Distressed businesses bolstered by huge turnaround investment

Tue, 28 Jun 2011

True their names, turnaround investors are helping to turn around the British economy, after investing nearly £1 billion in distressed and failing companies during the last twelve months. 

The investors are stepping in to companies while they are still solvent, helping to rejuvenate business while the company hangs on to its integrity. 

KPMG restructuring expert, Mark Firmin, said that these business angels often have enormous experience in restructuring, and the large pool of cash they currently command makes for very good news for business rescue across the UK.

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