Restructuring and turnaround consulting - Respond, Recover and Rebuild

Whitepaper

The current COVID-19 pandemic has ravaged the global economy, deaccelerating economic activity to a pace unseen in decades. Amid the pandemic, the world is bracing for radical changes in workforce and business models, and is realigning expectations of growth. Therefore, there is an ever-growing need for businesses and corporates across sectors to spend wisely and adopt strategic mechanisms to navigate through the rough tides of the COVID-19 pandemic.

This whitepaper addresses the underlying business recovery challenges faced by firms globally, by evaluating the recent impacts of COVID-19 and the resulting situation of distress. It focuses on ‘why’, ‘how’ and ’where’ the consulting firms can play an integral part in navigating distressed companies through the crisis.

Restructuring Support for Investment Banks

Key Takeaways

•The COVID-19-driven economic slowdown and underlying risks present daunting
challenges across industries, with the role of consulting firms becoming critical in
helping businesses introduce and unveil their roadmaps to recovery.
• Distressed investing and has become challenging in this volatile situation,
as it requires expert knowledge and in-depth analysis along with a holistic strategy
across the operational, financial, technical and legal aspects.
• Consulting firms, with their expertise in varied aspects of business continuity,
restructuring, capital advisory and transformation, have found a silver lining in the
pandemic cloud and are slated to play a pivotal role in helping struggling businesses
formulate and implement successful revival strategies.

Authors

Chetan Anand

Associate Director, Consulting

Chetan has 12 years of experience in areas such as strategy consulting, private equity and investment banking. His expertise spans a number of research themes including financial and operational analysis, strategic research, valuation analysis, ESG research, macroeconomic analysis, industry research, market research and due diligence studies.

At Acuity Knowledge Partners, Chetan has been a core member of the Consulting practice for the past 8 years, currently managing a research process for a big-four management consulting client. He holds a bachelor’s degree from Indian Institute of Technology Roorkee, India.

Sunny Mehta

Associate Director, Consulting

Sunny started his career with Acuity Knowledge Partners (Acuity) in 2007. During his tenure with Acuity, he has supported and managed several research engagements for consulting, private equity and investment banking clients in different geographies.

Sunny has been part of Acuity’s Consulting practice for the past 9 years; he currently manages a large research engagement for a big-four management consulting client. He has expertise in a wide array of strategic and business research areas including competitive benchmarking, market opportunity assessment, M&A analysis and strategic evaluation of investment opportunities. He holds an MBA in Finance from the New Delhi Institute of Management, India and a bachelor’s degree in Commerce from the University of Delhi, India.

Avinash Singh

Delivery Manager, Consulting

Avinash Singh is a Delivery Manager within Consulting practice at Acuity Knowledge Partners, and has about 10 years of experience in Private equity and financial services domains. He currently assists on a diverse set of financial and business research projects including target & buyer screening, company valuation, financial statement analysis, debt covenant analysis, trading & transaction comparable, portfolio performance analysis and due diligence, among others

Prior to his role at Acuity Knowledge Partners, Avinash worked at a KPO, where his responsibilities largely included supporting investment banks and managing clients and other research engagements. Avinash holds an MBA degree in Finance from Karnataka State University, India and Bachelor's degree in Computer Science from Jiwaji University, India.

Restructuring and turnaround consulting – Respond, Recover and Rebuild