Our firms’ special situations capability comes into its own when there are unexpected and disruptive changes in a business that can result in a severe liquidity crisis and rapid deterioration of shareholder value.
Special situations events may include:
- an over leveraged balance sheet
- loss of a major customer account or key executive
- costly litigation
- a significant rise in material costs
- a macro economic and/or industry specific downturn
- an obsolete business model.
To address these challenges and help preserve shareholder value, our special situations advisors provide unbiased advice and creative capital restructuring strategies while consummating transactions within abbreviated timeframes.
We can provide both out of court and in court advisory services to sellers, buyers, borrowers, lenders and financial investors — including:
- distressed mergers and acquisitions
- debt and equity financings
- restructuring of existing debt obligations
- joint ventures and transaction alliances
- valuations and fairness opinions
- evaluations of strategic and financial alternatives
- expert testimony in connection with services rendered.
Our firms’ professionals possess specialized knowledge and experience of local country insolvency and bankruptcy protocols and restructuring options for both in court and out of court venues. We think creatively and can negotiate and build consensus effectively in an adversarial environment.
These transactions are complex, time sensitive initiatives which involve companies that are typically experiencing a liquidity crisis and diminishing value. Accurate and timely information is often difficult to obtain. Employee morale is usually low and customer attrition high. The transaction process is often compressed into a highly accelerated timeframe that provides little room for error. Our firms’ skilled special situations advisors know how to position and articulate the opportunity to the widest qualified audience in a manner that can generate a high valuation or favorable financing terms.
We deliver these services throughout the global markets and across a broad range of industry sectors through coordination and collaboration with other Corporate Finance product specialists. KPMG firms’ professionals have extensive advisory experience in structuring, negotiating and consummating these special situations transactions. We have advised on divestitures, capital raisings and debt restructurings valued in the multi billions in every sector for some of the world’s largest corporations and financial institutions.
In a distressed situation, hiring the right financial advisor can be a ‘bet the company’ decision. KPMG firms are committed to helping you navigate the distressed M&A and capital restructuring process and can serve as a strong advocate on your behalf. We take the time to understand your objectives fully. We leverage our collective global knowledge, contacts, creativity and resources to develop viable restructuring options, and to secure an appropriate solution.
In your greatest time of need, choose wisely: KPMG can be your trusted advisor.