Business Turnaround & Transformation

Restoring stability and protecting value for businesses in distress.

We put plans into action that restore stability and deliver value. McGrathNicol partners with your board, management teams and financiers to navigate times of challenge, change or stress. We assist with: 

  • quickly identifying the root causes of a challenge

  • formulating turnaround strategies

  • implementing value-maximising transformations.  

Our proven methodologies and expert teams enable us to deliver turnaround and transformation strategies that maximise value, speed and capability enhancement for clients.  Our teams bring deep expertise in strategy, independent financial and operational performance assessment, program establishment and execution to all engagements. We advise companies across all industry sectors and business sizes. With offices across Australia and New Zealand and established international capability, we can deploy our professionals as required to support your needs.  

Corporate Simplification  

Businesses often possess subsidiaries that no longer fulfil a purpose. McGrathNicol offers a comprehensive service for winding up dormant subsidiaries. Our experienced team can assist you to identify suitable entities and advise on the most effective means of winding up. 

Liquidity & Working Capital Management 

We bring visibility, responsibility and accountability to your cash management processes. We can help management teams forecast, save and generate cash flow, by ensuring working capital management is the best it can be to ensure long-term improvements. 

Managed Wind Down 

Effectively exiting joint ventures, partnerships and other business operations is an important part of business success. McGrathNicol’s restructuring, financial and commercial experience can help your organisation with wind downs, exits, mothballing and closing business operations. Our focus is securing the best financial and contractual outcome for your business. 

Schemes of Arrangement 

Schemes of arrangement can offer remarkable flexibility for stakeholders dealing with challenging financial or structural circumstances. We can help your business use schemes to facilitate corporate restructures and amalgamations, effect a transfer of assets and/or a compromise of liabilities. 

Strategy 

McGrathNicol can provide your business with an independent, enterprise-wide assessment of operations, market position and competitors to evaluate, establish, implement and monitor overall strategy. Partnering with McGrathNicol delivers a hands-on and collaborative approach that ensures alignment of strategic goals.