In conflicts between creditors and ailing companies, the appointment of neutral third parties as trustees is often the solution. They take over the company's shares and act in the interests of all parties involved with the aim of reorganising the company or selling it as part of an M&A process. The proceeds are distributed according to a distribution plan previously defined in the trust agreement.
Blitzstart Services specialises in the role of the restructuring shareholder in order to offer a sustainable solution for companies in crisis. Whether through traditional trustee structures or innovative approaches such as the CORE model, we guarantee flexible and goal-orientated support.
CORE – Corporate Restructuring Entity
In this model, the company's shares are transferred to a special vehicle controlled by Blitzstart Services. This offers an effective solution in restructuring situations. The company is immediately and permanently divested by the existing shareholder. Compared to a trustee, the CORE model enables entrepreneurial decisions and a significant improvement in creditor ratios thanks to a strong restructuring agenda.
We offer trustee models and the CORE model in cooperation with experienced reorganisation and restructuring specialists. Blitzstart Services covers the trustee / shareholder role and offers a holistic approach to restructuring tasks. Active management and regular reporting ensure transparency and control in the restructuring process.
The service is aimed at commercial banks, private equity funds, owner-managed companies and international groups. Blitzstart Services offers customised solutions for specific challenges.
The reorganisation or liquidation of operating sites or business units by the shareholder are reasons for choosing a restructuring shareholder solution. The model outlined here facilitates such reorganisation processes without the shareholders having to take them into their own hands. Further involvement of the existing management is not necessary. Internal company resources are spared and can be used elsewhere for the core business or to overcome future challenges. As the actual reorganisation or liquidation is carried out by the restructuring shareholder after the takeover of the company, the reputation of the existing shareholder can be protected and other negative effects of a restructuring or liquidation are avoided.