Restructuring & Turnaround
Restructuring & turnaround is the art of execution, and experience is a prerequisite for success. NewBridge’s veteran management team of senior professionals constitutes a unique human combination to secure such execution and reduce its risks.
As we work directly with management, we actively assess and stabilize operational or financial situations, to salvage troubled operations or put derailed critical projects back on track.
NewBridge develops work plans alongside client management teams and helps them to better master the typical uncertainties that surround these situations: volatile financial and institutional environments, labor conditions, retention of client and supplier loyalty, etc. The NewBridge Restructuring & Turnaround practice, while combining advisory services and interim management, is an execution arm that supports company executives in redeployment situations, including spin-off & divestments.
Where NewBridge adds value:
- Delegation of highly skilled veterans and advisors, on very short notice
- Roadmap design based on identifying, diagnosing and isolating risks
- Creation of feasible plans and achievable targets
- Negotiation support (provisional, social, financial, trade-related)
- Communication platform to secure project outcome and corporate image.
In most situations, rebuilding trust between the different constituencies is a major challenge. NewBridge’s independent point of view and managerial credibility have proved to be valuable in these circumstances. And we have over time adjusted our compensation to ensure that it aligns with our client’s performance and constraints.
Example of restructuring & turnaround mission from our business cases section: the turnaround and divestiture of a devalued subsidiary.