Businesses operate in a dynamic and constantly changing environment. Market conditions, the competitive landscape, regulatory requirements, access to capital, as well as the strategic objectives and expectations of business owners continue to evolve over time. Throughout its lifecycle, a company may experience various stages of development—from growth and expansion to stabilisation, restructuring, or even financial distress. Timely and professionally implemented reorganisation and restructuring solutions can play a crucial role in adapting the business to both internal and external changes, ensuring its long-term sustainability and preserving shareholder value.
We provide comprehensive reorganisation and restructuring services, helping business owners, management teams, and investors adapt their corporate structure, operating model, and financial management to changing business conditions. Our approach is based on an in-depth understanding of the client's business, financial position, legal framework, and industry-specific environment, enabling us to deliver practical and commercially viable solutions.
Corporate reorganisation is often required when a company's strategic objectives, ownership structure, or scale of operations change. It may involve optimising the group structure, separating business divisions, merging companies, preparing for investment, or positioning a business for sale.
We assist our clients in designing and implementing reorganisation solutions that create a clear, transparent, and efficient corporate or group structure. Particular attention is paid to the corporate structure, allocation of responsibilities, distribution of assets and liabilities, and the management of tax and legal risks.
Where a reorganisation involves changes to the structure of a group of companies—including mergers, demergers, spin-offs, or corporate conversions—the process is carried out in accordance with the provisions of the Latvian Commercial Law. Our advisory team prepares all documentation required under the Commercial Law for implementing and registering the reorganisation with the Commercial Register, including reorganisation resolutions, explanatory reports, agreements, independent auditor's reports, non-cash contribution valuation reports, and the complete documentation package required for registration.
Business restructuring may be driven by various strategic considerations of management and shareholders or by external factors. These may include internal restructuring aimed at improving operational efficiency, simplifying corporate governance, and optimising costs; financial restructuring to address financial challenges; or restructuring initiatives designed to enhance performance and support future growth.
Successful reorganisation and restructuring require an integrated approach that combines financial, tax, legal, and operational expertise. Our multidisciplinary team of experienced financial, tax, and legal advisers works closely together to provide a coordinated approach to every engagement. We tailor the scope of our services to each client's specific needs—from reviewing individual issues to managing complex, end-to-end reorganisation and restructuring projects.
Grant Thornton Baltic carried out financial due diligence of defence-sector company Lightspace Technologies prior to its acquisition, analysing the company’s financial performance, growth prospects and transaction-related risks.
Grant Thornton Baltic provided business and asset valuation services as part of the Latvijas Dzelzceļš Group’s restructuring process, assessing the assets and liabilities of the merging entities to support a share capital increase and the implementation of the reorganisation.
Grant Thornton Baltic is a trusted partner to Eiropas Dzelzceļa līnijas in the Rail Baltica project in Latvia, providing real estate valuations, verification of compensation claims, expert assessments, and professional advisory services.
