GWLG-RGB-Positive-logoGWLG-RGB-Reverse-logo
Who we are
What we do
Our people
Insights
Topics
  1. Gowling WLG
  2. > Services
  3. >
    Distressed M&A

Distressed M&A

Corporate M&A - Distressed M&A (CA) - website - banner - image

Overview

Selling or buying a financially challenged enterprise requires a unique set of skills and tools. Gowling WLG's distressed M&A professionals combine M&A, restructuring and insolvency strategies to preserve, extract and enhance the value trapped in a troubled business.

The challenge

The distressed target is running out of cash. Management is putting out fires and dealing with angry stakeholders and predatory competitors. Customers and suppliers are looking for exits. No one trusts the information coming out of the business. Gowling WLG's Distressed M&A professionals act quickly to bring clarity and preserve the going concern value of the target enterprise.

The opportunity

Distressed businesses can be acquired at low multiples of EBITDA relative to historic pricing. If the buyer has the cash and skill to rationalize the business and survive the crisis, the acquisition of a troubled company can pay significant dividends as the target recovers.

How we can help

When received early, strategic advice can often diffuse hostile relationships between distressed companies, their creditors and equity holders. It can also help acquirers gain an early advantage over other bidders, as well as secure and protect critical suppliers and customers to ensure continued viability.

By combining insolvency and restructuring knowledge with our experience in healthy M&A processes, the Gowling WLG team can run a seamless distressed M&A transaction from start to finish.

Learn more

To find out how we can support your distressed M&A needs, please contact any member of our team.

Selling or buying a financially challenged enterprise requires a unique set of skills and tools. Gowling WLG's distressed M&A professionals combine M&A, restructuring and insolvency strategies to preserve, extract and enhance the value trapped in a troubled business.

The challenge

The distressed target is running out of cash. Management is putting out fires and dealing with angry stakeholders and predatory competitors. Customers and suppliers are looking for exits. No one trusts the information coming out of the business. Gowling WLG's Distressed M&A professionals act quickly to bring clarity and preserve the going concern value of the target enterprise.

The opportunity

Distressed businesses can be acquired at low multiples of EBITDA relative to historic pricing. If the buyer has the cash and skill to rationalize the business and survive the crisis, the acquisition of a troubled company can pay significant dividends as the target recovers.

How we can help

When received early, strategic advice can often diffuse hostile relationships between distressed companies, their creditors and equity holders. It can also help acquirers gain an early advantage over other bidders, as well as secure and protect critical suppliers and customers to ensure continued viability.

By combining insolvency and restructuring knowledge with our experience in healthy M&A processes, the Gowling WLG team can run a seamless distressed M&A transaction from start to finish.

Learn more

To find out how we can support your distressed M&A needs, please contact any member of our team.

Key contacts

David Cohen

David F.W. Cohen

Partner

Leader, Financial Institutions & Services Group (Canada)

Toronto
View our team
Corporate M&A - Distressed M&A - in-page

Subscribe for updates

Sign up to receive insights on the latest legal changes and developments

Subscribe

Stay connected

  • Email icon - White
  • LinkedIn logo - white
  • X Twitter logo - white
  • Facebook logo - white
  • YouTube logo white
  • Instagram logo - white
gowlingwlg

Gowling WLG is an international law firm comprising the members of Gowling WLG International Limited, an English Company Limited by Guarantee, and their respective affiliates. Each member and affiliate is an autonomous and independent entity. Gowling WLG International Limited promotes, facilitates and co-ordinates the activities of its members but does not itself provide services to clients. Our structure is explained in more detail on our Legal Information page.

PeopleSectorsServicesClient solutionsInsightsNewsClient work
TopicsEventsCareersWho we areGlobal reachContact us

© 2025 Gowling WLG All rights reserved.

Legal information
Privacy statement
Accessibility
Terms of use
Cookies
Sitemap
Remote access
Terms of business