Eddie Griffith | Partner | Turnaround Professional

Eddie has over 15 years’ experience in business recovery, insolvency and turnaround management. Originally commencing at a top 4 firm in the UK, Eddie has a unique background having been exposed to a broad range of industry sectors with top tier firms and smaller boutique insolvency practices both in the UK & Australia.

In 2011, Eddie relocated from the UK to Australia with his family. Whilst a key player in multiple high profile external administrations, Eddie’s real passion is to work with owners, advisors and stakeholders of SMEs to enable the successful continuation of business wherever possible.

As a pioneer in the field of business turnaround, fortification and renewal, Eddie was the first professional in South Australia to:

Professional Attainment and Memberships

Member & Certified Turnaround Analyst of the Turnaround Management Association. CTA.
Graduate Member of The Australian Institute of Company Directors. GAICD.
Master of Business Administration, Fellow & Chartered Manager of the Institute of Managers & Leaders (formerly AIM). MBA, CMgr, FIML.
Certified Fraud Examiner of the Association of Certified Fraud Examiners (ACFE). CFE.
Member of the Australian Institute of Credit Management (AICM). MICM.
Member of the Institute of Public Accountants (IPA). MIPA AFA.
ARITA Advanced Dual Certification with the Australian Restructuring Insolvency & Turnaround Association - ARITA:
      • Advanced Certificate in Restructuring & Turnaround (highest mark award, 2016)
      • Advanced Certificate in Insolvency (Insolvency Education Program, IPAA 2012)
Joint Insolvency Exams & Certificate of Proficiency in Insolvency (England & Wales). IPA (UK).

The new safe harbour laws state that directors seeking the protection of a safe harbour must appoint an appropriately qualified entity. ARITA’s university (UTS) delivered Advanced subject focuses on operational skills in driving successful turnarounds. There’s no more comprehensive restructuring qualification – and no better way to take your business recovery and advisory skills to the next level.

Australian Restructuring Insolvency & Turnaround Association (ARITA), February 2018

Eddie Griffith specialises in: 
• Strategic Planning & Operations Management (in times of crisis)
• Organisational & Financial Restructuring & Turnaround
Informal Workouts (negotiations) and Safe Harbour Protection and Advisory for Directors 
• Contemporary Credit Management & Recovery Solutions 
• Technological Transformation and Business Fortification 
• Building Strategic Alliances & Partnerships, Managing Stakeholders’ Interests 

Following an objective and independent review of the business, I immediately relieve the pressure placed on both directors and management by formulating market leading strategies.

With a successful track record in operational restructuring and turnaround, I take great pride in confidently tackling the multiple and complex issues that companies face in times of crisis and uncertainty.

Appointments & Industry Exposure

♦ Interim Manager of Agribusiness and separate Aquabusiness
♦ Resident director for international brand and Australian start-up, including building strategic partnerships and forging innovative B2C channels
♦ Managing operations for trading voluntary administrations, exploring options for maximising creditor returns (DOCAs and facilitating sale of business and assets)
♦ Consultant to multiple catholic & independent schools and interim manager for organisation-wide restructure
♦ Interim Manager for retailer with multiple stores (review loss prevention strategies and reduce shrinkage)
♦ Confidential governance advisory and independent risk exposure reviews for directors/boards
♦ Contemporary credit management consultancy services and interim management
♦ Transport and logistics - orderly closure of depots and managing interests for major bank
♦ Investigations where dissipating assets in debtor company. Asset recovery, negotiations, diffusing hostile disputes and opening communication channels
♦ Investigating fraudulent activity and liaising with government departments
♦ Key player in receivers & managers appointment of national renewable energy retailer where 100% return to major appointing bank
♦ Orderly wind down of multi store jewellery retailer & fraud investigation
♦ Crisis management and liaising with stakeholders on behalf of financial planning business
♦ Financial due diligence on acquisitions for corporate clients
♦ Managing interests of private equity firms and reviewing start-ups for venture capitalists
♦ Business reviews for manufacturers and strategic operations management
♦ Independent reviews and business fortification for various cafes and restaurants
♦ Various crisis management engagements, short time frame negotiations and interim management assignments.


Ben Heaney | CEO of ReGroup Solutions (QLD) | Certified Turnaround Practitioner  

Ben Heaney, the founder and CEO of ReGroup Solutions, developed his practice after experiencing first hand just how many business owners are not sufficiently informed about business restructuring options and strategies designed to avoid formal insolvency.

Whilst Ben has extensive experience in advising business owners through formal insolvency situations, he attests to the fact: It's too easy for insolvency advisors to quickly form the view and make the recommendation to Liquidate.

Ben has held positions in top-tier accounting firms and was instrumental in pioneering the pre-insolvency industry over the last decade.  He is passionate about business and as a business owner Ben has successfully created and managed businesses across a spectrum of industries from professional services to manufacturing and international trade.

Ben has the perspective that only experience can bring and his forte is assisting company directors through cash flow crisis, restructuring, turnaround and asset protection.  Ben understands the pressures that the position of being a director brings. Ben provides his clients with practical advice and is motivated by dealing with complex issues.

Expertise

  • Financial turnaround specialist 
  • Financial restructuring, informal workouts and complex creditor negotiations
  • Dealing with banks and financiers 

Client service is at the heart of our business model and customer satisfaction is our key success measure. We know our clients have big things to deal with and we are humbled by the massive relief our Company's service brings to both their business and personal lives.

We understand that it's not only our professional advice that counts, it's also how we deliver it. We are communicators, we are committed, we are professional, we are adaptive to your requirements and we walk right next to you every step of the way.

Ben Heaney 

Steve Conolly | Partner of Genesis (VIC) | Certified Turnaround Practitioner

Steve ConollySteve is a turnaround specialist with 15 years’ experience helping directors and companies secure their businesses in times of financial and operational distress. He leads business recoveries to safeguard stakeholders’ interests and preserve enterprise value.

Steve has led recoveries, business turnarounds and operational transformations for medium and large corporations, locally and internationally. Steve instils creditor and shareholder confidence whilst managing a highly experienced team of legal, financial and other specialist advisors.

Steve focuses on governance, financial controls and operational efficiency as this is part of the process to stabilise and set a company on a trajectory for ongoing sustainability and growth.

A turnaround is more than financial restructuring, it’s about making sure a company has every chance to stay in business for the long haul. Stakeholder interests are maximised by a turnaround. Directors, creditors, shareholders, employees, customers and suppliers all have a stake in ensuring their interests are protected.

In previous turnaround roles Steve has held senior C-level positions; such as ANZ CEO and MD of a global brand & enterprise. Steve has also served as a key member of a Federal Government Advisory.

Expertise 

  • Operational Restructuring & Turnaround 
  • Governance, Business Advisory and Managing Stakeholders' Interests
  • Business Performance Transformation
My greatest rewards are experiencing the positive impact to people's lives when they overcome a business crisis and we help them on their way. These relationships always stand the test of time.
Steve Conolly

The TMA believes our ambition of innovating business cultures to accept that corporate rescue should be contemplated early in a business cycle is achievable in the near to medium term.

Take action & make contact

If you are in need of advice regarding your business, please contact us ASAP for a free confidential consultation.