RESTRUCTURING
Business restructuring can involve either an operational turnaround or a formal financial restructuring and is a vital tool in preserving value for a company and its stakeholders.
Among the types of solutions available, good places to begin to explore include a refinancing of the business, potential cashflow improvements, selling of assets and better management of liabilities. Grenadier Group works with management and financial stakeholders to use the protection, powers and flexibility available under applicable insolvency law to address the issues threatening a business’s survival.
A proper restructuring plan is essential in the context of a Notice of Intention (NOI) to file a Proposal or the Companies’ Creditors Arrangement Act (CCAA), as it provides a
roadmap to avoid liquidation, protect jobs, and maximize returns for creditors.
Without a solid, viable plan, the business risks losing creditor and court approval, leading to potential insolvency.
In choosing Grenadier Group for help with your restructuring, consider factors such as our expertise in numerous and varied industries, past successes we have had, and our firm’s excellent network of legal and financial professionals. The difference between successful recovery and failure, lies in the ability to gain creditor confidence, secure funding, and provide tailored, actionable solutions.
Our clients have shared with us that the key to the successes we have had in helping them in their times of facing financial distress is our ability to analyze, develop, and implement strategic solutions.
Broken out by key competencies, we provide and coordinate the following full solutions:
Financial
Analysis and
Forecasting
Everything begins with a deep dive of a company’s financials. We thoroughly assess a company’s financial health, forecast cash flows, and identify solvency risks. This allows for the creation of a realistic path forward.
Legal and
Regulatory
Expertise
We, and our legal partners, are well-versed in the legal frameworks surrounding restructuring, including the Notice of Intention (NOI) to file a Proposal and Companies’ Creditors Arrangement Act (CCAA). Understanding the nuances of these laws is essential for complying with deadlines, managing creditor relationships, and maximizing asset value. We are the point of contact and coordinate with legal as and when necessary, on behalf of our clients giving them a seamless experience and peace of mind that they have competence representation when required.
Stakeholder
Management
Grenadier Group is adept at negotiating with creditors, investors, and employees. Effective communication and negotiation help balance the needs of all parties while keeping the business operational.
Strategic
Turnaround
Planning
Developing a viable restructuring plan is critical, whether through a formal proposal or by reorganizing under CCAA. A good plan stabilizes operations, preserves value, and ensures a sustainable path to profitability or an orderly liquidation. Thinking outside the box and bringing our years of diverse industry experience to bear has proven exceptionally beneficial for our clients.
Operational
Optimization
Beyond financial restructuring, we can streamline operations, improve efficiencies, and enhance revenue models. This comes naturally to Grenadier as we provide this business consulting service daily. It is in our nature to always offer alternative ideas about particular aspects of each company’s business. By doing so, we greatly increase the chances of long-term recovery.