Companies bouncing back after insolvency proceedings
Xavier Bailly, Partner at Eight Advisory, highlights anticipation as one of the key drivers of success for companies in receivership.
According to BPCE, nearly 69,000 bankruptcies could be recorded by 2025, with an increasing number of large SMEs and mid-cap companies being affected. The courts anticipate an increase in the use of receivership.
Companies are not alone in this real struggle. At their side, turnaround experts, such as those at Eight Advisory, are fully mobilised. Receivership, often seen as a last resort, can actually provide a valuable toolkit for restructuring the organisation, managing debt and revitalising the business. However, the success of this approach hinges on key factors: preparation and timing.
Xavier Bailly reminds us:
“It’s true that not everyone comes out of it successfully. But the earlier you start with a strategy to bounce back, the greater your chances are.”