Turnaround shareholders
From Turnaround Dilemma to Turnaround Success
- Turnaround success through a unique business model
- AL is both a turnaround shareholder and a turnaround specialist
- We create shared opportunities with aligned interests – turnaround profits are shared fairly
- AL’s top turnaround experts lead the way back to success (refinancing or transaction)
- AL stands for quality and integrity
- A clear path forward with participation in the turnaround success
- No conflicts of interest or costly "armies of consultants"
- Minimisation of reputational and liability risks as well as relief from turnaround pressure
- Avoidance of potential consolidation and equity substitution risks
- Application of German corporate structures and proven transparency rules
Facing a critical company situation?
Is a successful turnaround doubtful?
Does the fundamental business model have long-term prospects?
Is trust between stakeholders at an all-time low?
Would a distressed sale lead to significant loss in value?
As shareholders you seek a partner who:
- Leads your company out of crisis and demonstrate how a systematic turnaround can preserve value and avoid personal reputational damage.
- Will improve your chances of financial gain from a successful turnaround, compared to a distressed sale or insolvency.
As a lender you need a partner who:
- Swiftly and substantially enhances the recoverability of your loans through uncompromising turnaround strategies,
- Aligns the turnaround strictly towards maximising the repayment of your loans, and
- Distributes the added value fairly among key risk-bearers.
Who We Are
About AnderschLiebthal
We combine our professionalism and experience as successful turnaround experts and entrepreneurs with the traditional values of an “honourable businessman”. On this foundation, we have developed a unique and fair profit-sharing business model that benefits all risk-bearers.
What We Do
Turnaround shareholders

What We Do
Corporate Governance
In our role as a neutral and reliable third party we propose comprehensive corporate governance structures, tailored to the situation and the expectations of all stakeholders, that will enable trust to be restored in challenging corporate situations.