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MML & Partners: Saving Time and Money with Preemptive Restructuring


MML & Partners (MAIER MARINONI LOONEY & CO. AG CORPORATE FINANCE – M&A – BUSINESS ADVISORY) is a partner owned, corporate finance advisory firm specializing in family owned, middle market businesses.

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Restructuring is a word that typically causes a strong, negative reaction. Visions of hard decisions, long hours and the impression of mismanagement come to mind. However, this does not have to be the norm. MML & Partners, for example, takes a proactive approach to restructuring. Rather than wait until financial distress occurs, they engage companies that are in danger of a crisis and work with senior management to guide them on the path to a sustainable future.

A good example of MML‘s expertise can be seen in their recent work with a first-tier automotive supplier. During the crisis of 2009, MML was approached by the owners of the company to discuss options for the future. Although the automotive supplier was weathering the recession well, the owners were concerned about their ability to get the company to the next level of development and ensure its long-term viability.

MML took a three-step approach to resolving this situation. First of all, they developed a common understanding with executive management, defining the company‘s direction and devised a strategy to reach those goals. Secondly, after a thorough analysis, they implemented the tools and organizational changes necessary for long term success. Lastly, MML put a transparent controlling in place that enabled active monitoring of both operations and finance while helping the client reduce their borrowing costs.

Today the automotive supplier has a clear strategic focus on lightweight components and is a technological leader in the carbon fiber (CFRP) component production process. Their strategy of keeping high value added jobs in Germany while producing other components in less costly parts of Europe has paid off well.

Not only have they solidified their expertise in a fast-growing field, but they also have stable cash flow, a good management cadre and a transparent reporting system, all of which build the foundation for their next step, financing global growth.

Although for most, restructuring means financial restructuring, financial distress is almost always rooted in problems with strategy, organization and marketing rather than pure financial issues. Taking a proactive approach, in MML‘s experience, has proven to save time and money in the long run.

About the company
MML & Partners (MAIER MARINONI LOONEY & CO. AG
CORPORATE FINANCE – M&A – BUSINESS ADVISORY) is a partner owned, corporate finance advisory firm specializing in family owned, middle market businesses. Our goal is simple: Provide business owners with the expertise and access to capital they need to grow their businesses successfully. Using our practical understanding of business owners’ needs, we create close, long-term relationships with our customers, helping them develop and implement a sustainable strategy that maximizes their business value over the long-run.
For more information please visit: www.mml-partners.com

Contact
Udo Raith
Partner
MML & PARTNERS
Heinrich Hertz Str. 6
64295 Darmstadt
T +49 6151 95 797 40
E udo.raith(at)mml-partners.com

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