Success story · Construction
The ethical wind-down (liquidation and talent transfer)
When the company cannot be saved, the livelihoods still can.
The challenge
The end of the road
A specialized construction subcontractor with 160 employees had run out of options. Years of underbidding and outdated machinery left liabilities four times its assets. There was no cash for materials, and creditors were filing winding-up petitions. There was no viable path to save the entity.
Our solution
From saving the company to saving the livelihoods
The management and balance sheet were broken, but site engineers, foremen and specialist workers were highly skilled and in demand. We designed a controlled liquidation with asset and talent transfer.
01
Controlled insolvency
With legal counsel we filed for voluntary liquidation, preventing chaotic seizures and allowing an orderly wind-down.
02
Talent mapping
We mapped the workforce by skill set and performance.
03
Client brokerage
We offered competitors and key clients complete, cohesive teams to finish the work directly instead of facing delays.
The outcome
A soft landing in a hard crash
The entity was liquidated and the brand ceased to exist. We brokered the transfer of 115 of 160 employees to a former client and a competitor, with seniority and income intact. The remaining staff received help claiming social support.
More success stories
Built on the unconventional
The strategic merger (distressed M&A)
A Tier-1 contractor with more than 600 staff and a full order book faced insolvency. We sold it to the client with the most to lose.
Read the strategic merger caseThe commodity-to-proprietary pivot (manufacturing)
A contract molder trapped in a price war became a brand owner with its own product.
Read the proprietary pivot caseThe seasonality trap (hospitality restructuring)
A family-owned resort lost money seven months a year until one wing found a new purpose.
Read the seasonality trap caseThe stalled skyline revival (real estate development)
A mixed-use tower stalled at 60% completion. We repositioned the product and refinanced the finish.
Read the stalled skyline caseThe lean stitch (textile and garment)
A garment plant with a full order book lost money on every shipment. Line balancing and quality at source turned it around.
Read the lean stitch caseThe austerity turnaround (operational restructuring)
An over-expanded subsidiary of an international group shrank to a defensible core, then grew again.
Read the austerity turnaround caseThe ethical wind-down (liquidation and talent transfer)
When the company could not be saved, we kept the teams together and moved them to new employers.
Read the ethical wind-down caseConfidential · Senior-led · Fixed fee to start
The earlier the call, the more options remain.
Every request is read by a partner and answered personally, in strict confidence. One conversation is enough to know whether we can help.