KordaMentha is a market leading professional services firm. We specialise in:

-Corporate Recovery and Insolvency

-Turnaround and Restructuring

-Forensic Services

-Real Estate Advisory

With a varied and blue chip client base, offices in Australia and Singapore, and an international network through our alliance with AlixPartners, our success in managing large complex assignments in Australia is unsurpassed.

KordaMentha’s Corporate Recovery practice undertakes formal insolvency and turnaround/workout engagements for companies in financial distress. We pride ourselves on our proven ability to provide innovative approaches to maximise outcomes for all stakeholders. 

SERVICES 

Corporate Recovery Services

KordaMentha Corporate Recovery Services undertakes formal insolvency and turnaround/workout engagements in relation to companies in financial distress. Our approach is to explore all avenues to save businesses through restructuring and streamlining operations (and industries).

Sound business advice, ethics and empathy are our trademarks. Maximising value for our clients, both large and small, is at the core of our approach.

We are a national firm whose reputation and success in managing large, complex voluntary administrations is unparalleled in Australia.

We help identify and explore synergies with potential new owners to realise optimal outcomes for all parties.

Our aim is to offer a creative approach to distressed company consulting - in many cases a turnaround is achievable.

Central to KordaMentha’s approach is our tried and tested three-point plan for all corporate recovery restructuring assignments:

-Stabilise the business

-Formulate a corporate restructuring or turnaround solution

-Implement and monitor the solution

Importantly, we provide implementation, monitoring and follow-up services. This is an area many of our competitors neglect but it is essential to the holistic approach of our corporate recovery practice.

 

Formal Appointments -Receiverships -Voluntary Administrations -Liquidations

Personal Insolvency -Bankruptcy -Part X Arrangements

 

 

 

Turnaround and Restructuring Services

 

Strategic Diagnostic Reviews, Business Viability & Pre-lending Reviews

We are often engaged by secured lenders or other key stakeholders to undertake a review of a company to determine its ongoing viability.

Detailed reports prepared by our Investigative Accountants typically cover the following areas:

-Background of the company’s operations	-Assessment of accounting policies, financial systems and controls
-Critical assessment of management’s business plan	-Assessment of appropriate debt structure and bank security issues
-Detailed review of historic trading results, balance sheet and cash flows	-Key recommendations to the company on strategic direction and methods to improve cash generation and profitability
-Critical review of management forecasts and likelihood of forecasts being achieved (including a sensitivity analysis)	-Key recommendations to the lender on business viability and methods to mitigate risk
-Review of key management personnel

Once the lender (or key stakeholder) has decided on the appropriate course of action we can then assist the lender &/or the company with the development, implementation and monitoring of a corporate turnaround solution.

 

 

Turnaround Consulting Services

KordaMentha is often engaged to provide strategic and financial analysis of underperforming companies. Our engagement may take the form of a business viability review where we report directly to the board or it may cover particular areas such as:

-Cash flow and working capital management	-Review of appropriate debt structure
-Business plan development	-Negotiating with lenders and shareholders etc. on behalf of management
-Review of strategic direction	-Development, implementation and monitoring of a corporate turnaround solution
-Review of other corporate finance alternatives such as acquisitions or disposals

If steps are taken early to address the causes of underperformance, appropriate measures can be taken towards developing a coordinated and achievable recovery solution. KordaMentha has a proven track record in critically reviewing companies and their management teams, then devising and assisting with the implementation of corporate turnaround solutions.

 

 

Distressed Debt Consulting

Our excellent reputation in the corporate recovery industry often sees KordaMentha engaged by unsecured lenders or bond holders, to advise on the appropriate course of action to maximise their return. Our engagements may range from providing advice on an ad-hoc basis, through to strategic viability reviews on their investment and the development of an appropriate risk minimisation strategy.

 

 

 

Real Estate Advisory – Distressed Situations

KordaMentha Real Estate Advisory is a specialist real estate consulting practice focused on providing strategic and independent real estate solutions to our clients. Our professional team is dedicated to maximising client objectives, property value enhancement and delivering exceptional results through innovative and contemporary business thinking.

 

Distressed Situations

Our Property and Construction Group undertakes formal insolvency, turnaround and workout engagements for companies in financial distress, corporations who own or lease property as well as building and development companies with assets tied up in property. The Group also undertakes informal appointments such as pre-lending and investigative reviews commissioned by financial institutions or accountants.

Our approach is to assist clients by exploring all available avenues to maximise value to stakeholders while managing risk effectively. Strategies may include but are not limited to:

-Completing developments on behalf of stakeholders;

-Restructuring and streamlining operations; or

-Identifying and exploring synergies with potential new owners to realise optimal outcomes.

We offer innovative solutions and a proactive approach to distressed company consulting.

 

 

Our Services

Our services typically include:

-Formal Appointments (Receiverships, Voluntary Administrations, Liquidations)	-Business Viability Reviews
-Turnaround/Workout Appointments	-Divestment (either directly or indirectly) of Real Estate Assets
-Pre-lending Reviews	-Project Management
-Investigative Accountant’s Reviews	-Real Estate Liability Negotiation
-Strategic Diagnostic Reviews

 

 

Detailed Understanding of Key Issues

KordaMentha has a detailed knowledge of the property and construction industry. Our Property and Construction Group is comprised of property professionals who have the specialist skills needed to manage sensitive negotiations, assess options for stakeholders, make strategic decisions, manage development and transaction processes, negotiate sale and building contracts and plan, manage and deliver successful projects.

 

 

 

Forensics

 

Our Expertise

KordaMentha Forensics has considerable experience in providing forensics solutions to clients in Australia and the Asia-Pacific.

The KordaMentha Forensics team features individuals with diverse backgrounds in accounting, audit, consulting, corporate regulation, information technology, law and law enforcement.

 

 

Our Services

KordaMentha Forensics delivers the experience, speed and results your business demands, in the following service areas:

-Dispute Analysis	-Data Analytics
-Forensic Accounting & Investigations	-Fraud Risk Management
-Forensic Technology

Whatever factual, accounting, financial, regulatory or e-discovery issues arise, our forensic expertise delivers clear and objective solutions to help you identify the facts and understand the relevant issues in a time and cost-effective manner.

 

 

 

INDUSTRIES

 

Accommodation, Cafes and Restaurants	Health and Aged Care
Agriculture, Forestry and Fishing	Information Technology
Automotive	Manufacturing
Communication	Mining
Construction	Personal and Other Services
Cultural and Recreational Services	Pharmaceutical
Education	Property and Business Services
Electricity, Gas and Water Supply	Retail Trade
Environmental	Transport and Storage
Finance and Insurance	Wholesaling