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We are NK5, we solve complex situations

Leading independent firm as Chief Restructuring Officer (CRO) and in Transitional Investment since 2015

What we do
We identify and solve situations that lead to financial distress, seeking to align the interests of the parties.

We work with companies, their shareholders and other stakeholders, acting on their financial problems before they become operational and jeopardise the viability of the company.

We know the signs and, from experience, the alternatives and potential outcomes to consider.

Our role is broad, we can act as CRO (Chief Restructuring Officer), in management roles, designing and negotiating financial structures, performing business analysis (IBR) or contingency and improvement plans. We also invest in companies in these situations to stabilise them and recover their value.

Restructuring and Turnaround
Transitional Investment
How do we do it
Tailored solutions when time and financial resources are limited for companies in distress.

We apply our founding principles in all the situations in which we engage

Independence

We focus on what we know, eliminating any conflict of interest and always applying a unique and independent criteria, trying to align the parties interests in the search for solutions.

Value cretion

We are committed to creating value for the companies we work with and invest in, redirecting them towards viability.

Our purpose is that the increase in value creation will be beneficial to all parties involved.

Flexibility

Tailor-made solutions for every situation.

In addition to the services we offer, we have the ability to take control of a company by investing in it, being its managers or being represented on the board of directors.

Alignment of interests

We work constructively, aligning ourselves with the objectives of all parties involved and sometimes managing conflicting interests.

We improve the relationship between the parties involved and facilitate the negotiations for the success of the situation.

Tailored solutions to companies suffering from financial distress that always end up in operational problems.
Triggering event
  • Leveraged buyout
  • Over-indebtedness
  • Lack of financing
  • Operational problems undermining the cash position
  • Credit lines cuts
  • Shareholder dispute
  • Absence of a Management Team
  • Orphan subsidiary
  • Increased costs (inflation, raw materials, energy, staff…)
Stabilization
  • Situational diagnosis
  • Sizing
  • Cash Management
  • Working Capital restart
  • Contingency Plans
  • Business plan review
  • Operational restructuring
  • Reporting to Banks
  • Realiable and verified forecasts
  • Reporting to the Board of Directors
Restructuring and/or change of control
  • Option analysis
  • Board advisory
  • Insolvency scenarios
  • Refinancing
  • Financial Control
  • Debt trading
  • Control by NK5 or by third parties
Value recovery
  • Focus on Company Value
  • Focus on business/management
  • Execution of value levers
  • Business Growth
  • Business Plan compliance
  • Leadership
  • Alignment of interests
Value creation
  • Value Maximization
  • Industrial disinvestment
  • Repurchase by partners
  • Public listing
  • Debt Refinancing
  • Capitalization
  • Investor’s Agenda
About us
An expert team at your service

We are an action-oriented team that solve challenges when time and options are limited

Juan José Nieto
Chairman & Founding Partner

“Our experience allows us to understand the pressures and challenges that a company faces.”

Manuel Roca de Togores
Managing Director - Chief Operating Officer
Founding Partner

“We know the levers and necessary tools to tackle the instability and financial problems of a company.”

Success stories
Success stories

Our presence is extensive and includes leading companies in a wide variety of sectors

Featured Cases
Services / Tourism
CRO + Debt Advisory

A company from the tourism sector with a high degree of leverage that kept bank financing lines disabled. NK5 acted as CRO performing weekly monitoring of cash flow and requesting financing from banks based on the reviewed Business Plan and the company’s repayment capacity.

Industrial / Basic industry
Investment

Investment opportunity analyzed together with a financial institution. The acquisition was dismissed due to lack of visibility on the Business Plan and the viability of the business.

Industrial / Aluminum
CRO + Investment

In 2015 Baux group was on the edge of bankruptcy with multiple operational problems motivating the entry of NK5 as CRO. As part of a complex restructuring process, NK5 becomes the sole shareholder of Baux that successfully disinvests the Company in 2018.