From tax consulting for international property companies to acquisition advice for a medium-sized waste management company, or the turnaround of investment companies – sbc has numerous reference clients in the fields of restructuring and investment.

1. Business consultancy

Initial situation

  • Advice regarding the reorganization of a small and medium-sized limited liability company investment
  • The client owns a 100% stake in a holding company which, in turn, has a 100% stake in an operational GmbH. A profit and loss transfer agreement is in place and several shareholder loans exist
  • The client wants to strengthen the equity of both limited liability companies
  • Tax-neutral turnaround of loans into equity

Approach

  • Analysis of the existing investment structure
  • Analysis of the loan contracts and the repayments made
  • Assessment of existing subordination and the profit and loss transfer agreement
  • Creation of a concept for the turnaround

Result

  • Successful tax-neutral turnaround by means of an incremental concept
  • The assignment of receivables, followed by a capital contribution, increases equity without any effect on taxation

2. M&A / restructuring consultancy and interim management

Initial situation

  • Consultancy contract for the acquisition of a small and medium-sized company (100% stake in the limited liability company, annual revenue 10.0 million Euros/140 employees, metalworking industry)
  • Europe-wide tender process
  • Restructuring situation (“Distressed M&A”)
  • Shareholder: an American corporation

Approach

  • Short due-diligence (clearly defined process planning due to the risk of insolvency)
  • Negotiation of purchase and transfer agreement with the American parent company
  • Creation of a restructuring concept
  • Advice during the implementation of the insolvency plan process with self-administration

Result

  • Purchase resulting from the tender process
  • Rapid implementation of the restructuring concept (beginning in the acquisition phase)
  • Provision of an interim CEO (CRO, CTO/COO)
  • Resolution of the judicial insolvency proceedings after seven months