Turnaround Specialists for Distressed Projects
The 'Red Adair' and 'Nick Sloane' for projects and business is Genco's reputation internationally.
Project Recovery is the turnaround of cost and schedule distressed projects.
Commercial Recovery is the turnaround of distressed businesses.
Our record of 60+ recovery successes since 2006 speaks for itself.
Genco's history includes many varying recovery assignments, ranging from USD$100K to USD$180M.
Often misinterpreted, Genco recovery specialists are not receivers or administrators.
Genco operate in the interests of the project or business owner where our mission is recovery and growth based, it is not salvage based.
Genco are normally the last intervention that takes the pragmatic, swift and decisive action necessary to prevent external statutory based administration or project step-in rights being invoked.
Universally and internationally, Genco success and reputation in Project and Commercial Recovery succinctly comes down to this;
- Business owner mindset, time is money and hours count.
- Man management experience
- Commercial and contractual experience
- Valuation and estimating experience
- Communication experience (from Prime Minister to site staff)
- EPC Project/construction experience
- Trade training and industry experience
- Factual/realistic/unsanitised reporting and planning.
- Driving recovery hard from site, not soft from a remote city office.
"Prestigious tertiary credentials and post-nominals on their own are never enough."
"Recovery most often comes about through projects and business run by 'admirals' who have never been to sea."
"If you think it is expensive to hire a professional to do the job, try hiring an amateur." Red Adair
Genco's recovery experience foundation;
- Business startup, development and ownership over 55+ years.
- International experience across 30+ countries
- Experience in developing and war-torn countries.
- Trade training across multiple industries.
- Years of construction site time.
- Years of maritime trade/merchant navy seatime.
- Directorship of private, public and SOE's including utilities.
- Managing personnel numbers up to 1800.
- Experience with trade unions.
- Experience at the level of CEO and Chairman.
- Independent advisor to industry and government ministers.
- Recoveries of SME's through to ASX/NZX/LSE listed companies.
- Volunteer mentorship 14+ years to businesses through BMNZ.
Genco's reputation in the recovery business is underpinned by the fact that we have never had an assignment that did not deliver a tangible recovery result for our client.
