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 Recovery succinctly comes down to experience;
- Business owner mindset, time is money and hours/results count.
- Man management
- Commercial and contractual
- Valuation and estimating
- Communication (from Energy Minister to site staff)
- EPC Project/construction
- Trade training and industry
- Factual/realistic/unsanitised reporting and planning.
- Driving recovery hard from site, not soft from a city office.
"Prestigious tertiary credentials and post-nominals on their own are never enough."
"Recovery most often comes about through projects/business run by 'admirals' who have never been to sea."
"If you think it is expensive to hire a professional, try hiring an amateur." Red Adair
Genco's recovery experience foundation;
- Business startup, development and ownership over 55+ years.
- International experience across 30+ countries
- Developing and war-torn countries.
- Trade training across multiple industries.
- Years of site construction 'seatime'.
- Years of maritime seatime.
- Directorship of private, public and SOE's including utilities.
- Managing personnel numbers up to 1800.
- Navigating trade unions.
- Operating at the level of CEO and Chairman.
- Advisor to industry and government.
- Recoveries of SME's through to ASX/NZX/LSE listed companies.
- Volunteer BMNZ mentorship 14+ years.
