Our team has significant experience in providing fiduciary services to courts, bankruptcy estates, and creditors. We have acted in various fiduciary roles, including post-confirmation trustee and plan administrator; Chapter 11 and 7 trustee; and examiner in bankruptcy, state, and federal court receiver in numerous matters. Acting as fiduciary, CohnReznick has operated and reorganized debtors, sold businesses, liquidated assets, managed complex litigation, and wound down complex corporate structures to deliver the best possible stakeholder recoveries.

We leverage our proprietary M&A framework to assist clients in structuring, negotiating, and executing an array of transaction types. The RDR team has the skillset and background to effectively navigate the typical pitfalls of a transaction to help ensure the best possible outcome for clients. Additionally, we have extensive experience working alongside other service providers, such as accounting, legal, and insurance, and can work on the client’s behalf to facilitate a smoother and faster closing.

Our preparation for sale (EBITDA improvement) service is designed to enhance your company's financial performance and attractiveness to potential buyers by optimizing operations, reducing costs, and finding ways to increase revenue. Our skilled guidance helps you maximize EBITDA, improve cash flow, and achieve a higher valuation in a sale process. Our team of restructuring specialists possesses deep knowledge across most industries and has a proven track record of delivering exceptional results for clients preparing for a successful exit.

Once the difficult decision to wind down a non-core or underperforming business is made, CohnReznick can help the client through the entire process. Our practitioners will assist a company with the initial phase wind-down, including developing a detailed wind-down plan, timeline, and budget exercise. Our team then aids the company with the implementation of all aspects of the process, such as managing costs closely, preserving stakeholder reputation, and addressing creditor responsibilities. 

Distressed transactions can include a sale of assets or equity, or a capital raise when a business is facing operational challenges or financial distress. These transactions present opportunities for buyers to acquire assets ‘free-and-clear’—often at a meaningful discount – and an opportunity for sellers to reorganize their business for future success or exit altogether. However, these deals typically involve greater risks and unique considerations that require careful due diligence by experienced advisors to generate a meaningful return.

We have developed a rigorous process around the estimation and determination of value of business enterprises and tangible and intangible assets. The Restructuring team has the skill set and background to efficiently analyze a given situation and quickly provide a supported and reasonable estimation of value given the specific circumstances. Further, we have extensive experience within the financial and legal community to provide tailored and easy-to-understand deliverables, including expert witness testimony when needed.