Pullmantur Group
With over 40 years of experience, the Pullmantur Group is the only cruise tourism group in Spain and one of the most relevant in Europe. Since 2006, it has been part of Royal Caribbean, the second largest cruise operator in the world.
+360 million euros in liabilities
+295 million euros in assets
+350 employees
Actions
Financial stabilization of the group and continuous work in search of investors to finance the business plan that enables the project. The release of pledged deposits in banks was obtained for the issuance of bank guarantees that counter-guaranteed the coverage of the mandatory bond policy for the maintenance of operating licenses (4 million dollars + 2 million euros).
Financial stabilization of the group and continuous work in search of investors to finance the business plan that enables the project. The release of pledged deposits in banks was obtained for the issuance of bank guarantees that counter-guaranteed the coverage of the mandatory bond policy for the maintenance of operating licenses (4 million dollars + 2 million euros).
Fiesta
Company dedicated to the manufacturing and commercialization of sweets in over 50,000 points of sale throughout the national territory, exporting the rest of the products to more than 20 countries through its commercial network installed outside of Spain.
ACTIONS
Operational restructuring of the company with the objective of designing an operational plan whose channeling managed to go from a negative EBITDA to an EBITDA higher than 2 million euros, resulting in the sale of Production Units, with a profitability of over 80% (x9 EBITDA).
Banco Madrid
Since its launch in 2003 as a private entity, Banco Madrid has become one of the most important credit institutions in the national scene.
+ 808 milhões de euros em passivos
+ 4000 bilhões de euros gestão de passivos
+ 313 funcionários
ACTIONS
Sale of the bank's asset management arm to cover part of the debts claimed by creditors in liquidation; Reimbursement of payments to clients above 80%; Given the public interest of Banco Madrid, the entire management was carried out under the supervision of CNMV, Banco de España and FOGADE.
Sale of the bank's asset management arm to cover part of the debts claimed by creditors in liquidation; Reimbursement of payments to clients above 80%; Given the public interest of Banco Madrid, the entire management was carried out under the supervision of CNMV, Banco de España and FOGADE.
Isolux Corsán
Formed by more than 150 companies and 322 Joint Ventures, with a total responsibility value of over 8 billion euros, the Isolux Group was the largest construction, infrastructure and concessions group in terms of business volume.
+55 COUNTRIES
+4,000 EMPLOYEES
+1.6 MILLION EUROS IN GUARANTEES GRANTED BY FINANCIAL INSTITUTIONS AND INSURANCE COMPANIES
ACTIONS
For the first time in Spain, a credit refinancing against the mass exceeding 450 million euros was obtained, an international fund injected liquidity into the Group, settling the aforementioned bank debt and reintegrating the value of the ERE corresponding to FOGASA financing. The management of guarantee recovery was also carried out, totaling more than 1.3 billion euros, in addition to optimizing the group's own resources, managing all its departments. Major international claims of more than 200 million euros were handled. To ensure the viability of the business, more than 25 UPAs were sold in various countries.
For the first time in Spain, a credit refinancing against the mass exceeding 450 million euros was obtained, an international fund injected liquidity into the Group, settling the aforementioned bank debt and reintegrating the value of the ERE corresponding to FOGASA financing. The management of guarantee recovery was also carried out, totaling more than 1.3 billion euros, in addition to optimizing the group's own resources, managing all its departments. Major international claims of more than 200 million euros were handled. To ensure the viability of the business, more than 25 UPAs were sold in various countries.
TECNA
TECNA is a company dedicated to technology, engineering, and construction, with subsidiaries in several Latin American countries.
ACTIONS
Legal and financial advisory, administrative management, consultancy services in the area of management of payments due to creditors, planning and administration of the company's activities related to its orientation and administrative management of contracts, aiming to file for judicial recovery through the development of the "Judicial Recovery Plan." Mapping and analysis of the company's operations, indebtedness, and strategic objectives of the societies it owns, review of debt, financial and commercial contracts, and relationships with suppliers and partners in search of the best approach solution. Analysis of the Income Statement, Cash Flow, and major Balance Sheet accounts, as well as the study and evaluation of alternatives for renegotiation of liabilities and capital structure adequacy. Development of the Strategic Restructuring Plan of the societies (PERS), monitoring and monitoring of the implementation process, support, and execution of post-implementation actions of the PERS, obtaining compliance with the defined goals advantageously for the society.
ISOLUX PROJECTS
The Isolux Group's main activity is the development of high technical complexity engineering and civil construction studies and projects, and to achieve the success of the project, rigorous technical monitoring is required.
ACTIONS
Provision of consultancy services in the management, planning and administration of the company's activities related to its guidance and administrative management of contracts through extensive expertise in contract management, coordination of work, definition of strategies and the use of business solutions focused on improving and achieving better results in projects of this nature.
ÁGUA LIMPA PAULISTA
The company Água Limpa Paulista S.A. was founded in 2008 and operates in the construction of water supply networks, collection and installation of sewage treatment, construction of power and communication lines, and related constructions.
ACTIONS
Mapping and analysis of the company's operations, indebtedness and strategic objectives.
We defined the best strategy from a corporate, financial and operational perspective, as well as identifying possible threats and opportunities, minimizing the impact on judicial processes with third parties.
Review of debt, financial and commercial contracts and relationships with suppliers and partners. Analysis of the main movements of the Income Statement, Cash Flow and main accounts of the Balance Sheet, as well as the study and evaluation of alternatives for debt renegotiation and capital structure adjustment.
Definition and implementation of a Strategic Restructuring Plan (PER), achieving the defined goals in a advantageous manner for the company. Support in defining the communication strategy to the market, development of financial modeling, assistance in negotiating with different financial and commercial creditors, as well as evaluating and mapping opportunities for asset realization and new fundraising for debt renegotiation or settlement.
We defined the best strategy from a corporate, financial and operational perspective, as well as identifying possible threats and opportunities, minimizing the impact on judicial processes with third parties.
Review of debt, financial and commercial contracts and relationships with suppliers and partners. Analysis of the main movements of the Income Statement, Cash Flow and main accounts of the Balance Sheet, as well as the study and evaluation of alternatives for debt renegotiation and capital structure adjustment.
Definition and implementation of a Strategic Restructuring Plan (PER), achieving the defined goals in a advantageous manner for the company. Support in defining the communication strategy to the market, development of financial modeling, assistance in negotiating with different financial and commercial creditors, as well as evaluating and mapping opportunities for asset realization and new fundraising for debt renegotiation or settlement.
