Turnaround and Restructuring Consulting
Turnaround and restructuring align cash, cost, and revenue to stop the bleed and rebuild value. Our business restructuring services deliver fast liquidity actions and a clear plan for restructuring and turnaround consulting that sticks.
What Is Turnaround and Restructuring?
Independent restructuring consulting that stabilizes liquidity, rightsizes the cost base, fixes operational flow, and restores lender and board confidence. We connect corporate restructuring services to a weekly scorecard with cash and EBITDA as north stars.
Why It Matters and How It Works
Filings remain elevated: global bankruptcies rose in 2024 and are projected to grow another 6% in 2025, while other outlooks see levels staying high before easing in 2026 (-5% in 2026). In this backdrop, disciplined turnarounds win: focus on cash-in, fast cost actions, customer retention, and lender alignment, then move to operational fixes and growth workstreams. Big transformations succeed far more often when best practices are applied (success rate up to ~55%).
Turnaround and Restructuring Services We Offer
Rapid Liquidity
Cash triage, 13 week cash flow, working capital sprints, and quick wins on terms and collections.
Cost Reset
Zero based look at SG&A and COGS, vendor scorecards, footprint options, and contract reviews.
Operational Fixes
Throughput, schedule and yield, service backlog, and quality escapes with owner level routines.
Revenue and Pricing
Offer and price tests, discount guardrails, win loss reviews, and pipeline hygiene with finance sign-off.
Stakeholder Alignment
Lender packs, board updates, covenant management, and options analysis in plain language.
Interim Leadership
Experienced CFO, CRO, and PMO support to keep cadence while leadership bandwidth is tight.
Typical Steps
- Stabilize. Cash wall, liquidity levers, pay and collect rules, and vendor talks.
- Diagnose. Unit economics, product and customer P&L, and operational bottlenecks.
- Choices. Portfolio and footprint options, cost moves, and quick revenue actions.
- Plan. 90 day sprints with a weekly scorecard and clear owners and dates.
- Execute. Track variances, escalate risks, and publish lender ready reports.
- Transform. Move from turnaround to performance improvement and growth.
Results You Can Track
| Outcome | What We Track | Why It Pays Off |
|---|---|---|
| Improved liquidity | Weekly cash, DSO and DPO, inventory days | Elevated insolvency risk rewards tight working capital control in a rising or high default environment (+6% global in 2025). |
| Lower run rate | SG&A and COGS per unit, vendor savings, footprint cost | Executives globally are prioritizing enterprise cost campaigns to protect margins BCG analysis. |
| Faster recovery | Throughput, cycle time, first pass yield | Disciplined roadmaps with focused milestones raise success rates by 15 to 40 points BCG study. |
| Stakeholder confidence | Covenant headroom, variance closures, timely packs | Transparent reporting and early optioning reduce surprises as restructurings remain active PwC outlook. |
Restructuring Insights at a Glance
Global bankruptcies: +6% in 2025
High levels then easing in 2026
Transformations: up to ~55% success
Restructuring activity to stay high
Interim leadership fills critical gaps
Turnaround know-how matters
FAQs
What triggers a formal turnaround plan?
Cash pressure, covenant strain, supplier risk, or a sustained miss to plan. We start with cash and unit economics, then map options and stakeholders.
How long does a restructuring take?
Stabilization often lands in 2 to 6 weeks; structural moves roll through 3 to 6 months; the full performance push continues after liquidity is secure.
Do we need interim leadership?
When bandwidth is thin or skills are specialized, an interim CRO or CFO keeps cadence and credibility while permanent roles are resolved.