Turnaround Management
Today's businesses face an increasing array of challenges, from rapid technological change to heightened competition and global economic uncertainty. This fundamental struggle with change, particularly in over-leveraged situations, has the potential to create a crisis environment rife with operational and financial problems.
Through our Turnaround Advisory practice, Pratush offers critical assistance to companies who are under-performing, in crisis or healthy with underperforming divisions. Working directly with company management, Pratush helps stabilize financial and operational performance by developing and implementing comprehensive profitability and working capital plans. Pratush involvement reassures creditors that the company is taking important steps to address its problems and maximize its value.
During a restructuring, Pratush works with the company in whatever capacity to best meet client needs. Whether providing advice on specific aspects of the turnaround process or stepping in as managers responsible for developing and implementing the turnaround plan, our teams provide the expertise and leadership necessary to achieve the desired outcome.
Turnaround Advisory services include:
- Financial restructuring
- Substitution of high-cost borrowings with low-cost borrowings
- Operational restructuring, cost structure studies and process improvement
- Advising on optimal utilization of resources
- Appraisal of units to ascertain medium and long-term viability
- Representation and registration of sick companies with BIFR/CDR
- Negotiating one-time settlements
- Devising of restructuring plans and ensuring rehabilitation
- Reorganization of bankrupt companies to make them interesting to investors
- Scouting for financial partners/strategic investors for possible takeover
- Advisory services to management on an ongoing basis