Special Situations Consulting

Financial strategies for distressed debtors

Addressing Capital Constraints in Non-standard Situations

BDO’s Special Situations group specializes in helping distressed debtors facing non-standard situations secure needed capital. We can help prepare you for your upcoming negotiations with Bank and Non-Bank Lenders and assist you in reviewing new credit agreements, amendments or financial restructuring agreements that can alleviate capital constraints. 

Our process begins with an assessment of your situation and your objectives. With this understanding, we will then work to prepare you to effectively negotiate debtors, lender groups, business development companies (BDCs), equity and debt funds, and other investors to present and review your business plan, financial projections and context — including industry assessment, competitive landscape, risks and opportunities. 

Once this phase is complete, we will support you through the implementation of your new source of capital — whether a new credit agreement, an amendment, or even a financial restructuring. 

We bring deep experience to special situations:

  • 3-statement modeling 
  • 13-week cash flow modeling
  • Understanding of adjustments to EBITDA
  • Working capital inputs
  • Credit agreement review for covenants and covenant calculation modeling 
  • Due diligence assessment
  • Budget and business plan review
  • Budget to actual variance analysis
  • Lender Advisory Deck preparation 

Two experienced professionals reviewing documents

Solutions

IPO Readiness

BDO professionals have deep experience working with high-growth companies and private equity firms and can help navigate how to go public through the traditional IPO, SPAC or other exit process.

Turnaround and Restructuring Insights

Explore our most recent resources and thought leadership.

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  • Healthcare
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  • Nonprofit & Education
  • Private Equity
  • Real Estate & Construction
  • Restaurants
  • Retail & Consumer Products
  • Technology

Stay current with our latest turnaround and restructuring insights.

Meet our Special Situations Consulting Leader

  • Professional Headshot of Tom Wang

    Tom Wang

    Principal, Management Consulting, BDO Consulting Group, LLC, Turnaround and Restructuring Services

Investment banking products and services within the United States are offered exclusively through BDO Capital Advisors, LLC, a separate legal entity and affiliated company of BDO USA, P.C., a Virginia professional corporation. For more information, visit www.bdocap.com. Certain services may not be available to attest clients under the rules and regulations of public accounting. BDO Capital Advisors, LLC Member FINRA/SIPC. 

Turnaround and restructuring services as well as operational value creation services within the United States are offered through BDO Consulting Group, LLC, a separate legal entity and affiliated company of BDO USA, P.C., a Virginia professional corporation. Certain turnaround and restructuring services may not be available to attest clients of BDO USA under the rules and regulations of public accounting. 

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