Interim management / CRO


Consistent interim management.

The recovery measures that are identified must be implemented consistently to resolve a company crisis successfully and sustainably. This may either take the form of immediate action to avoid a requirement to file for insolvency, or medium- and long-term measures under interim management with the aim of regaining profitability. Forms of immediate action may include:

  • Selling holdings, assets or business units that are non-essential to operations
  • Making reductions on the expenditure side
  • Providing transparency by creating a liquidity plan and identifying liquidity needs
  • Deferring and extending payment terms with suppliers
  • Negotiating a short-term overdraft facility extension with lenders

If they are to be successfully implemented, recovery measures must satisfy certain basic requirements. These include a qualitative and quantitative description of each measure, the creation of a schedule or milestone-based plan and assignment of responsibility for various activities. In addition, compliance with the action plan must be monitored by setting up a steering committee and a project management office. Thanks to our experienced interim-management professionals, FalkenSteg can help to ensure that the recovery measures are consistently implemented, safeguarding the long-term success of your business.

Our services

  • Assisting with identifying suitable recovery measures
  • FalkenSteg will be ready and willing to help you in relation to steering committees, project management offices and action plan tracking
  • Appointing interim management or a chief restructuring officer (CRO) to ensure implementation of measures

How you stand to benefit

  • FalkenSteg has an extensive track record of expertise in supporting business recoveries and helping to implement action plans
  • Use of established tools for project management and action plan tracking
  • Ability to take on management functions within your company

Contact partners

Markus Tränkle

Partner
  • T: +49 211 54 76 63 15
  • M: +49 173 30 44 721
  • markus.traenkle@falkensteg.com

Sebastian Wilde

Partner
  • T: +49 211 54 76 63 12
  • M: +49 173 92 39 453
  • sebastian.wilde@falkensteg.com

Tillmann Peeters

Managing Partner
  • T: +49 211 54 76 63 11
  • M: +49 174 37 06 600
  • tillmann.peeters@falkensteg.com

Further Restructuring services