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Special situationsAcquisitionsTurnaroundLiquidationShareholder disputes

We take over distressed companies and unlock the value trapped inside.

We take control of companies of every size, assets and liabilities included. If the business has a future, we turn it around and restructure its debt. If it does not, we sell the assets in an orderly way and pay the creditors. Either way, the shareholders step out of the line of fire.

See our strategy ↓
Aerial view of a forest with a clear path leading toward the light
Liabilities included
We buy assets and debt together
Every size
From family businesses to corporate groups
Out of court
An alternative to formal insolvency
Through SPVs
Each deal ring-fenced and auditable
Our strategy

One acquisition, two exits. In both, creditors get paid.

Step 1

We buy the company

Equity, assets and liabilities move into an SPV. We take over management and litigation.

Exit A · The business has a future

We restructure

Operational turnaround and debt restructuring. Once the company is healthy, we sell our stake at exit.

Exit B · The business has no future

We liquidate

Orderly sale of real estate, machinery, inventory, brands and equity stakes to pay creditors and realize value.

Our solutions

Five core strategies that put our approach into practice, supported by complementary credit solutions.

Vehicles

One SPV for every deal.

Every company, portfolio or dispute we acquire sits in its own special purpose vehicle, with segregated accounts and reporting to creditors and co-investors.

See our vehicles
Letter to the market

Every company in distress holds value. Our job is to unlock it.

We buy the companies traditional investors avoid: groups with more liabilities than cash, shareholders facing enforcement actions, idle assets and creditors with no prospect of being paid.

After closing, the decision is technical. If the business has a future, we step into management and restructure the debt. If it does not, we liquidate the estate methodically, selling each asset for the best price we can achieve.

We always operate through special purpose vehicles, with governance, reporting and one simple rule: creditors are paid before any other interest.

How a deal works

  1. I

    Confidential conversation

    You present the company and where it stands. We sign an NDA at first contact.

  2. II

    Due diligence

    Operational, financial, legal and asset review, reported by legal entity and by type of liability.

  3. III

    Term sheet and closing

    Price, assumption of liabilities and payment waterfall. At signing, the equity moves into the SPV.

  4. IV

    Restructure or liquidate

    Turnaround and renegotiation, or an orderly sale of assets, always with reporting to creditors.

Stacked legal case files and a fountain pen on a deskIndustrial warehouse in operation
Shareholders

Those who want to sell

Owners who want out of the company and its lawsuits, handing assets and liabilities to someone who knows how to solve them.

Creditors

Those who want to be paid

Banks, suppliers and employees now negotiate with a counterparty that has assets, a plan and a timeline.

Investors

Co-investors

Family offices and qualified investors who invest alongside us in our SPVs, with a defined thesis, collateral and governance.

Present the company. We will respond with a proposal.

All information received is kept confidential and used only for our review.

Start a confidential conversation