Specialist Field
Registered Business Rescue Practitioners guiding distressed companies through recovery, restructuring, and sustainable turnaround.
Overview
SAAC's Business Rescue & Turnaround practice is led by registered Business Rescue Practitioners who specialise in guiding financially distressed companies through formal rescue proceedings under Chapter 6 of the Companies Act, 2008. We combine deep legal and financial expertise with practical operational experience to develop and implement business rescue plans that protect jobs, preserve value, and create viable paths to sustainability. Our approach is hands-on, transparent, and focused on achieving the best possible outcome for all stakeholders.
Formal business rescue proceedings under Chapter 6 of the Companies Act
Business rescue plan development and implementation
Creditor and stakeholder negotiation and management
Operational restructuring and cost rationalisation
Working capital management and cash flow stabilisation
Post-rescue monitoring and sustainable growth planning
Chapter 6 proceedings under the Companies Act, including appointment as Business Rescue Practitioner.
Structured engagement with creditors, shareholders, and affected parties to reach consensus.
Operational restructuring, cost rationalisation, and performance recovery programmes.
Stabilisation planning and growth strategies to ensure long-term sustainability.
Our Approach
01
Secure the business, assess viability, and implement immediate cash preservation measures.
02
Develop a comprehensive business rescue plan with input from all stakeholders.
03
Execute the rescue plan — operational, financial, and organisational restructuring.
04
Monitor recovery, ensure plan compliance, and transition to sustainable operations.
More Related Work
Let's discuss how our business rescue & turnaround capabilities can create value for your organisation.