We have successfully restructured and transformed some of the largest companies and financial institutions. Below are some examples and success we achieved:
- Largest Greek Bank
The restructuring of a leading international bank. We addressed around 80% of its liabilities, lead the disposal of non core assets, and identified and managed acquisitions. This allowed our client to double in size in a 24 month period, and repositioned them as market leader, successfully managing to raise an additional 10% of capital.
- Largest Global Independent Refinery Operator
- GATE Alternative Energy
A large petrochemical conglomerate with a turnover in excess of 20bn USD (500m USD EBITDA). The engagement required a radical change of market focus, the break up of the group, alongside the repositioning of various parts and the wind down of their non-core entities. The total value created was 20% of initial base value (100% to 120% after restructuring).
- Pharma distribution
- Pharma track & production
We lead the acquisition and turnaround of a large pharma business.
This included the split in monolines and disposal od monolines at a 50% profit of purchase costs.
Podcast with Dr Lukas Fecker
According to a recent Euromoney article, Changes in legislation in some South Eastern European countries, combined with improving fundamentals, have sparked a brisk trade in bad-debt portfolios as well as facilitating internal work-outs.
NPLs in the Ukraine
Innovation Brain Director of Financial Services and CRO Steven Franck attended and spoke at the EBRD conference last month. The event aimed to take stock of the results achieved so far and also see ways to improve the NPL resolution in the Ukraine. Amongst other things, they discussed the impact of the LFR in resolving NPLs in Ukraine, and the critical linkages between restructuring, effective insolvency systems and proper tax incentives to support a robust NPL resolution regime.
Read more and see the presentations here