Financial Restructuring is the term used by corporate management to describe the act of reorganizing the operational and/or financial structure of a company for the purpose of repaying its debts, increasing profits, and achieving effective results enabling the company to overcome financial difficulties.
Successful restructuring of a company leads to reorganizing the company’s original model that has been affected by economic slow-down or mismanagement.
Added value to business entities from Financial Restructuring Services
- Increase profitability and market share, and provide a competitive advantage.
- Maximize shareholders’ value, improve operation efficiency, and enhance growth potential.
- Enable business entities to tap new opportunities and expand their operations.
Services provided by Baker Tilly Kuwait
Restructuring is often divided into two sections:
- Financial Restructuring
- Operational Restructuring
Financial Restructuring
Financial Restructuring relates to improvements in the capital structure of the entity and involves restructuring the assets and liabilities of corporations, including their debt-to-equity structure in line with cash flow, and growth support, and maximizes the value to shareholders, creditors, and other stakeholders. If the firm is under bankruptcy, financial restructuring is laid out in the reorganization plan.
Operational Restructuring
Operational Restructuring is the process of increasing the economic viability of the underlying business model. Examples include mergers, the sale of divisions or abandonment of product lines, or cost-cutting measures such as closing down unprofitable facilities.
In most turnarounds and financial difficulty situations, both financial and operational restructuring must occur simultaneously to save the business.
Most importantly, Baker Tilly’s Restructuring team is composed of dedicated and highly experienced professionals specializing in Investment Advisory Services. Baker Tilly provides the best value for Investment Advisory Services, ensuring ethical business practices, which enhances the value of your business.
Why Baker Tilly?
- Baker Tilly in Kuwait is a member of Baker Tilly International network based in the UK, ranked amongst the top 10 global accounting networks.
- Extensive experience in providing Financial Restructuring service to companies operating across various business sectors in the State of Kuwait.
- Highly experienced bilingual team with specialized academic qualifications and professional certifications.
- Commitment to performing Financial Restructuring engagements according to predefined timelines with no delays, and responsiveness to client requirements.