Turnaround Management

Normally a company crisis occurs neither suddenly nor without advance notice. Usually such a crisis results from market and competitor influences or from the encounter of many small crises and not completely solved problems. When companies have to deal with a crisis the first and most difficult steps are to identify the crisis and to admit to it.
The deterioration of business performance indicators is often related to individual events; structural, complex problems are not recognized or are not interpreted correctly, counteractive measures are not implemented. Companies slide from a strategic crisis to an operational crisis. The final phase leading to insolvency is then characterized by a cash-out.

           

The chances for a successful turnaround are good when the company reacts to a crisis as soon as possible. With our integrated approach ways out of the crisis will be found.

Our Approach

With a professional turnaround concept and the participation of experienced UNITY consultants, the trust of old and new investors will be regained and a sustainable turnaround will be achieved. Our network of partners in the areas of tax accountancy, legal advice and finance guarantees the ideal interlocking of approaches and expertise for the entire turnaround process. 

 

 

1. Identifying the extent of the crisis

2. Taking immediate measures

  • Creating awareness of the severeness of the situation
  • Identifying the shareholders’ contingent liabilities 
  • Assembling the turnaround team and determining authorities 
  • Identifying proponents and opponents of the turnaround
  • Developing the project plan
  • Short-term liquidity planning /ensuring solvency
  • Strengthening controlling activities
  • Release of disloyal employees 
  • Eliminating lossmakers

3. Developing the turnaround concept

4. Implementing restructuring measures

  • Redefining the strategic alignment
  • Determining restructuring measures
  • Designing and negotiation of the social plan
  • Designing, fine-tuning and presentation of the financing concept
  • Implementing the approved restructuring plan 
  • Introducing transparent processes
  • Creating a strong company culture

5. Ensuring a sustainable turnaround

  • Establishing the changes by consistently implementing the agreed-upon restructuring processes
  • Providing a basis for an immediate reaction to upcoming challenges and for the reliable management of the company
  • Ensuring the sustainable  company’s success
  • At this point we pull back as far as possible and provide support through selective coaching

 

 Mergers & Acquisitions

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Contact us

Tomas Pfänder
+49 2955 743-210
write E-Mail

Christian Grotebrune
+49 2955 743-425
write E-Mail


Reference Projects

In the interests of our clients, we keep the details of our projects confidential. But after initially discussing your needs with you, we will be happy to put you in contact with a client with whom we have successfully managed a turnaround so that you can get a better idea of how we operate.