Performance Improvement & Restructuring

Helping businesses restore performance, unlock immediate cost savings and reduce organisational complexity to free up resources for digitalisation and enable sustainable growth.

• Assessment of financial and operational performance challenges, including root causes of under performance
• Identification of immediate cost, cash, working capital and efficiency improvement opportunities
• Streamlining of organisational structures and processes to reduce complexity and enable future digitalised growth
• Development of practical performance improvement and downturn planning roadmaps with clear priorities and milestones
• Hands-on implementation support, including stakeholder management, to deliver rapid and sustainable results

Supporting businesses with orderly exits, wind-downs and solvent liquidations while preserving value and safeguarding reputation.

• Assessment of feasible exit routes, including sale, wind-down or closure options
• Planning and management of key exit milestones, costs and stakeholder communication
• Analysis of operational, financial, legal, tax, HR and regulatory implications to formulate risk mitigation strategies and support implementation
• Acting as liquidator or providing hands-on implementation support, including delivering a full operational wind-down, managing the regulatory dialogue and coordinating with the commercial register through to final removal

A. Legal Entity Target Structure

Designing and implementing legal entity structures to
support transactions, reorganisations and future business needs.

• Assessment of the current legal entity footprint and definition of a target legal entity structure
• Development of legal step plans, tax design, functional activity lists and execution roadmaps
• Comprehensive financial modelling and quantitative assessment of transaction impacts, including pro forma target-state financials to support business case development and decision-making
• Providing implementation support across legal, tax, regulatory, finance and operations, drawing on Deloitte’s deep subject matter and industry expertise, and leveraging Deloitte’s global network for regulatory outreach and implementation capability in relevant jurisdictions
• Navigating changes to legal entity structures by supporting approvals from the relevant board and steering committee and managing stakeholders globally
  

B. Legal Entity Simplification

Simplifying legal entity structures to reduce complexity, lower costs and improve governance.

• Assessment of the existing legal entity structure, including cost, tax, regulatory and risk considerations, with one-off and recurring costs captured in a cost-benefit analysis
• Identification of redundant or non-value-adding entities within the group structure
• Alignment of the refined legal entity structure with the business model, tax position and transfer pricing approach
• Hands-on implementation support across jurisdictions, including acting as liquidator locally, drawing on Deloitte’s global network, contacts and relationships in relevant jurisdictions, while minimising disruption to day-to-day business and supporting dissolution and removal from the commercial register

Providing independent reviews of liquidity, cash flow and business plans to support informed stakeholder decisions.

• Review of liquidity forecasts, short-term funding requirements and key cash flow drivers
• Assessment of intra-month peak requirements, vulnerabilities and potential upsides
• Stress testing of business plans, including revenue, cost and cash conversion assumptions
• Evaluation of debt capacity, future funding needs and realistic restructuring, refinancing or distressed M&A options
• Customisation to meet local requirements such as the S-6
• Development of a robust, bankable business plan to support successful refinancing or financial restructuring
  

Helping companies assess realistic strategic options when performance, funding or growth are under pressure.

• Independent assessment of strategic options, including Fix, Sell or Close, underpinned by operational and financial
  considerations
• Assessment of funding constraints, stakeholder priorities, underperforming businesses and non-core assets
• Evaluation of options to protect value, address legacy issues and enable future growth
• Support in selecting and implementing the most appropriate path forward

Providing independent debt and capital advice across the funding lifecycle to support financial restructuring and strategic transactions, connecting our Swiss team with Deloitte’s international debt advisory network.

• Assessment of financing requirements, capital structure alternatives, debt service capacity, dividend capacity,
  financing terms and appropriate funding instruments
• Support with acquisition financing, raising fresh equity, debt refinancing, private debt options, funding cost analysis, liquidity management and lender negotiations in turnaround or stressed situations
• Preparation of financial analysis, financing documentation and lender materials to support efficient financing and refinancing processes
• Access to relevant financing options through Deloitte’s Global Debt practice, including London colleagues, more than 200 debt professionals across 30 countries and a broad lender network       
• Execution support to increase funding capacity, optimise financing costs, improve financial resilience, address covenant matters and support strategic and operational priorities