
TURNAROUND MANAGEMENT
The Turnaround Management involves acting as a mediator in the “improvement” process required by the financially distressed companies to achieve their long-term goals and/or maintain their existence and taking active role in developing strategies for change.
The reasons underlying the distress incurred by the companies may appear in different ways regardless of the general economic situation. The Turnaround Management deals with the matter as a whole along with the underlying reasons, analyzes the problem, determines the strategy required by the company and implements the improvement plan.
OUR TEAM
The corporate finance team of AS / Nexia Turkey consists of reliable professionals who have proven their experience in terms of financial institutions and non-financial sector institutions. We focus on efficiency of the companies we work with and commission our “partners” with top level experience to provide services to our customers.
OUR APPROACH
Our Turnaround Management approach is to ensure that all the parties in the project (financial institutions, company partners/executives, Turnaround team) focus on the main activity fields of the company by providing effective information flow. Our turnaround management approach allows the companies to work with the “Win-Win” concept.
Given the short-term results of the Turnaround Management, the parties provide increased support to the process and thus minimize the pressure over the company. The fundamental approach of AS / Nexia Turkey is to change the existing perceptions about the company and achieve a value-creating result which is perceived positively by all the parties.
OUR BUSINESS PARTNERS
Our business partners are those organizations that aim to make top level benefits from the practical results of the Turnaround Management process. Our business partners include investors and capital owners that seek solutions for their financial distress, in addition to the local and foreign financial institutions in Turkey that seek professional support to enable their customers to survive the economic crises. Our professional staff members that have worked as executives in the non-financial sector combine their “Improvement Management” experiences with results-oriented solutions together with our business partners in such operational areas as growth, market development and efficiency.
