We lead complex turnarounds and strategic transitions across borders, working shoulder-to-shoulder with owners, boards, legal professionals and lenders to deliver operational leadership, financial clarity and lasting results. Crisis-tested, execution-focused and trusted when it matters most.
Since 2008, BM&T has delivered expert-led, hands-on turnaround mandates across industries and borders. We bring clarity in crisis, restore control in complex and special situations, and work shoulder-to-shoulder with owners, boards, lenders, shareholders and legal teams to preserve and unlock enterprise value, protect jobs and reputations, and deliver the right outcome, whatever the situation demands.
£
m
Largest single engagement. 54 lenders. One trusted partner.
£
bn
Enterprise value preserved, recovered or unlocked.
%
+
Institutional referrals or repeat engagements from lenders and law firms.
From £750m engagements to cross-border recoveries, our track record is measured not just in numbers, but in businesses saved, jobs preserved and futures secured.
Stabilising cash, managing debt and aligning stakeholders
BM&T leads financial restructuring and liquidity strategies in times of financial stress and operational uncertainty. We stabilise cash flow, enhance visibility and manage debt exposure, buying time, restoring control and protecting value. From 13-week cash flow planning to long-term balance sheet restructuring, we lead lender negotiations and drive stakeholder alignment to enable recovery, resilience and sustainable performance.
Liquidity and cash-flow management
Debt restructuring and renegotiation
Special situations, exits and distressed M&A
Structured credit funding
Business reviews and advisory support
Leading under pressure to restore performance, regain control and protect value.
BM&T leads operational turnarounds for businesses under pressure, bringing calm, crisis-tested leadership to stabilise performance and chart the right path forward. We uncover what’s really happening, address these issues, align stakeholders, and manage critical risks. From interim CRO/OP mandates to business model realignment and strategic execution, we work shoulder-to-shoulder with leadership teams to deliver sustainable recovery, or where appropriate a managed exit, with clarity and control.
Crisis management and interim leadership
Operational turnaround and cost reduction
Business model realignment and market repositioning
Managed exits and corporate wind-downs
Turnaround financing and capital restructuring
Future-proofing performance through strategic clarity, leadership alignment and scalable execution.
BM&T supports organisations through complex transitions, from leadership succession and governance shifts to mergers, integrations and growth strategy. We work alongside boards, founders, and investors to strengthen alignment, unlock capital, and embed operational and financial discipline. Our role is to help businesses scale with clarity, resilience and purpose, building the foundations for long-term value creation.
Strategic M&A and integration
Leadership succession and governance alignment
Capital structuring for growth and expansion
Strategic realignment and transformational planning
Recognised by peers, trusted by institutions, referenced by leaders.
BM&T's leadership has helped define best practice in turnaround and restructuring - including authoring one of the field's most trusted textbooks. Our work is recognised by leading institutions, endorsed by professional bodies, and shaped by hands-on experience.
Our expertise is recognised through contributions to globally respected publications, including the authoritative textbook Turnaround Management: Unlocking and Preserving Value in Distressed Businesses and influential articles such as the ICAEW-published paper on turnaround leadership excellence.
These works reflect the real-world insight, operational discipline and ethical leadership that define BM&T’s approach to stabilising and transforming businesses.
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At BM&T, our results are reflected not only in the businesses we save but also in the industry recognition we have earned.
We were named Turnaround Practitioner of the Year at the Insolvency and Rescue Awards, recognised with the Global Turnaround of the Year at the TMA International Awards, and awarded European Turnaround of the Year twice by TMA Europe.
Most recently, we were honoured as Company Recovery Advisory Firm of the Year 2024 by Corporate International.
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BM&T’s leadership team has been recognised for outstanding contribution to the turnaround profession.
Alan Tilley was awarded Turnaround Practitioner of the Year, David Bryan received the TMA Global Chair’s Award for advancing industry standards across Europe, and Anton de Leeuw was named TRI Turnaround Practitioner of the Year 2022.
Their achievements reflect the leadership's commitment to excellence, professionalism and lasting impact.
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We lead from within - bringing senior, steady leadership to the most critical moments of operational disruption.
As a values-led firm, we deliver impartial advice and execution - trusted by legal advisers and lenders to act with clarity and integrity.
Our cross-border expertise delivers seamless coordination across jurisdictions - aligning stakeholders and restoring control in complex environments.
We bring calm, clarity and authority into high-stakes negotiations - restoring trust between management, lenders, investors and employees.
Every intervention is lean, senior-led and focused on measurable outcomes - preserving value, jobs and control where they can still be secured.
We move fast - but never blindly. Our restructuring advice is grounded in operational reality, financial insight and informed judgement - even when data is incomplete.
Explore thought leadership, grounded case reflections and timely updates from across the crisis management, turnaround and restructuring landscape. Covering financial, legal, operational and strategic dimensions, our insights help leaders navigate complexity with clarity, confidence, and control.
