References

Here is a selection of successfully completed mandates:

A good address

References can be named in a confidential conversation.

 

Preparation of the five-year strategic corporate plan for submission to the Supervisory Board for a decision

Customer:

Medium-sized municipal housing construction company with subsidiary and foundation with extensive construction and modernisation activities, total assets: EUR 600 million

Situation:

Critical personnel situation, as Head of Finance has resigned and new Head of Finance has not yet been appointed. Corporate planning must be submitted to the supervisory bodies on time as a decision paper and for approval.

Order:

  • Preparation and planning of the five-year strategic business plan/economic planning
  • Review and planning of reports from the individual business divisions
  • Integration of the subsidiary into the corporate planning of the
  • Parent company
  • Preparation of risk reports

Result:

1. planning and review of the reports from the individual divisions was integrated into corporate planning.

2. integration of the subsidiary into corporate planning

3. the five-year strategic corporate plan/economic plan was presented to the Supervisory Board on the agreed date and approved.

Examination and approval of economic aid from companies of various legal forms and from a wide range of industries

Customer:

State development bank

Situation:

Global economic crisis due to the COVID-19 pandemic and the measures taken as a result (lockdowns, closures, etc.)

The subsidies were disbursed via the state development bank, which also processed/checked the subsidy applications

Order:

Processing and approval of extremely complex funding applications from company groups/groups with large funding amounts and high risk potential

The aim was to cushion the coronavirus shock, preserve the structure and substance of the economy and enable a rapid economic turnaround

Result:

1. successful processing of state subsidy applications and prompt disbursement of economic aid

2. ensure that the application as a whole is free from material misrepresentation and complies with the State aid rules

3. careful compliance check due to the amount of funding requested, which could be up to EUR 54.5 million depending on the programme and aid scheme

4. uncovering numerous cases of fraud as part of the prevention of abuse, relieving the state treasury

Management crisis- Commercial management / CFO

Client:

Mittelständisches Wohnungsbaugenossenschaft e.G., residential and commercial property, total assets: EUR 350 million, 50 employees

 

Situation:

After the sudden departure of the commercial director, the commercial management had to be taken over on an ad hoc basis, the operational business continued and the team stabilised.

Order:

  • Takeover of operational commercial management due to reorganisation
  • Management of the commercial area, finance and accounting
  • Preparation of annual report/supervision of the annual audit, special audits, budgeting
  • Stabilisation of the team
  • Support for the introduction of a new ERP system

Result:

1. successful continuation of the operating business and stabilisation of the commercial division

2. complete preparation of the annual report and monitoring of the annual audit

3. successful introduction of a new ERP system

4. implementation of legally compliant rent increases to increase profitability

Asset manager for the Germany-wide property portfolio

Client:

Listed leading Norwegian investment bank/fund manager

 

Situation:

Norwegian investment bank fund manager buys large-volume property portfolios in Germany for the first time, in particular residential and care properties, assets in Germany > EUR 2 billion

 

Order:

  • Selection/management of external property managers and tax consultants, lawyers and other service providers
  • Support in property transactions Purchase and sale, due diligence
  • Integration of acquired properties into the existing portfolio
  • Preparation of business plans
  • Improving the performance of the property portfolio
  • Coordination of the German investments with the Norwegian headquarters and the companies domiciled in Luxembourg

Result:

1. establishment of Germany-wide property management structures

2. integration of the purchased properties totalling EUR 500 million into the portfolio

3. increasing the profitability of the portfolio by concluding new service contracts/property management contracts, reducing vacancies, lowering maintenance costs and operating costs, selling unprofitable properties from the portfolio

4. setting up/ensuring timely reporting to headquarters. Management of tax consultants/accounting service providers

Commercial management/ project management

Client:

Property management company - property service provider

 

Situation:

Interim commercial management/ project management

 

Order:

  • Commercial management of property companies; property companies
  • Preparation of annual financial statements, controlling
  • Investment and financial planning of property portfolios
  • Process optimisation

Result:

  1. Commercial management and stabilisation of real estate companies

  2. Preparation of annual financial statements - further development of controlling

  3. Investment and financial planning, control and reduction of maintenance expenditure

  4. Significant increase in the return on the portfolios by reducing maintenance costs, lowering operating costs and concluding new service contracts, among other things

Project Manager - CFO Sparring Partner

Client:

Industrial subsidiary of a large American group company, manufacturing, building materials/insulation materials, production sites in Europe (Germany, England, France, Switzerland)     

Situation:

The long-serving CFO is in poor health and is now only available to the company on a temporary basis. Taking on projects as a sounding board for the CFO

Order:

  • Management reporting to the American parent company (US-GAAP)
  • Takeover and integration of the external treasury division (insourcing)
  • Product cost calculation, supplier controlling
  • Intercompany eliminations

Result:

  1. Significant stabilisation of finance and accounting/controlling

  2. Successful takeover and integration of the external treasury division (insourcing)

  3. Intercompany offsetting, which led to a tax-optimised charge and thus to an increase in profitability.

Coaching/consulting for more than fifty start-ups/foundations, established companies from various sectors, succession planning, acquisition and sale of companies (M&A)

Client:

More than fifty start-ups and founders and more established companies from a wide range of sectors 

 

Situation:

Coaching/counselling for start-ups/foundations, established companies from various industries, acquisition and takeover of companies, founders who need financing, entrepreneurial loans, subsidies 

 

Order:

  • Advice on the choice of legal form
  • Preparation of business plans - business concepts
  • Preparation of liquidity calculations, financing calculations and profitability calculations
  • Applying for public loans from the Kreditanstalt für Wiederaufbau (KfW), state banks, private financial institutions
  • Applying for start-up grants, entrepreneur loans
  • Support for company acquisitions, succession planning
 

Result:

1. successful support for the founding of over fifty start-ups, business start-ups, succession planning

2. preparation of viable business plans and corporate concepts

3. generation of start-up grants, entrepreneur loans, public subsidies

4. successful support for company acquisitions and succession planning