Corporate Restructuring

Why Progeny?

Whether your business grows and develops organically or through acquisitions, it might reach a point when the original structure of the company is no longer fit for purpose.

The restructure of a business requires expert planning and that’s why our team of experienced and diverse legal and tax professionals are best placed to support you and your business.

Sometimes the need for restructure coincides with the business entering a stage of financial stress, and strategic thinking is necessary before taking the next step forward. We also understand it may have taken years to get your business to where it is today, and that’s why we take a sensitive but pragmatic approach and are fully qualified to navigate the best route for all. Through meaningful consultation, we can help you solve complex problems with the success of your business at the forefront of everything we do.

Global presence

With offices worldwide, we can offer services globally and our extensive network of experts ensures that we are accessible and available to your needs.

A combined approach

Combining guidance and support from Progeny’s Corporate Legal team, Private Legal team and Wealth Management team, we are able to provide truly holistic support.

How we can help with your restructuring

Whatever the reasons for restructure or reorganisation, our team has the knowledge and expertise to guide you through it.

The areas we can advise on include:

Refinancing

We are experienced in raising new finance and advising on the structure and implications for your business.

Demergers

We can offer you expert advice throughout every stage of the demerger process – from the earliest planning stages, through the implementation, to the delivery of a successful and tax efficient conclusion.

Tax planning

We can assist shareholders with all their tax planning and advise on tax reliefs which they may be unaware are available to them.

Capital reductions

To help increase shareholder value, we can assist with the decrease of shareholder equity via share cancellations and repurchases.

Share buybacks

We can advise on the purchase of a company’s own shares to return value to shareholders or to exit a departing shareholder.

Frequently Asked Questions

What is a corporate restructure?

A corporate restructure is when a company’s management, its assets/finances and operations are streamlined and re-arranged to improve performance and develop the productivity and profitability of the organisation.

What are the benefits of a restructure?

A corporate restructure can benefit in several examples include:

Reducing costs
Increasing productivity
Providing a competitive advantage
Opening opportunities for mergers and acquisitions
Improving clarity and communication within the business
Aiding succession planning for the future of the business

What are the most important things to consider in a restructure?

Delivering the right outcomes for all is important but can sometimes be difficult when changes need to be made. With expert advice, transparency, adaptability and open communication with employees an organisation can help its people be part of a successful transition.

What are the employee consequences of a restructure?

During a restructure there may be many changes to the roles of employees as management and departments are re-organised. Making sure employees feel supported in any development needed for new roles is key, and maintaining clear communication and trust within the organisation is crucial.

What is a demerger?

A demerger is when a business is broken into two or more components. This can be for a variety of reasons such as to raise capital or to focus on core business lines.