services include:

• Corporate insolvency – court appointed or non-court appointed
• Corporate simplification – solvent
• Contentious insolvency & asset chasing 
• Creditor compromises and cramdowns
• Contingency planning
• Personal insolvency
• Multi-jurisdictional insolvency.