Andy specialises in advising banks, other financial institutions and companies on restructuring and turnaround of business and property investments. He has spent nine months on secondment at one of the main UK banks working closely with the business support and distressed property teams. Andy also advises a number of distressed debt funds on the purchase and sale of loan portfolios, asset management and realisation options.
Andy is the UK Sector Head for Healthcare and has been involved in the restructure of a number of high profile nursing home groups and advises a variety of stakeholders in this sector.
Andy also regularly advises clients on the education, hotels and leisure sectors and manufacturing businesses. Andy regularly advises insolvency practitioners and other turnaround specialists in restructuring and insolvency related items.
Andy is an accredited member of the Institute for Turnaround.
Examples of experience include advising:
- A group of companies for 18 months in its restructure of 32 care homes with a total debt of £80 million
- A distressed debt purchaser in its sales of £105 million and £80 million debt relating to a large portfolio of properties
- The administrators of Focus DIY, Little Chef, Crystal Palace F.C
- The administrators and receivers of one of the largest privately owned group of companies in the UK with debt exposure of c.£800 million
- A number of SME’s in conjunction with IFT members to restructure and turnaround failing businesses.
"Exceptional technical knowledge of the Insolvency Act and the implications of issues arising from an administration."
"Andy provided very sound advice throughout the process, was very hard-working and had a good understanding of our business."
"Andy Stirk is a first-class restructuring and insolvency partner. His approach to, and empathy with, clients is impeccable and perfectly suited to the restructuring world."
"Andy Stirk and ... are proactive, engaging and keen to make a difference in sharing practical ideas. They are responsive to tight deadlines and go the extra mile."