This is a new service offering corporate rescue and turnaround management for companies.
Everest has an exceptional and extensive history in corporate rescue and special situations, thanks to prior experience in the US and Europe. This unique expertise is a rarity in the Israeli marketplace facing, at times, restructuring processes and provides much needed corporate turnaround professionals.
Pioneering turnaround management in Israel as a service, Everest, with unparalleled experience from U.S and Europe in corporate rescue, turnarounds and successful recoveries of ailing business is now available in Israel to local company owners, bondholders or other lenders and boards of directors.
The Corporate Rescue team focuses on the hardest and most crucial 3-4 months of saving the business, providing a comprehensive analysis of the situation and the steps needed to be taken immediately to save the businesses – refinancing, closing or selling business units, settlements and short term hiring and firing of labor. When investment banking transactions are needed, our investment bank will execute the necessary steps.
The team is led by Nani Maoz who will personally get involved in the process.