Angela Haynes has recently joined as a Director in KPMG’s growing Restructuring Services (RS) team and is based at Parramatta to expand these services into Greater Western Sydney.

Angela has practiced in restructuring and turnaround for the past 11 years. This is the first time KPMG have had a dedicated RS-GWS practice and from feedback, the market is very welcoming of Angela and this local KPMG capability.

Restructuring Services are no longer ‘undertakers’ or ‘bad guys’ as once known. KPMG’s RS team has a skill skills that enable much earlier intervention, when symptoms of distress arise, before it is terminal. Examples may include:

- creditor & bank pressure;

- failure to thrive;

- running out of cash;

- declining profitability;

- covenant breaches; and

- a need for turnaround.

For performing companies not in distress, KPMG has a Rapid Diagnostic service that can identify opportunities for savings, cash release and optimisation of financial and operational performance through the 9 levers of value.

For critical and urgent circumstances, or where creditors are commencing legal action, KPMG are very experienced in understanding and diagnosing quickly. Options are greater if a company acts early. If Voluntary Administration or Liquidation is required, KPMG are well regarded, sensitive and responsible. Confidentiality for sensitive matters is paramount.

At times a Board or Management may sense an underlying problem but cannot put their finger on it. Other times, issues are clear as day. This is when specialist advice comes into its own.

About Angela

Angela grew up and schooled in Greater Western Sydney undertaking a B Com(Accounting) at WSU. She then gained her Chartered Accountant qualification and has over 25 years commercial & financial business experience. Angela looks beyond the obvious and delivers practical strategies for responding to change, performance and cash flow challenges with options designed to restore and improve value.

She is experienced in both restructuring and turnaround and providing deal services across the business lifecycle:

• working with companies through expansion, contraction or distress to maximize value & outcomes;
• providing early intervention & performance improvement to stabilize or return to growth;
• solvency reviews, strategic advice, external administrations, solvent and insolvent liquidations and stakeholder representation;
• interim management including CFO and CEO;
• advising & assisting transactions and post deal integration following mergers or acquisitions;
• project managing deals including due diligence, sale agreements, completions, and 100 days plans.
• enhancing provision of smooth functioning, properly managed finance and operating environments.

Angela’s industry experience spans manufacturing, financial services, NFP, transport, bloodstock, wine, timber, education, aged care, religious organizations, horticulture, utilities and hospitality.

She is completing a Graduate Diploma in Corporate Governance & Risk Management. Is presently on the Board of Athletics NSW and formerly on the NSW Veterinary Practitioners Board. She has also community positions with Woodstock Runners, Bankstown Council and the UWS Student Association.

Angela will travel and is very happy to chat through options and ideas and can be contacted any time on 02 8841 2150 or 0419 444 010. Her email is ahaynes1@kpmg.com.au.