Distressed Turnaround Management
Pre-insolvency or in a crisis: we navigate companies through critical phases and implement operational reorganisations consistently.
Restructuring in a crisis: fast, effective, holistic
Restructuring before or during insolvency – operationally, legally and economically from a single source.
- Is your company losing market share or struggling with declining returns?
- Are costs, quality or delivery capacity out of control?
- Are payment difficulties or impending insolvency forcing you to act quickly?
T.A.S. FORCE offers fully integrated distressed turnaround management – with a focus on operational implementation, crisis stabilization and sustainable restructuring. Together with our exclusive network of specialized insolvency law firms and renowned auditors, we take responsibility for averting insolvency or working through it professionally – in self-administration or with an insolvency administrator.
Our approach: integrated restructuring without frictional losses
In crisis situations, what counts is speed, clarity and the ability to implement. This is precisely where many traditional consulting approaches fail – too many players, too little coordination, measures taken too late.
Our USP: A seamless triangle of operational implementation (T.A.S. FORCE), legal advice (partner law firms) and business auditing (partner auditors).
- No friction losses at interfaces
- No translation between specialised worlds
- No loss of time due to unclear responsibilities
Together with our partners, we deliver individual restructuring solutions – fast, legally compliant and economically sound.
T.A.S. FORCE: Your operational task force for implementation
We take over the operational management and implementation of the restructuring, including
Interim management & board appointments
- Position of experienced interim CROs, CEOs, CFOs, CHROs and COOs
- Assumption of board functions in crisis or special situations
- Management of task forces, transformation programs & restructuring teams
- Communication with stakeholders, investors, customers & works council
- Stabilization of management structures and decision-making ability in the company
Operational implementation of the restructuring & transformation
- Development & implementation of a holistic restructuring program
- Implementation of site closures, production relocations, ramp-ups & liquidations
- Restructuring of the supply chain, logistics and purchasing organization
- Reorganization of processes, resources and structures
- Support in distressed M&A processes (sell-side, carve-out, post-merger integration)
Financial and cost optimization
- Liquidity management & working capital optimization
- Introduction of cost control mechanisms (OPEX, CAPEX, target costing)
- Implementation of personnel measures & development of flexible capacity structures
- Scenario planning & continuation forecasts in close coordination with WP & banks
- Restructuring of the business model if necessary (e.g. market/product focus)
Our partners provide legal and commercial support:
Partner Lawyers (Insolvency & Labor Law)
- STARUG process & protective shield solutions
- Reorganizations & corporate restructuring
- Structuring of shareholdings & carve-outs
- Contract management & liability issues
- Personnel law support: reconciliation of interests, social plan, collective agreements, etc.
- Tax structuring for restructuring and liquidation
Partner auditor (restructuring audit & expert opinion)
- Preparation of IDW S6 and IDW S11 reports
- Going concern and overindebtedness forecasts
- Red Flag Analysis & Quick Checks
- Independent Business Reviews (IBR) for banks, shareholders and investors
- Support with financial planning & restructuring controlling
Our track record - distressed projects that have been effectively stabilized
- Insolvency in self-administration (automotive supplier, 450 employees):
CRO assignment by T.A.S. FORCE, plant closure in Germany, relocation of production to Poland incl. ramp-up, knowledge transfer & social plan - Distressed M&A (sell-side):
Structuring of the sale process, pre-closing restructuring & post-merger integration - Interim CEO at an ailing OEM supplier:
Customer recovery, development of line management, reduction of working capital by 34% in 6 months
Membership & industry networking
We are an active member of TMA Deutschland (German Association for Restructuring) and are in constant contact with leading restructuring experts from law firms, banks and industry.
FAQ - Frequently asked questions
"Why T.A.S. FORCE?" Your questions, our answers
Why T.A.S. FORCE for your distressed turnaround management?
- Practice-orientated implementation by experienced interim managers (CRO, CEO, CFO etc.)
- Fully integrated approach with lawyers & accountants from our network
- Rapid deployment capability and escalation expertise on site
- Specialised in medium-sized companies & automotive suppliers
- Results-orientation & absolute confidentiality in dealing with crises
When do you need distressed turnaround management?
- You are threatened with insolvency or over-indebtedness in the short term
- You are facing self-administration or STARUG proceedings
- You need immediate operational support & relief
- Investors and banks demand robust reorganisation concepts
- Your organisation is overwhelmed – there is a lack of leadership, speed and structure
Crises cannot be managed - they must be actively shaped.
Let us talk. Discreetly. Confidentially. Effectively.