Options Review: Fix it, Sell it, or Close it?
Gaining Transparency to Navigate the Crisis
Our team provides the clarity required to choose the right path forward. A structured financial, operational, and strategic analysis forms the foundation. Building on this, we evaluate the options “fix it, sell it, or close it” and outline the implications for cost, timing, jobs, and enterprise value.
Fix It
Restructuring is typically the first step when profitability and liquidity are under pressure. The objective is to enhance efficiency, reduce costs, and unlock growth potential through operational, financial, and strategic measures. Instruments such as StaRUG (German Corporate Stabilization and Restructuring Act) or protective shield proceedings expand the available scope for action and help stabilize the business.
Sell It
A sale may be the right choice if a standalone turnaround has limited prospects or if a strategic repositioning is desired. Carve-outs can generate liquidity, streamline the portfolio, and strengthen the core business.
Close It
If no viable alternative exists, we support an orderly wind-down—whether through self-administration, protective shield proceedings, or solvent liquidation—to minimize legal, financial, and social risks.
Conclusion
We create transparency, clarity, and confidence—enabling sustainable stabilization and value-preserving decisions.
We stand alongside our clients throughout every phase of the crisis. Our mission is to maximize transparency, identify opportunities, preserve value, and reduce risk. We provide the assurance and orientation needed to make the right decisions for your company’s future.
We see ourselves as a trusted partner throughout every phase of the crisis. Our aim is to maximize transparency in order to identify opportunities, preserve values and minimize risks. We provide the assurance, clarity and direction you need to make the right decisions for your company’s future.
Lars Richter
Partner