We explore all avenues for clients to protect and recover value.
Companies in financial distress engage KordaMentha to urgently restructure and stabilise their businesses, protecting not only monetary value at risk but also their reputation and social licence, and those of their key stakeholders. Taking bold and creative steps, we solve their most pressing transactional and commercial challenges.
How we can help you
Clients rely on our independence and expertise to provide clarity in critical situations.
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Exploring all avenues for stabilisation, we improve efficiencies in capital structure, resourcing, processes, procedures and controls. We identify opportunities for reducing costs, enhancing productivity and revenue and divesting distressed assets. Where necessary, we help clients manage the sale of the business.
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We provide financial and strategic advisory services to clients navigating capital structure challenges. Our senior team has a reputation for independent, creative advice and capital raising solutions that facilitate consensual outcomes and maximise value for all stakeholders.
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Companies are often confronted with liquidity problems, excessive debt or leverage, underperformance, over-expansion and other business, operational or financial issues. As trusted advisors, or undertaking interim management or board of director roles, we provide financial and operational stabilisation.
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We assist creditors to optimise recoveries when affected by borrowers or customers in distressed situations. This often involves advising creditors about identifying and managing risk, protecting their positions and preserving and recovering maximum value in the business and/or its assets.
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As receivers and managers, we mitigate risks faced by secured lenders. As administrators, we preserve the going concern and maximise value for all stakeholders. As liquidators in solvent and insolvent contexts, we recover value – even when all seems lost.
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We help clients identify eligibility for safe harbour, develop a comprehensive turnaround plan with clear objectives and milestones and demonstrate the turnaround plan is likely to lead to a better outcome than the immediate appointment of an administrator or liquidator.
Our experience
We bring an evidence-based approach to our work with a strong emphasis on action and results.
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Helping to save Whyalla
Australia’s leading steel long products manufacturing and distribution business was under crippling debt of over $4 billion. KordaMentha was appointed to restructure the business and save the city of Whyalla - a community entirely dependent on Arrium’s mining and steelworks operations.
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Restructure of Australia's leading women's swimwear brand
The administration of Seafolly resulted in a consolidated and stronger business following its restructure, coupled with the strategic acquisition of rival brand Jets Swimwear during the administration. All employee entitlements were either preserved or paid in full.
All my experiences working with KordaMentha have been positive despite some very challenging situations… what differentiates them is that they own the client’s objectives.
