Boards and executives alike face intensifying challenges in steering companies through financial and operational turbulence. Economic pressures are mounting, and markets are shifting at an unprecedented pace, while stakeholders demand agile responses that preserve value and drive growth. The stakes are high, and companies are expected to achieve impactful results with increased efficiency—even in the face of disruptive market forces and evolving risks.
With deep expertise across industries, Covelent is uniquely positioned to guide businesses through the dual challenges of Restructuring and Turnaround Consulting. Our focus on stabilising operations and crafting resilient Corporate Strategy solutions allows us to address immediate performance needs while laying the groundwork for sustainable transformation and future success.
Our Approach to Restructuring and Turnaround Consulting
Whether a company is experiencing financial distress, operational inefficiencies, or strategic misalignment, Covelent offers a structured approach to Restructuring and Turnaround. We engage closely with your leadership team to understand the root causes of financial underperformance and to craft a clear path toward recovery. Our Restructuring Consulting expertise, paired with our experience in Turnaround Consulting, ensures that each stage of the transformation process is meticulously executed, delivering measurable outcomes.
Our Restructuring and Turnaround Consulting Services
For Corporate Restructuring
- Distressed M&A, Carve-outs and Spin-offs
Developing tailored M&A strategies for distressed companies and underperforming business units. Our team provides interim C-level managers to stabilise operations during the transaction and ensures a smooth transition for all stakeholders. These efforts are bolstered by our proprietary benchmarking and forecasting methods, driving consistent value creation. - Independent Business Review
Conducting an in-depth assessment of a company’s current position and future potential to support constructive dialogue between management, shareholders, and creditors. When a judicially driven or formal restructuring of obligations is necessary, our experts provide comprehensive support and can act as independent expert witnesses to lend credibility to restructuring strategies. - Critical Insolvency Support
Guiding management and stakeholders through the complexities of restructuring and insolvency, including legal considerations and operational adaptations. In these scenarios, our professionals often take on roles such as Chief Restructuring Officer, offering leadership and expertise to stabilise the company and ensure clarity throughout the process. - Dedicated Restructuring Office
Partnering with leadership to establish a dedicated Restructuring Office to oversee the implementation of recovery plans. This includes leveraging Covelent's tools and solutions to design a recovery blueprint focused on long-term performance and value creation, rather than addressing immediate crises.
For Turnarounds
- Expedited Turnaround Planning
Crafting a detailed turnaround plan focused on restoring revenue, optimising profitability, and improving cash flow. Where required, we deploy a special operations team of crisis-management experts or interim C-suite managers to stabilise operations and rebuild relationships with key stakeholders. Our plans prioritise long-term value creation through a robust operating model designed to endure beyond the immediate crisis. - Proactive Cash Office
Establishing a focused and proactive Cash Office to stabilise short- and medium-term cash flow, optimise working capital, and enhance financial control. This helps organisations navigate uncertainty effectively while laying the groundwork for sustained recovery. - Operating Model Redesign
By crafting an operating model with a time horizon well beyond the crisis period, we focus on creating sustainable value rather than offering quick fixes. - Project and Programme Assurance
Capital investments into change and transformation can often impact short to medium term liquidity during times of crisis. Our discreet Project Assurance experts can be deployed to cast an immediate critical lens to inflight projects, firming up forecasts, stabilising cash flow and provide key independent insights into project health across the organisation.
Distilling Complexity
At Covelent, we understand that every Restructuring and everyTurnaround is implicitly unique, requiring a fundamentally tailored approach. Our Restructuring and Turnaround Consultants bring extensive industry experience, offering solutions that are innovative and grounded in proven methodologies.
- Experienced Professionals: Our team comprises seasoned experts in Turnaround Consulting, Corporate Strategy, and Transformation, committed to delivering sustainable value.
- Data-Driven Insights: Using data analytics, we provide insights that inform every step of the Restructuring process, from diagnostic assessments to performance improvement initiatives.
- Client-Centric Solutions: Our Restructuring and Turnaround services are client-focused, offering solutions that are highly customised to each client’s unique circumstances.
Transformation through Restructuring and Turnaround Consulting
Covelent’s approach to Transformation integrates both Restructuring Consulting and Turnaround Consulting with an eye on long-term stability and growth. We don’t just focus on immediate recovery; we also build the foundation for future resilience by aligning our Corporate Strategy solutions with your vision.
