When a company is stressed and distressed, it can seem like everything is going wrong at once: creditors demand faster payment, customers stop paying on time, capital expenditure is delayed, and liquidity is increasingly tight. For those experiencing some or all of these signs, it can be hard to know where to start to fix the problem.
The Deloitte Turnaround & Restructuring team helps clients react quickly and confidently under pressure and in the face of challenges.
Our South African team collectively has almost 50 years of restructuring experience, almost 20 of which in banking and private equity, which we leverage to navigate our clients through crisis and back to growth.
We do this by rapidly deploying teams to create a common information platform that all stakeholders can rely on. This gives all parties visibility over liquidity, financial viability, and other key risks. In our experience, this builds trust among stakeholders and provides a period of stability. We then offer our best-in-class stakeholder management and restructuring experience to help clients design a restructuring solution, negotiate the terms with stakeholders and implement the turnaround.
Our South Africa-based team is uniquely placed to support our clients for three key reasons:
- Our senior South African team has spent over 25 years in European restructuring markets, which gives you the comfort that we provide world-class, cutting-edge restructuring advice and solutions at local prices.
- We have a market leading knowledge of technical restructuring and insolvency law, with all team members accredited by at least one leading restructuring industry body with local and international qualifications.
- We have an unrivalled local and international network and can call on the right expert at a moment’s notice. This includes drawing on the breadth of Deloitte’s sector and financial advisory experts, lawyers, and potential investors. As your restructuring evolves, we evolve with it.
For many of our clients, restructuring is a new and unfamiliar world. We have a track record of delivering consensual solutions in stressful, time-pressured situations. Our goal is simple: to ensure this restructuring is your last.