Consulting Distressed M&A

We support domestic and foreign investors in national and cross-border acquisitions of companies out of crisis and insolvency.

Anchor contributes the experience it has gained from several thousand insolvency proceedings and many corporate transactions out of crisis, insolvency and special situations.

We offer our clients legal, practical, tactical and strategic advice, from the initiation of a deal through its negotiation and implementation to integration. We are familiar with the approaches, frameworks for action and compulsions to take action of the stakeholders (insolvency administrator, banks, customers, creditors and workers’ representatives).

The essential requirements for a successful restart include the development of a transaction structure, a viable concept and a balanced personnel structure.

We will develop the optimum transaction structure together with you and our insolvency, corporate and employment law experts and implement the resulting strategy accordingly.

We also support reorganisations through what are known as double-sided trusts, enabling further financing with the consent of the banks as well as the reorganisation and retention of the enterprise value. 

In a double-sided trust, the shares are transferred to a neutral trustee with experience in reorganisations who will look after the interests of all stakeholders.

As active reorganisation trustees, we act as administrators of external assets and – if desired – also as active crisis managers. We will support the reorganisation and a possible sale process, help with their implementation and mediate between the stakeholders.