A corporate makeover

26 March, 2024

How Baker Tilly helped a company improve efficiency, profitability and cash flow

When a family-owned company operating across Europe suffered financial losses that impacted their future financing, they turned to our team of experts to help them restructure.  

Despite buoyant market conditions, the company had suffered substantial financial losses over a three-year period. With their negative financial results widely reported, they came under scrutiny within the banking community, prompting the need for an independent expert to confirm the company's viability for continued bank financing.  

And that’s when Baker Tilly’s team of restructuring experts stepped in.  

Adaptability, collaboration and decisive action 

Our team conducted an impartial assessment of the company's circumstances, analysing the root causes of the crisis and, in collaboration with the company’s management team, recommending restructuring measures.

With a view to the future and alleviating long-term liquidity and profitability strains, as part of the reorganisation plan, the company shed unprofitable investments and streamlined their organisational structure. In the short-term, however, this meant they suffered substantial financial losses and permanently reduced their equity, resulting in the need for additional short-term financing of approximately EUR 5 million.

Critical to obtaining that financing was restoring the company's credibility within the bank community, reversing the negative perception fuelled by wide-spread adverse news coverage around their poor performance. 

Action today, to secure a brighter tomorrow 

Our team successfully negotiated with the banks to reaffirm their commitment to the company and extend additional financial support. A year later, a follow-up mandate was also awarded.  

The impact of the restructuring measures was significant – the company emerged a more streamlined, efficient and financially stable entity, highlighting the positive outcomes of a well-executed restructuring plan.  

In 2024, the company completed its restructure.  

Discover our transactions expertise

Here to close the deal you’ve been planning – or bring the targets that will add real value to your business.

Related content

Report / Guide Transactions Global
29 April, 2024
Case study Transactions Manufacturing and distribution
26 March, 2024
Report / Guide Transactions Asia Pacific
20 March, 2024
Press release Transactions
5 February, 2024
Case study Transactions Technology, software and media
8 January, 2024
Report / Guide Transactions Tourism Caribbean
Gary Brough - Turks & Caicos Islands • 25 May, 2023
Report / Guide Transactions Global
25 May, 2023
Case study Transactions Manufacturing and distribution
12 April, 2023
Article Transactions Europe
23 May, 2022
Report / Guide Transactions Global
10 March, 2022
People on the ground.
Wherever the opportunity lands.
International enquiries

Multi-jurisdiction and cross-border services

National enquiries

Domestic expertise, local insights