Ankura Expands Turnaround and Restructuring Services in Germany to Enhance Local Expertise

Ankura Launches Turnaround and Restructuring Practice in Germany

On August 14, 2025, Ankura Consulting Group, LLC, a leading global firm specializing in expert services and advisory, announced the establishment of its new Turnaround and Restructuring (TR) practice in Germany. This strategic move is designed to enhance the company's operations in the region by providing clients with first-class consulting services backed by local experts and collaborative support from teams worldwide.

Strategic Expansion in EMEA

This initiative signifies Ankura's commitment to expanding its footprint in Europe, particularly in Germany, which is recognized as a critical market for the firm. Simon Michaels, Chairman for EMEA and APAC at Ankura, emphasized the importance of this expansion by highlighting that it strengthens their existing services and expertise in various business sectors, including Data & Technology, Construction Disputes Advisory, and Risk Advisory.

The new TR practice will be led by Jens Nawrath, Senior Managing Director based in Frankfurt. Jens brings over 30 years of extensive experience in debt advisory and financial restructuring, having previously directed the debt advisory service for the DACH region at an international consulting firm. His expertise in providing tailored solutions to companies and investment funds regarding debt financing sets a strong foundation for the new practice.

Leadership and Expertise

Jens Nawrath expressed his enthusiasm about joining Ankura, collaborating with its globally experienced TR team to support clients in navigating pivotal business challenges in the region. His leadership is expected to enhance Ankura’s capabilities, ensuring that clients receive the highest quality of service in restructuring and turnaround support.

In today’s economically and geopolitically turbulent environment, Roy Gallagher, global head of Ankura's Strategic Finance group, stated that their worldwide TR practice is positioned to equip clients with essential knowledge and guidance. This includes stabilizing operations, improving financial performance, and achieving long-term value, all crucial elements for businesses facing uncertain market conditions.

Ankura’s Global Presence

Ankura Consulting Group, LLC operates independently and offers end-to-end services and solutions aimed at helping clients navigate critical inflection points related to conflicts, crises, performance, risk, strategy, and transformation. With a workforce of over 2,000 professionals serving more than 3,000 clients across 55 countries, Ankura is well-equipped to support its clients through various challenges.

As the firm continues to grow and evolve, this new practice in Germany is seen as an essential step in providing localized yet globally coordinated expertise to help enterprises thrive in challenging circumstances.

For more information about Ankura and their services, visit their website at Ankura.com.