Turnaround management

Turnaround management & corporate restructuring,
bankruptcy and insolvency management,
interim & crisis management

Strategic turnaround management and corporate restructuring is accelerating. Covid-19, new technologies and downturns are disrupting businesses and putting stress on balance sheets.

Knet Project is focused on helping clients find solutions. We provide adhoc advice on implementing turnaround strategies to help achieve the best outcome and make those difficult decisions.

Our services include:

Corporate restructuring advisory

The need to preserve enterprise value through financial resource stabilisation is accelerating at a fast pace due to Covid-19.

Knet Project works in close collaboration with business owners, entrepreneurs and management to identify, develop, and implement strategic operational and financial improvements.

Bankruptcy and insolvency management

The bankruptcy process offers an opportunity to address strategic, operational and financial problems in an organization.

Knet Project professionals provide guidance through each phase of the bankruptcy process including:

  • pre-bankruptcy strategy and planning
  • operational initiatives and action plans to help you address your specific challenges
  • detailed communication programs for your company’s vendors, customers, and employees
  • assistance with reporting compliance and the development of a reorganization plan

Interim & Crisis Management

When guidance and stability are needed the most, companies that are in a crisis or underperforming can turn to us to fill interim management roles.

Prompt intervention will reduce the time needed to implement turnaround initiatives, mitigate the possible negative effects of executive attrition and achieve the best results.

Our interim and crisi management services include:

  • Filling of immediate critical senior management roles
  • Managing communication processes with board members, management, employees, creditors, investors and other interested parties
  • Leading the planning, implementation and execution of the restructuring process including out-of-court turnarounds, receiverships, and bankruptcies
  • Managing court-approved positions including CRO (Chief Restructuring Officer), Receiver, Trustee and Plan Administrator