Business Restructuring Services (BRS)

PwC is one of the world's largest providers of business restructuring, business recovery and insolvency services. Active in 154 countries, our global network of over 2,000 highly skilled professionals can rapidly deploy cross-border services to stakeholders in troubled and seriously underperforming businesses. Our BRS professionals are valued by clients for their ability to quickly identify problems, gain cooperation, develop viable solutions and implement them with sensitivity and precision. Our experienced teams can offer a full range of advisory and implementation services, from turnaround and restructuring plans to optimised exit strategies.

As part of this network, we have a full service offering in the Middle East region.

Your challenge

Regardless of the reasons that lie at the cause of your challenges, the following symptoms indicate that a situation exists where our experience may be of benefit to you:

  • there is a downturn in your market or shifting consumer preferences
  • the company faces an actual or potential breach of covenant
  • there is excessive debt or poor liquidity
  • a credit rating downgrade is looming
  • the company is trading at distressed levels
  • corporate structure is no longer aligned with your business objectives
  • units or subsidiaries are operating inconsistently with group strategy. There is a need, or desire, to divest/sell-off some non-core operations
  • as a business or financial stakeholder, you have concerns about the business and wish to appoint independent reporting accountants to review the situation and provide available  options
  • as a stakeholder in a distressed business, you need to manage your exposure, both legal and financial
  • capital structure needs to change
  • you need to enter into discussions with your lenders

How we can support you

Our teams spend their professional lives dealing with the situational dynamics that a financially challenged business and its financial stakeholders may face. We can provide the required support to any stakeholder (stakeholder group) in a financially distressed situation. This can be achieved by a combination of some, or all, of the following:

  • an independent business review – usually covers an analysis of where are we, why are we not where we thought we’d be, where are we planning to go in the future, how realistic is our plan and what challenges are to be faced
  • an options review – what different options exist; what are the pros and cons of each, and what would we  recommend as the way forward
  • financial advise and assistance in the design, negotiation and implementation of the situation
  • contingency planning – what is plan B if the consensual restructuring cannot be achieved? – we can design an plan for a variety of scenarios
  • corporate simplification – how to make the group structure simpler, reduce operating costs and, hopefully, release capital
  • optimised exits – assisting in the design and execution of a controlled exit plan to preserve and maximise value
  • business and operational restructuring – we can devise, or review, such plans, or report on new progress and implementation
  • corporate insolvency – subject to local legislation and regulation we may deal with corporate insolvency either as the insolvency office holder, or by providing the support such an office may require