The first 30 days of a turnaround
Before a business can move forward, it needs a reliable view of where it stands. Start with cash, continuity and the decisions that cannot wait.
Read the perspective
A clearer path.
A stronger
tomorrow.
Independent insolvency and stressed-asset advisory.
For lenders, businesses and investors.
A DIFFERENT PERSPECTIVE
ON STRESSED ASSETS
ON STRESSED ASSETS
01 Resolve.02 Recover.03 Renew.
On both sides of the table.
At every stage of the journey.
Complex situations.
Considered answers.
There is always more to an asset than its balance sheet. More to a business than its current circumstances. And more than one way forward.
Vikas Khiyani Associates brings independent financial, commercial and process insight to insolvency, restructuring and stressed-asset decisions.
Discover the firmIndependent thinkingDisciplined executionPersonal attention
Six disciplines.
One considered view.
Connected expertise for the lifecycle of a business, an asset or an investment.
01
Restructuring & turnaround
A considered response to financial stress. Connect liquidity, operations and stakeholder priorities around a business worth preserving.
02Mergers & acquisitions
From the first investment question to the final transaction decision. Independent analysis and a disciplined path through the deal.
03Tax advisory
Business decisions have connected tax consequences. Bring direct, indirect and cross-border perspectives into the same conversation.
04Banking & finance
A grounded view of funding needs, debt capacity and recovery alternatives. Make the next capital decision with the whole picture in view.
05Valuation
Value depends on the asset, the purpose and the path ahead. Make the assumptions visible before making the decision.
06Investor services
A closer look at an opportunity. A clear path through the details. Practical support for investors and investment-related matters.
Two perspectives.
One standard.
For lenders, ARCs and resolution professionals: protect value, realise recovery and bring clarity to the path to exit.
Explore your options
See the possibility.
Shape the outcome.
A stalled project. A stressed business. An overlooked opportunity. Explore how we frame the questions and bring structure to a complex situation.
Explore our approach to real situationsFrom the reading room.
Finding value between the numbers
Book value, liquidation value and the value of a continuing business can tell different stories. Understand the question before comparing the answers.
Read the perspectiveThe diligence behind a distressed acquisition
A low purchase price is a starting point for investigation. The investment case depends on what it takes to turn the asset into a functioning business.
Read the perspective