Restructuring & Turnaround
Rising interest rates and economic pressures have driven increased restructuring activity across European sectors. Understanding restructuring dynamics helps entrepreneurs navigate challenges and identify distressed M&A opportunities.
- Leading Restructuring Advisors
- Specialised advisory firms guiding distressed companies through financial and operational challenges
- Houlihan Lokey
- PJT Partners
- Rothschild & Co
- Alvarez & Marsal
- Restructuring Categories
- Different approaches depending on severity and nature of distress
- Financial Restructuring
- Renegotiating capital structure to address overleveraged balance sheets and restore solvency
- Operational Turnaround
- Implementing operational improvements to restore profitability and cash generation
- Formal Insolvency
- Court-supervised processes including administration, liquidation, and pre-pack sales
- Distressed Sectors in Europe
- Real estate and retail lead distress levels as structural shifts accelerate
- Real Estate
- Healthcare/Care Homes
- European Restructuring Regimes
- Each jurisdiction offers different tools and timelines for corporate restructuring
- What Drives Distressed Valuations
- Key factors that influence restructuring outcomes and creditor recoveries
- Going Concern Value
- Restructured companies are valued on projected normalised earnings with appropriate risk discount
- Creditor Recovery
- Stakeholder negotiations driven by relative recovery expectations under various scenarios
- New Money Terms
- Fresh capital injection pricing reflects elevated risk and creditor priority
- Time to Resolution
- Speed of restructuring impacts value preservation and stakeholder outcomes
- Early Warning Signs
- Indicators that a company may be heading toward financial distress
- Covenant Breach Risk
- Approaching or breaching financial covenants in credit agreements
- Liquidity Crisis
- Cash runway below 6 months, working capital strain
- Supplier Pressure
- Management Turnover
- Audit Concerns
- Customer Attrition
- Key customer losses, revenue decline acceleration
- Debtwire European Distressed Debt Report 2024, Reorg Research Restructuring Review 2024/2025, S&P Global European Corporate Distress 2024, Weil Restructuring Tracker 2024, INSOL International Annual Report 2024
- Navigate Your Restructuring Options
- Get a professional valuation and understand the options available for your business situation.
- Built for European businesses
- Free to start. No account needed for the instant benchmark.
- The one success fee we intend to charge, only when a deal closes.
- The instant benchmark takes under 60 seconds.
- Owners across the EU, EEA, UK and wider Europe can use the valuation form.
- Export or permanently delete everything we hold, any time.
- Manufacturing & industry
- Technology & telecoms
- Consumer, retail & media
- Healthcare & education
- Professional & financial services
- Energy, transport & agriculture
- FOR BUYERS
- FOR SELLERS
- Ready to know your number?
- The instant benchmark gives you an indicative value range in under 60 seconds, measured against completed sales of medium sized European businesses. The full valuation takes about 5 minutes, uses your own financials and shows up to four methods. Both are free. Both are indicative estimates, not a formal appraisal.
- The one success fee we intend to charge applies only when a deal closes. Provisional. No engagement letter has been drafted yet, so this is how we intend to charge rather than terms you can hold us to.
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