Standing firm in the storm: Alan Tilley on independent turnaround leadership

BM&T Chair and Founder, Alan Tilley, shares insight into his hands-on approach to turnaround and restructuring in Financier Worldwide’s 2024 Restructuring and Insolvency special.

In this exclusive feature, Alan Tilley outlines BM&T’s core philosophy: delivering independent, operationally grounded turnaround solutions that preserve going concern value and save jobs. He highlights the firm’s clear focus — rescuing viable businesses before insolvency becomes inevitable.

Alan emphasises the power of early intervention, stakeholder engagement and above all, integrity:

“Where a viable business exists and where cash can be brought under control, we save businesses and jobs.”

BM&T’s independence from bank-led referral models allows it to act solely in clients’ best interests — often stepping in as CRO, CFO, or COO to stabilise the business and lead from within. Drawing from decades of international experience, Alan stresses the need for empathy and resolve when working alongside directors under pressure.

The piece also showcases BM&T’s role in shaping the next generation of turnaround professionals. Through their leadership within TMA Europe and collaboration with Leiden University, BM&T has helped pioneer the Certified Turnaround Professional (CTP) qualification across Europe.

A summary of recent engagements reinforces the firm’s cross-sector versatility — from multi-site manufacturing integrations to guiding distressed tech firms through investor exits and strategic repositioning.

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