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HomeTurnaround or Restructure a Business

Turnaround and operational restructuring

Turnaround and Operational Restructuring

In challenging situations, such as underperformance or loss of control, we step in as trusted advisors to restore value.

Financial Structuring & Debt financing / refinancing

In the context of the raise of financing, we interact between the lenders and you.

Turnaround and Operational Restructuring

In challenging situations, such as underperformance or loss of control, we step in as trusted advisors to restore value.

In challenging situations, such as underperformance or loss of control, we step in as trusted advisors to restore value.

IBR Due Diligence

We help our clients reassure their lenders and demonstrate their ability to honour their commitments.

Agreed Upon Procedures

We formulate agreed-upon procedures reports to meet specific client needs.

Turnaround Plan

We provide operational field support for restructuring based on our multidisciplinary expertise and action-driven approach.

Chief Restructuring Office (CRO)

Our restructuring unit is dedicated to helping senior managers execute a recovery plan, manage a crisis and accelerate recoveries.

Independent Business Review (IBR)

Eight Advisory specialised team supports our customers in their Working Capital and Cash Flow optimisation journey.

Labour restructuring

We act as a choice partner to prepare and support the implementation of a major reorganisation with significant or complex workforce restructuring.

Working Capital Management and Cash Services

The Cash Services Team provides assitance for all cash management issues

Insolvency & Liquidation

Insolvency Services - We support our clients throughout their collective insolvency proceedings, helping them prepare and manage everything from insolvency notices and operating and cash flow forecasts to business, backup, recovery and disposal plans.

Working Capital Improvement

Eight Advisory specialised team supports our customers in their Working Capital and Cash Flow optimisation journey.

CFO Advisory

CFO Advisory Services – We support finance departments in the preparation and management of their transformation projects.

Short Term Financing

We support you in researching, optimizing and implementing short-term financing solutions.

Technology

Technology supporting the digital transformation of companies

PPA

Purchase price allocation, impairment tests, and portfolio reviews: accounting issues that need to be anticipated

Tax Valuation

Valuation specialists at the service of your tax issues

Management packages & intra-group interest rates

Management packages, intra-group interest rates, and corporate strategic, tax and accounting issues

Transactional Valuation

Valuation - a strategic tool at the heart of a transaction

Financial Modelling

Financial modelling and strategic decision support tools.

Damages Assessment

We assist our clients in the financial aspects of their litigation and in the evaluation of their damages.

Distressed Litigation

Eight Advisory’s strong reputation in restructuring enables us to provide a complementary support service for distressed litigation.

International Arbitration

We offer support in the quantification and evaluation of economic and financial damages in international arbitrations.

Valuation, Modelling and Transfer Pricing

Eight Advisory assists clients with all tax issues relating to valuations and transfer pricing, both in Europe and internationally.

Restructuring

Eight Advisory provides tax restructuring solutions to ailing companies.

Transformation

Eight Advisory assists clients with the tax issues associated with their transformation.

Turnaround & Operational Restructuring

We assess the operational performance of distressed and underperforming companies, to identify the extent to which their value has deteriorated.

We help them rapidly implement a strategic and operational turnaround, from design to on-the-ground execution, throughout the value chain.

Turnaround Strategy – Beyond cost reduction levers, we consider top line growth and business model shifts that can energize the business, through market entry, product launches, repositioning, the disposal of non-strategic assets, and time and cash savings, which are among the key drivers of our approach.

Our Turnaround and Operational Restructuring Services Support

A turnaround plan is a value-preserving process that needs to be pragmatic, participatory and holistic. Based on our experience, we have identified best practices and grouped our commitments around 6 pillars to enable rapid, profound and sustainable results.

Time is of the essence

Creating a sense of urgency is essential for removing decision bottlenecks, cutting time-to-action, and enabling quick implementations, to prevent a lengthy restructuring from draining energy from the turnaround.

Hands-on action

We guarantee success by helping you apply the 80/20 rule, analyse key indicators, develop strategy, and act accordingly, empowering leaders, and clearly defining roles, such as the CRO, programme manager, and so on.

Accountability

We help you create an action-driven environment, put experienced and determined implementers in charge, and define and assume accountability for outcomes.

Holistic approach

Adopting a 360° holistic approach that includes finance, operations, strategy, workforce restructuring, legal, change management, and communications will give your company the keys to success in its turnaround.

Fall-back strategies

As part of your turnaround plan, it is often best not to focus on a single solution.

We help you foster a dynamic management attitude, develop multiple scenarios and contingency plans, and define triggers to accommodate unexpected business events.

Consistent communications

Conveying clear goals and mission statements to every level, listening and watching rather than talking and telling, and opening up to build trust with customers and suppliers are crucial to your turnaround plan.

Our Specialities

Operational diagnosis

The success of a turnaround plan depends on a rigorous operational diagnosis, to identify and objectify the causes of underperformance, and the levers of value creation, in order to effectively engage and align stakeholders.

Turnaround plan design

After the operational diagnosis, the turnaround plan is built in 3 phases: target definition; identification and design of operational levers; and consolidation of plan and roadmap design.

Turnaround plan execution

The first few months are critical for the execution of your plan. To capture value and drive momentum, we help you structure your governance and mobilise dedicated resources to quickly achieve first wins and concrete results.

CRO Office

A dedicated and specialized turnaround unit at C-level is necessary to execute a turnaround plan, manage the crisis, and accelerate recovery, by leveraging a holistic view, a tightened, action-oriented governance, and a short decision loop.

Workforce restructuring

When a turnaround involves human aspects, we anticipate potential issues, bringing HR into the loop, and considering constraints, such as legal documentation and the target organization, in order to guarantee successful implementation.

Meet our Turnaround and Operational Restructuring Experts

Team

Nicolas Cohen-Solal

Partner

Strategy & Operations

Florent Berckmans

Partner

Strategy & Operations

William Berger

Partner

Strategy & Operations

Nick Neil-Boss

Partner

Strategy & Operations

Tom de Troyer

Partner

Strategy & Operations

Jean Guillou

Partner

Strategy & Operations

Curt-Oliver Luchtenberg

Partner

Strategy & Operations

Raphael Mignard

Partner

Strategy & Operations

Frédéric Blache

Partner

Strategy & Operations

Turnaround and Operational Restructuring - Case Studies

Read more

Similar
services

IBR Due Diligence

We help our clients reassure their lenders and demonstrate their ability to honour their commitments.
Agreed Upon Procedures

We formulate agreed-upon procedures reports to meet specific client needs.
Turnaround Plan

We provide operational field support for restructuring based on our multidisciplinary expertise and action-driven approach.
Chief Restructuring Office (CRO)

Our restructuring unit is dedicated to helping senior managers execute a recovery plan, manage a crisis and accelerate recoveries.
Independent Business Review (IBR)

Eight Advisory specialised team supports our customers in their Working Capital and Cash Flow optimisation journey.
Turnaround and Operational Restructuring

In challenging situations, such as underperformance or loss of control, we step in as trusted advisors to restore value.
Labour restructuring

We act as a choice partner to prepare and support the implementation of a major reorganisation with significant or complex workforce restructuring.
Working Capital Management and Cash Services

The Cash Services Team provides assitance for all cash management issues

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