Turnaround management

Turning around a troubled business requires specialized competences to develop and swiftly execute lasting changes to the business model.

Our Turnaround Management team can support you to:

  • define and implement a recovery plan preserving the remaining value
  • take on liquidity crisis, gaining visibility on projections and control over treasury processes
  • improve working capital cash conversion and execute non-core assets disposal
  • identify and carry out profitability quick gains
  • design and manage structural changes to the business model
  • recruit “plug and play” managers to take on interim roles in distressed environments
supervisione, stabilizzazione, programma di intervento, gestione delle comunicazioni, individuazione del percorso, protezione business

A proactive and pragmatic approach to restructuring

 

Our objective is to quickly implement realistic and long lasting changes of the business model.

 

The PwC team is able to offer tailored services, either in advisory capacity working alongside management or taking on interim senior leadership roles within the distressed company.

 

competenze multi-disciplinari, obiettivi condivisi, fact based, know-how, hands-on

Distinctive Features of Our Approach

 

Senior professionals are allocated on a full-time basis to make sure that ‘things get done’ and to provide leadership for effective business transformation.

 

Industry and functional competencies are selected from the PwC network and managed leveraging on our local specialized expertise.

 

The results we deliver

Our Turnaround Management team ensures seamless action throughout the entire restructuring processes and consistency between original design and actual delivery.

We offer continuous support beyond the objectives setting and plan design, leading also the implementation phase.

Diagnosis & business stabilisation

  • Identify of crisis triggering root causes
  • Short term liquidity management to ensure business continuity

 

Turnaround plan preparation

 

  • Set restructuring objectives and strategy
  • Develop shared, strong and reliable business plan
  • Define detailed and measurable action plan

 

 

Stakeholder negotiations

  • Pro-active management of the communication and negotiation with the stakeholder, while ensuring the continuity of day-to-day operations

 

Plan execution

 

  • Direct involvement in the execution of the agreed action plan
  • Promptly remediate delays and variances

 

 

Exit support

  • Define and execute the exit strategy or equity strengthen, through M&A competencies and access to a vast network of international investors

 

Why PwC?

PwC’s Turnaround Management team, with a significant consulting and corporate experience, is able to offer flexible and effective solutions both to family businesses as well as to more structured corporates

Independency and transparency

Our brand reputation as leader in professional services is a guarantee of fully independent and transparent approach

View more

Management discontinuity

Our professionals can take on executive and board roles directly accountable for the restructuring process, a credible and efficient counterpart to all the stakeholders

View more

Flexible approach

Tailor made scalable solutions to adapt to large corporate as well as to SMI and flexibility in setting the scope of the engagement  

View more

One Stop Shop

Single point of reference, able to provide a 360 degrees support, leveraging on the extensive national and international network

View more

Interest alignment

Compensation is comprised of a retainer and a success fee triggered by the achievement of common objectives

View more

Realistic and sustainable action plan

Set and execute realistic actions plan with a team lead by senior resources with relevant functional and industry competences

View more

{{filterContent.facetedTitle}}

{{contentList.dataService.numberHits}} {{contentList.dataService.numberHits == 1 ? 'result' : 'results'}}
{{contentList.loadingText}}

Contact us

Marco Ghiringhelli

Partner, PwC Italy

Tel: +39 02 66720022

Follow us