The London Restructuring Network (LRN) is a group of reputable independent restructuring professionals who have each been in the London market for at least 15 years.
Historically, they were known as company doctors or corporate trouble-shooters. assisting boards and management teams to avoid insolvency.
Typically, IRPs:
> have backgrounds in business as senior executives and board members;
> unexpectedly found their first experience of corporate crises stimulating; and
> remained in rescue, turnaround and restructuring assisting boards and management teams to avoid insolvency.
They offer broad situational experience and are usually sector agnostic.
In the UK, IRPs are contractually engaged by borrowers with the support of financial stakeholders to assist the executives in delivering a restructuring.
Stakeholders value IRPs’ ability to undertake their own assessment and provide an independent view.
IRPs’ scope often encompasses governance, stakeholder and transaction management and operational improvement.
LRN members listed below operate at board level and bring specialist governance,
stakeholder management and operational expertise.
Please contact the member who you believe best fits your needs or
any member to discuss who might be best placed to assist
(please click on member photo below for detailed bios).
An experienced restructuring professional specialising in complex operational turnarounds and highly stressed situations for the over 25 years across a wide range of sectors including; retail, IT & tech, media, manufacturing and construction. A consistent track record of value creation for private capital, private equity, funds, banks and boards as Chairman, CEO, CRO and board advisor.
Nick has over 35 years experience of financial restructuring and stressed businesses working with a wide range of stakeholders, including owners, lenders, directors and government bodies. A senior Restructuring and Turnaround partner at Deloitte LLP for 24 years until 2024.
Bob has extensive experience in debt restructuring, stakeholder negotiations and operational turnaround, including debt-for-equity conversions, refinancings, liquidity management and exit execution. He is particularly effective in situations involving covenant stress, over-leverage, governance challenges or strategic repositioning, bringing a pragmatic, commercially focused approach to resolving complex issues.
A seasoned restructuring professional with extensive M&A experience, who has led many varied and complex strategic, operational and financial restructurings in the publicly quoted, private equity and public sectors, encompassing international and multi-jurisdictional aspects of business turnarounds.
Ian Gray is a senior board advisor and turnaround leader with over 40 years’ experience delivering transformation, restructuring, and value creation across complex and often distressed situations.
Alan is an Independent Restructuring Professional and board member, who has consistently achieved measurable results in difficult circumstances over more than 30 years, working with boards and management teams through challenging periods on large and complex restructurings, public and private, in the UK and internationally, involving £150m to £500m debt.
I have proven experience in delivering a wide range of operational and financial turnaround and restructuring programmes, including CEO and CRO roles across a range of sectors including Manufacturing, Automotive, Construction, FMCG and Education sectors. Working with blue chip and privately-owned businesses and living in the USA, China and UK. By working in a very pragmatic and hands-on way, I bring significant, positive change in challenging situations, providing inspired leadership during challenging times.
John has 30 years’ experience in the financial restructuring, operational transformation, value regeneration, acquisition and merger of public and private enterprises, from early-stage companies to those with turnovers up to £1 billion, in Europe and the USA, acting as Chief Executive, Executive Chairman or Chief Restructuring Officer.
Donald is an experienced multi–lingual non-executive and executive director with a global track record in distressed / rapid growth situations in public, private, and listed environments. His international business expertise covers 30 years in the manufacturing and service sectors, having lived in, and managed businesses in UK, USA, Canada, France, Netherlands and emerging markets.
After an earlier career in private equity, Michael set up Ebbtide Partners (www.ebbtidepartners.com) in 2009. He utilises his experience gained in private equity to assist companies undergoing significant change, either as a result of strong growth, or alternatively, challenging circumstances. Appointments typically come from private equity firms, shareholders or lenders.
I take short notice appointments at organisations often with significant infrastructure in the community, steering clients through key phases involving foreshortened timescales, imperfect histories with financial and reputational risks.
Voted by industry 2014 Turnaround Practitioner of the Year, 2018 Public Sector Turnaround of the Year and again in 2021 Independent Turnaround Advisor of the Year. Postgrad scientist. Fellow, Institute for Turnaround. Fellow, Royal Society of Medicine.
David has been involved in balance sheet restructuring and profit improvement work since the 1990’s, working in listed and privately funded businesses in the UK, US and Far East, as well as being a Partner of Deloitte, London, for a number of years.