Specialist services
Restructuring
Is it time to evaluate, reevaluate, and rebuild?
About Service
In the dynamic journey of a business, various challenges arise, ranging from growth obstacles and cash flow management to global events, geopolitical issues, and unforeseen disasters that can have a significant impact. TIIN’s team of restructuring experts collaborates with organizations, advisers, lenders, trustees, and creditors to deliver customized solutions at every stage of the business cycle. We recognize that each business faces unique challenges.
Here are some common issues we assist our clients in resolving:
- Developing an effective turnaround strategy
- Managing risk by simplifying corporate structure
- Assessing the strength of defined benefit pension covenant
- Monitoring emerging financial risks
- Preserving value in distressed real estate projects
- Optimizing outcomes in formal insolvency processes
- Securing suitable funding solutions
- Identifying and recovering assets in contentious insolvency cases
- Navigating accelerated transactions
We provide practical advice to propel your business forward. As an integrated team, we pool our skills, insights, and resources, guided by a client-centric approach rooted in a deep understanding of your business needs. Our professionals specialize in collaborating with company directors, financial institutions, turnaround experts, and venture capitalists. We offer innovative corporate restructuring solutions that allow clients to seize opportunities while mitigating risks. Moreover, we have extensive experience in handling personal and corporate insolvency cases, demonstrating a proven track record of maximizing recoveries through collaboration with banks and financial institutions.
Addressing Challenges with Tailored Solutions
TIIN member firms are well-equipped to provide comprehensive restructuring services to clients spanning various industries and sectors. We offer a wide range of solutions tailored to specific needs and circumstances.
For Businesses:
- Financial advisory services: Assisting with financial planning, analysis, and strategy.
- Independent business reviews: Conducting comprehensive assessments of business performance.
- Management consultation and assessment: Providing guidance and support to enhance management effectiveness.
- Viability reports: Assessing the sustainability and prospects of a business.
- Corporate simplification: Streamlining corporate structures for efficiency and cost reduction.
For Individuals and Partnerships:
- Debt advisory: Offering guidance on debt management and repayment strategies.
- Creditor negotiation: Facilitating negotiations with creditors to reach favorable arrangements.
- Financing solutions: Exploring options for obtaining financing to address financial challenges.
- Formal and informal creditor arrangements: Assisting with formal agreements or informal negotiations with creditors.
- Dissolutions: Managing the process of dissolving partnerships or entities.
- Formal insolvency and bankruptcy: Providing expert guidance through formal insolvency proceedings.
For Troubled Businesses:
- Cash management solutions: Implementing strategies to optimize cash flow and liquidity.
- Out-of-court restructuring and turnaround: Assisting with restructuring efforts outside of formal insolvency proceedings.
- Exit planning: Developing strategies and plans for businesses considering exit or divestment.
- Investor and creditor relations and negotiations: Facilitating communication and negotiations with stakeholders.
- Refinancing and debt-for-equity swaps: Exploring options for refinancing or converting debt into equity.
- Expedited acquisitions and disposals: Assisting with fast-tracked acquisitions or divestments.
- Forensic investigations, fraud, and asset tracing: Conducting investigations to uncover fraud and trace assets.
- Valuation and shareholder disputes: Providing expert valuation services and resolving shareholder disputes.
- Expert witness services: Offering expert testimony in legal proceedings.
- Pre-packaged insolvencies: Assisting with planned insolvencies for a swift and controlled process.
- Formal insolvencies: Guiding businesses through formal insolvency procedures.
Industry Experience:
We have a deep understanding of various industries and possess specific expertise in sectors such as agribusiness, automotive, charities and education, chemicals, construction, engineering, financial services, healthcare, hospitality and leisure, manufacturing, pharmaceuticals, public sector, property, printing, retail, recruitment, travel, technology, media and telecoms, transportation and logistics, and waste management and recycling.
Related insights
Frequently Asked Questions (FAQs)
Financial due diligence plays a crucial role in various business transactions, such as acquisitions, disposals, or refinancing initiatives. Its primary purpose is to gain insights into the financial position and performance of a business, enabling stakeholders to assess the associated risks. By conducting financial due diligence, organizations can critically evaluate the assumptions underlying a business valuation presented in an offer letter or term sheet.
The main objective of financial due diligence is to identify and evaluate potential risks within a transaction and explore strategies to manage, mitigate, or avoid those risks. This process involves a thorough investigation and analysis of the business, including a comprehensive review of its profit and loss account, balance sheet, and cash flows. In some cases, financial due diligence may also involve an assessment of financial projections to gain a deeper understanding of future prospects.
Furthermore, the scope of work typically encompasses considerations related to the offer letter and completion mechanics. This may involve examining factors such as normalised working capital and pricing adjustments, often achieved through debt definitions. By conducting a comprehensive financial due diligence process, organizations can make informed decisions and negotiate transaction terms with a clearer understanding of the financial aspects involved.
Performing due diligence is a crucial step in risk mitigation for transactions. To ensure a comprehensive understanding of the transaction details, parties involved often conduct a financial due diligence report. The specific scope of the due diligence is determined by the nature of the deal, but it typically includes:
- In-depth analysis of historical performance, working capital, cash flows, and assets and liabilities.
- Assessment of the quality of earnings underlying the transaction.
- Identification of pricing considerations and factors that may impact valuation.
- Analysis of the tax position of the business involved.
In certain circumstances and jurisdictions, there may also be a review of management’s forecasts, including an evaluation of the business’s working capital requirements.
Our reports strive to provide a concise summary of key findings and issues identified during the due diligence process. We also offer insights into associated risks and implications for the transaction, including integration and post-deal considerations. By conducting thorough financial due diligence, stakeholders can make informed decisions and address potential risks effectively.
Depending on what is necessary, there are many different ways to perform due diligence. The nature and magnitude of a possible transaction will determine the scope and degree of a due diligence study. However, due diligence frequently includes:
prudence in finances
prudence in legal matters
business due diligence
Due diligence in IT/Cyber
accounting diligence
responsible environmental behavior
