PwC is a leader in the ALM Vanguard for Financial Distress and Recovery Consulting
Companies in distress benefit from intervention in the earliest stages, and leading consulting providers are driven to identify those companies that can benefit from a broad range of services. For both client and consultant, a demonstration of deep industry knowledge and the ability to make sense of changing insolvency rules in many global markets is paramount.
Diederick Van Der Plas, PwC’s Global Business Recovery Services Leader said: “At PwC, we work with companies and their stakeholders when they are facing financial or operational challenges. We help them quickly identify problems, gain cooperation, develop solutions and implement them with ease and precision. Our extensive global network means that we can quickly send the right experts to our clients, no matter where they are.”
The authors of the report, Tomek and Gabe, state that PwC was ‘best in class’ for ‘Operating System.’ They comment that “PwC brings in its breadth of capabilities to help the entire client organisation, including the handling of any IT-related issues as they apply to crisis and business performance. Its Deals practice provides many financial aspects of what it calls “operational restructuring,” and the broader firm delivers business improvement and organisational capabilities as well.”
With regards to the PwC vendor profile, they report that “PwC is one of the largest global providers of consulting that can bring business strategy and corporate finance services into the process early for companies in financial crisis. The firm has developed an earlystage focus and service offering for addressing all types of business crises (including financial) through its Global Crisis Centre. The centre offers a broad bench of talent that is available through all phases of recovery to include beneficial M&A solutions when needed.”
Diederick Van Der Plas added:
“We’re delighted to be recognised as a leader in Financial Distress & Recovery Consulting by ALM Intelligence. We are dedicated to helping our clients implement innovative and practical solutions to maximise financial value.”
*ALM Intelligence, formerly Kennedy Consulting Research & Advisory.
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PwC Global Analyst Relations, PwC United States
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