STARBOARD
RESTRUCTURING
PARTNERS
PIONEER SPECIAL SITUATIONS FIRM
IN BRAZIL
ABOUT STARBOARD
Starboard Restructuring Partners is an independent restructuring firm focused on advisory, distressed investing and provision of interim management.
The firm fills a gap in the Brazilian market for sophisticated restructuring solutions and funding for distressed companies. Starboard’s goal is to provide bespoke solutions for businesses with inefficient capital structures while simultaneously protecting and enhancing enterprise value.
Our team is formed by 32 restructuring and corporate professionals who began working together in 2013, having executed 18 highly complex restructuring transactions since then. Circa US$ 750M of new money was raised and deployed as catalyst for these completed transactions. We pioneered innovative restructuring techniques and new ways of working with shareholders and creditors of distressed companies in Brazil.
Through our advisory services we gain operational and financial insight into companies that allow us to identify opportunities to catalyze restructuring settlements through injection of capital and lead to exclusive invitations from shareholders and creditors to participate and/or advise in funding. To capitalize on these opportunities, we raised the first Special Situations Fund for single-name distressed investing in Brazil.
As a result of our experience and success with Fund 1, Starboard has equipped itself with resources and new capital to continue to implement value-oriented conclusive restructuring and recapitalization solutions for high profile special situations cases.
We believe that our extensive experience and unparalleled credibility with market participants in the Brazilian restructuring market allow us to find optimal solutions to highly complex problems and measure our performance not by short-term results but by the long-term success of our clients. When partnering with Starboard, you can expect significant engagement with veteran dealmakers and industry experts, first-class transaction execution, strong performance and the highest standard of discretion.
PRACTICE
AREAS
ADVISORY / DISTRESSED M&A
Starboard provides independent strategic advice and financial restructuring services to companies, creditors, investors and other stakeholders. We specialize in providing detailed, advice on complex issues and inefficient capital structures. We have a history of developing and implementing innovative and efficient solutions, often catalyzed by fresh capital, that build consensus among diverse stakeholders and maximize value.
We support clients with a wide range of services including:
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Consensual or out-of-court financial restructuring advice
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Court-driven or supervised financial restructuring advice (Judicial Recovery under the Law 11.101/05)
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Disposal of assets using article 60 of judicial recovery (court-driven sale of assets free and clear of legacy liabilities)
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Buy-side advice for strategic and financial buyers of distressed targets
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Exchange/tender offers and consent solicitations, standstill agreement covenant waivers/amendments
DISTRESSED INVESTING / NEW MONEY
We have the ability to provide and raise fresh capital to distressed opportunities. We focus on enabling fundamentally sound companies to restructure their balance sheets, access liquidity and turnaround their businesses, providing value generation to all stakeholders and attractive risk-return equation.
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Investments in direct participation (equity/hybrid) or debt acquisition in the secondary market as a catalyst for restructuring completion (e.g. approval of judicial recovery plan, consensual restructuring agreement)
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New money and/or refinancing via "DIP” (new financing provided within judicial recovery), bank loans, structured credit and loans to troubled companies
INTERIM MANAGEMENT & CHIEF RESTRUCTURING OFFICER
We offer interim management and Chief Restructuring Officer services to our clients. Our operational executives have a combination of corporate finance expertise and ability to optimize operations in complex restructuring contexts. We take responsibility for developing and implementing reorganization plans and communicating with stakeholders. As part of our interim roles, we help clients look for permanent managers and prepare for a smooth transition.
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Develop and implement business plans and organizational structures to enhance operational efficiency and improve profitability and cash flow
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Design, negotiate, and implement financial restructuring plans
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Identify and obtain sources of short-term and long-term capital
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Provide interim operating and support management
STARBOARD TRACK-RECORD
OUR TEAM
Financial Restructuring Professionals
FÁBIO VASSEL, MANAGING DIRECTOR, CO-FOUNDER
WARLEY PIMENTEL, MANAGING DIRECTOR, CO-FOUNDER
METON MORAIS, MANAGING DIRECTOR
PEDRO BIANCHI, MANAGING DIRECTOR
NIKOLA LUKIC, MANAGING DIRECTOR
PAULO MENDONÇA, MANAGING DIRECTOR
RICARDO ARAGONES, MANAGING DIRECTOR
GUILHERME CAMPOS, EXECUTIVE DIRECTOR
RODRIGO PIZARRO, PRINCIPAL
ANDRÉ MORAES, PRINCIPAL
ROBERTO MARCHIORI, ASSOCIATE
RENATO CORVELLO, ASSOCIATE
MURILLO SEELENT, ASSOCIATE
IVAN TRUZZI, ASSOCIATE
GABRIEL SACARDO, ASSOCIATE
MARIA EDUARDA OLIVEIRA, ASSOCIATE
YURI BARÃO, ANALYST
TOMAS SOUTO, ANALYST
FELIPE CARDOSO, ANALYST
BRENDON AZEVEDO, ANALYST
Operational Professionals
LAÉRCIO CAVALLARI, OPERATIONAL DIRECTOR
EDÉLCIO FORNARI, OPERATIONAL DIRECTOR
Corporate Professionals
TATIANA BERLANGA, OFFICE MANAGER
MUNEESHA GOYAL, INVESTOR RELATIONS
CAIO SEHBE, BUSINESS ORIGINATION
ANDRE ROTTA, BUSINESS ORIGINATION
FLÁVIO BALDASSARRI, IT INFRASTRUCTURE
JULIANA GOMES, OFFICE ASSISTANT
NATÁLIA RODRIGUES, OFFICE ASSISTANT
CONTACT
STARBOARD
OUR ADDRESS
3311 Brigadeiro Faria Lima Av, São Paulo - SP | 04538-133 - Brazil
starboard@starboardpartners.com.br
+55 11 3077-5300
For any general inquiries, please fill in the following contact form:
