AlixPartners 18th Annual Turnaround and Transformation Survey | Certain moves in an uncertain world

As companies try to navigate choppy and unpredictable economic waters...

The number one challenge they face is the cost and availability of capital.

The experts who work with troubled companies have told us that financing — fifth on the list of challenges for these companies last year — has risen to the top, as inflationary spikes, monetary tightening, and higher interest rates drive a crunch on capital that severely threatens recovery and growth efforts. Bankruptcies in the U.S. are at their highest level since the global financial crisis and events witnessed already this year in financial services have done little to steady swaying ships.

AlixPartners 18th Annual Turnaround and Transformation Survey

OUR 2023 REPORT FEATURES:

  • The views of 700 executives
  • Macroeconomic and industry outlooks
  • Financing, ESG, and M&A predictions
  • Year-on-year comparisons
  • AlixPartners global perspectives
Download the full report

OUR 2023 REPORT FEATURES:

  • The views of 700 executives
  • Macroeconomic and industry outlooks
  • Financing, ESG, and M&A predictions
  • Year-on-year comparisons
  • AlixPartners global perspectives
    Download the full report
    2023 Report Features

    Nine market-defining data points.
    Nine calls to action for business leaders.

    Download Key Takeaways

    WHAT A DIFFERENCE
    A YEAR MAKES...

    Significant swings and some steady states since our 2022 report, amidst the disruptive forces at play.
    Holly Etlin, Partner & Managing Director, New York | Lian Hoon Lim, Partner & Managing Director, Singapore
    Rainer Bizenberger, Partner & Managing Director, Munich

    Pilar Tarry, Global Co-Head of M&A and Transaction Advisory
    Holly Etlin, Partner & Managing Director, New York | Lian Hoon Lim, Partner & Managing Director, Singapore
    Rainer Bizenberger, Partner & Managing Director, Munich

    Pilar Tarry, Global Co-Head of M&A and Transaction Advisory

    DEEP DIVE: ASIA MARKET

    The rising cost of capital | Jessica Clayton, David Orlofsky and Lee Watson

    This year, AlixPartners also surveyed an additional 200 experts in key Asian markets. The largest components of this respondent group were hedge funds, private equity investors, investment bankers, and other financial players, with approximately two-thirds based in Southeast Asia.

    DOWNLOAD THE FULL REPORT

    DISCOVER MORE

    The rising cost of capital | Jessica Clayton, David Orlofsky and Lee Watson

    THE RISING COST OF CAPITAL

    The rising cost of capital is a huge threat to middle-market businesses. Jessica Clayton, David Orlofsky and Lee Watson analyze the growing liquidity challenges faced by companies as the cost of capital rises globally and explore the strategies that leadership teams must execute to stabilize operational and financial fundamentals.

    AlixPartners 18th Annual Turnaround and Transformation Survey | 2023 report features

    OUR 2023 REPORT FEATURES:

    • The views of 700 executives
    • Macroeconomic and industry outlooks
    • Financing, ESG, and M&A predictions
    • Year-on-year comparisons
    • AlixPartners global perspectives
    Download the full report

    OUR 2023 REPORT FEATURES:

    • The views of 700 executives
    • Macroeconomic and industry outlooks
    • Financing, ESG, and M&A predictions
    • Year-on-year comparisons
    • AlixPartners global perspectives
    Download the full report
    AlixPartners 18th Annual Turnaround and Transformation Survey | 2023 report features

    METHODOLOGY

    Research for the 18th Annual Turnaround and Transformation survey was conducted between May 2 and 25, 2023. Respondents comprised 700 lawyers, investment bankers, lenders, financial advisors, and other industry executives involved in corporate workouts representing more than 20 major industries across the Americas, Europe, Middle East and Africa, and Asia.

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