Practical analysis and a realistic view about what can be accomplished drive our approach to solving short and long term challenges in the area of finance, operations, administration and constituent management. A custom solution designed to fit your needs, your timetable, and your budget.
Special Situations Advisory
Most businesses will face an unexpected special situation that requires specialized support. Our team supports organizations, as well as secured and unsecured creditors, across a broad range of issues, which include in- or out-of-court restructuring, to support long-term financial health.
We support investors, sellers and other interested parties in transactional events, and work in concert with other transactional professionals to provide a smooth and effective process to achieve target benefits.
In light of the pressures from the O&G sector, and the need for consolidation in the helicopter sector, advised Bristow Group Inc. on its announced acquisition of Columbia Helicopters Inc. Activities include pre-closing integration planning that included the scope of anticipated integration and key metrics to measure success. For multiple reasons, transaction was terminated prior to target closing date.
Financial advisor to the Official Committee of Unsecured Creditors for CHC Group, Ltd., one of the largest commercial helicopter service companies in the world that included an expedited fleet replacement strategy to right-size its fleet of approximately 230 helicopters, reducing its overall fleet by approximately 45 percent. Plan of reorganization was implemented through proceedings in the United States, Canada, and the Cayman Islands, that shed more than $2 billion in debt, paid back creditors, and saved most of the employee jobs across the globe.
In the backdrop of a changing industry and to address macro pressures, advised a division of global organization in the realignment of its cost structure. Particular focus include assessment and realignment of its organization structure, in particularly overhead, outsourcing opportunities, supply chain efficiencies and assessment and identification of strategic alternatives to monetize excess and surplus inventory.