Alan Tilley is a founding principal of BM&T. He has significant expertise in turnaround and restructuring, managing the complex issues in preserving enterprise value while operating in the zone of insolvency. He is a frequent speaker on cross-border European restructuring and has written several articles on the subject. He is the 2008 and 2014 recipient of the TMA International Chairman’s awards for outstanding service to the international turnaround and restructuring profession.
Alan began his career with Arthur Andersen in the UK and France. He subsequently held senior executive positions with leading international capital goods manufacturers; Grove Cranes, Lansing Bagnall and Simon Access. He began as a turnaround practitioner in 1994 undertaking the MBI of the Lynton Group in the UK. In 1997 he joined US industry pioneer Glass & Associates and established their European business working often with US companies in Chapter 11. He has been European CRO of Pelikan Hardcopy International and CRO of Clark Material Handling Europe. He was President of Bio-tek Instruments, an Italian company in workout with operations in UK, Germany, France and Switzerland. He has significant European auto industry experience as CRO and restructuring advisor with Fori Eurotec, Venture Peguform, Metal Castings Ltd, Dura Automotive, Alcoa Scandinavian Casting Centers, JAC Products Europe, Cloyes Gear and Product, and Collins and Aikman. After the acquisition of Glass by Huron Consulting he served as Managing Director of European restructuring before leaving in 2008 to form BM&T with the former Glass Europe principals. Over his career he has been involved in nearly 50 assignments from billion dollar publicly quoted groups to small family companies. He is a passionate champion of consensual restructuring where a viable business entity exists and residual liquidity permit to preserve maximum enterprise value for all stakeholders, avoiding value destructive, fee intensive insolvency.
In 2010 he was Insolvency and Rescue’s UK Turnaround Manager of the year. As Restructuring Officer of La Seda de Barcelona, a listed Spanish company in breach of covenants of a €600 million facility he has been engaged in complex cross-border operational issues and balance sheet restructuring involving both Spanish and UK processes and was awarded TMA Global international turnaround of the year 2011. In addition to CRO work in the zone of insolvency he has worked in M&A due diligence and post acquisition integration. Alan is a European Certified Turnaround Professional.
Education, Certification and Languages
- BA Hons, History, University of Wales
- French: business fluent
- President of the European Association of Certified Turnaround Professionals (FEACTP)
- Former President, TMA UK; Director TMA Europe; Vice President of International Relations, TMA International
- Fellow of the Institute of Chartered Accountants in England &Wales (FCA)