Turnaround Consulting for the DACH Region
Resolve Financial Distress. Restore Profitable Growth.
In the DACH region, corporate crises are often met with denial before action. Hesitation in a liquidity crunch is the greatest liability. We provide the immediate leadership and operational execution required to stabilize liquidity and restore profitable growth for German, Austrian, and Swiss mid-market enterprises.
When to Engage Us
Early intervention preserves enterprise value. If your business is experiencing any of the following critical stress indicators, immediate operational and financial restructuring is required.
Liquidity Shortfalls
Impending inability to meet payroll, supplier payments, or tax obligations within the next 4 to 12 weeks.
Breached Covenants
Violation of financial covenants with banking syndicates, triggering acceleration clauses or credit line freezes.
Lender Hesitation
Banks refusing to extend additional credit or requiring independent turnaround confirmation before restructuring existing debt.
Margin Erosion
Rapid decline in core unit economics due to supply chain disruption, fixed cost overhead, or outdated pricing models.
01
Phase 1
Immediate Crisis Stabilization
We move within days to stop cash bleed and regain control of your liquidity. We bypass generic playbooks and apply a forensic, data-driven methodology tailored to the complexities of your business.
- Immediate Liquidity Control: We establish a transparent cash-office to track and manage all cash flow.
- Rapid Stabilization: We identify and execute immediate financial levers to stop cash hemorrhage.
- Stakeholder Consensus: We build alignment with works councils, key banks, and family shareholders to prevent operational friction.
- Legal Precision: We navigate local restructuring frameworks flawlessly, including StaRUG, ESUG Schutzschirmverfahren, and out-of-court reorganizations.
- On-the-Ground Execution: We provide bilingual, localized management to ensure sensitive negotiations preserve the company’s legacy.
02
Phase 2
Strategic Realignment & Value Restoration
Having steered over 100 mandates across the Mittelstand, we know that lasting turnarounds require fixing the core business, not just cutting costs. We realign operations to achieve sustainable unit economics and restore profitable growth without destroying enterprise value.
- Optimized Production: We realign production footprints to improve capital-intensive structures.
- Supply Chain Restructuring: We restructure supply chains for efficiency, reliability, and cost control.
- Portfolio Focus: We streamline product portfolios to concentrate resources on cash-generating units.
- Operational Excellence: We implement disciplined processes to drive a return to innovation leadership.
03
Phase 3
Embedded Interim Management
Strategy requires rigorous execution. We execute the turnaround plan directly alongside your team. We do not act as detached advisors; we take operational accountability for the results.
- Direct Operational Control: We embed interim managers directly into your C-suite and shop floor to take immediate charge.
- Decisive Execution: We implement the restructuring plan rapidly while ensuring business continuity.
- Knowledge Transfer: We transfer turnaround methodologies and management skills to your permanent staff to prevent future crises.
- Sustainable Independence: We establish financial discipline and decision-making clarity so your company thrives independently after our mandate ends.
Select Mandates
Case Studies
Anonymized overviews of recent turnaround mandates in the DACH region. Results driven by forensic analysis and operational execution.
Automotive Supplier
Germany
Revenue: €120M
Liquidity Crisis & Covenant Breach
Situation: A severe drop in EBITDA led to breached banking covenants. The syndicate froze credit lines, threatening immediate insolvency and the loss of 400 jobs.
Action: Deployed an interim CFO to establish a 13-week cash flow forecast and daily cash office. Negotiated a standstill agreement with banks under ESUG Schutzschirmverfahren. Realigned production footprint by consolidating two underutilized facilities.
Result: Restructured €45M of debt, returned to positive EBITDA within 9 months, and maintained 100% of workforce.
Precision Engineering
Switzerland
Revenue: €80M
Margin Erosion & Strategic Drift
Situation: Family-owned business facing rapid margin erosion due to unprofitable product variants and inefficient supply chain dependencies. Banks refused further extension of working capital.
Action: Executed a strategic portfolio review, divesting a low-margin product line that consumed 30% of working capital. Renegotiated key supplier contracts and implemented lean manufacturing protocols on the shop floor.
Result: Improved gross margin by 14%, secured new financing facilities based on improved unit economics, and restored family control.
Client Feedback
Testimonials
They moved in within 48 hours and had a grip on our cash situation by the end of the week. Without their decisive action and negotiation skills with our syndicate banks, we would not exist today. They did not just advise; they took responsibility.
CEO, Mid-Market Automotive Supplier
Unlike traditional consultants, they didn’t just hand us a slide deck. They embedded directly on the shop floor and worked hand-in-hand with our works council to realign production. They understood the cultural sensitivities of our family business perfectly.
Shareholder, Family-Owned Engineering Firm
Our Team
Managing Partners
Our team comprises Chief Restructuring Officers (CROs), legal specialists, and operational managers with decades of experience navigating the cultural and regulatory complexities of the DACH Mittelstand.
Dr. Jens-Heiko Adolph
Chief Restructuring Officer
Dr. Miodrag Konstantinović
Chief Restructuring Officer
Financial distress demands immediate action.
Contact our turnaround team today for a confidential assessment of your liquidity situation and a direct plan to stabilize and restore your business.