TEAK was initially established in 2007 as an investment fund to manage a managed account of a fund of Goldman Sachs.
TEAK has evolved from its birth as a financial investor into a strategic investor in selected industries and has developed 4 core businesses through its subsidiaries and affiliates:
TEAK CAPITAL PARTNERS
TEAK ACQUISITION CORPORATION
TEAK TURNAROUND MANAGEMENT
TEAK’s multi-disciplinary approach preserves and unlocks value in enterprises through corporate, financial, organizational, legal and operational restructuring by applying a number of basic principles including the following:
Balance sheet restructuring alone is often inadequate.
Corporate structures are key to efficient capital structures.
Operational restructuring typically offers the key to unlocking and realising value.
A pragmatic approach is often required to achieve effective operational restructuring with management and employee buy-in.
A staged strategic approach is generally adopted to facilitate embracement of proposals from all stakeholders including shareholders, management, employees, unions, creditors and other counterparties.
TEAK manages expectations to ensure efficient and effective implementation.
TEAK’s approach focuses on creating participant alignment.
TEAK cleans assets from complex restructurings, extracts value others miss and strategically targets assets from the opportunity created by distress.
In contested or difficult scenarios TEAK’s legal and strategic experience together with its relationships in the private and public sector permit it to navigate the most difficult of situations.