Our New Zealand team is part of a global network of approximately 1,750 restructuring professionals, as well as sector and technical specialists. We typically work with the management and/or owners of distressed businesses who are responsible for underperforming divisions and business units and are seeking radical changes to improve performance.
We can provide restructuring services that include, but are not limited to:
- completing independent business diagnostics reviews for lenders, focused on existing (and new) customer viability, strategic direction and/or operational improvement
- conducting credit assessments on both individual exposures and customer/industry portfolios
- assessing options, often involving Deloitte’s wider advisory teams to assess the full suite of options, including detailed fallback planning
- developing performance improvement plans to increase profitability
- completing working capital assessments, with a view to improving both short and long term cash flows and working capital management within the customers’ business
- providing workout solutions, including both formal and informal appointments. Often the solutions will involve restructuring and/or some form of sale, and in the case of the latter, we work closely with colleagues in our Accelerated M&A team
- formulating milestones to facilitate the turnaround of an organisation and ongoing monitoring to ensure all parties are held accountable.
If a consensual route is not possible, our team’s specialist knowledge of insolvency legislation covers all the options for undertaking a formal insolvency process. Options might include administrations, receiverships, liquidations, & creditor’s compromises. These options can be viewed in more detail here.
