Act before it's too late
The pre-insolvency phase is one of the most critical, but also most effective phases for stabilizing and reorienting a company. When liquidity becomes scarce, credit lines falter, or strategic misdevelopments become noticeable, quick, clear, and independent action is needed.
starkpartners supports medium-sized companies, shareholders and lenders in recognizing impending crises at an early stage, developing realistic solutions and avoiding insolvency – if economically and legally possible – objectively and in a structured manner.
As experienced consultants in the area of tension between crisis, restructuring and financing, we rely on an integrated approach of analysis, communication, negotiation and implementation – always with a view to the interests of all relevant stakeholders: owners, banks, suppliers, employees and investors.
When does the pre-insolvency phase begin?
Typical signals:
• Impending insolvency or breach of credit obligations
• Increased requirements by banks (covenant breach, conditions, suspension of repayment)
• Loss of important customers or orders
• Overdue tax or social security payments
• Uncertainty about the continuation of the company in planning forecast
Trust through clarity – for entrepreneurs, banks and investors
Our Strength Lies in the Combination of Financial Analysis Expertise, Entrepreneurial Thinking and Negotiation Experience. We Act in a Solution-Oriented, Independent and Discreet Manner – and Create the Basis for Objective and Constructive Crisis Management before Others Take Control.

What we do for you – our range of services:
- Development of a realistic status quo: liquidity, debt, margins, contracts
- Identification of options for action from an operational, legal and strategic perspective
- Development of a crisis stage model (preventive – restructuring – insolvency-avoiding)
- Creation of integrated restructuring plans including liquidity planning, scenarios, EBIT driver analysis
- Optional: Preparation of an IDW S6-compliant report or restructuring concept for stakeholders
- Prioritization of measures that can be implemented in the short term
- Negotiation of standstill agreements
- Support with rescheduling, deferrals, repayment adjustments
- Support during discussions with main banks, promotional banks, factoring providers and investors
- Assessment of possible legal options: ESUG, self-administration, preventive restructuring framework (StaRUG)
- Preparation and support of judicial protection measures, if unavoidable
- Coordination with law firms, insolvency administrators and creditors’ committees (if necessary)
Our specialists

Thorsten Stark, Senior Partner
Visionary Entrepreneur with over 25 Years of Experience in Leadership, Corporate Planning, Engineering and Finance – Specializing in Transformations and Strategic Development.

Frank Jäger, Partner, Dresden office
Experienced Restructuring Expert with a Commercial Background – with a Focus on Financing, Reorganization and Company Succession in the Medium-Sized Production Environment.

Dr. iur. Johannes Marcel Offergeld, Associate Partner
Business Lawyer with a Focus on Insolvency Law and Turnaround – with Management Experience in Medical Technology, Venture Business and International Training.
Why starkpartners?
Over 20 Years of Experience in Medium-Sized Restructuring
Mandates in the Entire DACH Region (Germany, Austria, Switzerland)
Close Cooperation with Law Firms, Banks, Insolvency Administrators, Investors and Owners
Industry Know-How, Especially in Industry, Production, Defense, Supply and Technology
Our pre-insolvency advice is not aimed at mere extension, but at securing value and trust. Those who act early and honestly have the best chances of continuing with an entrepreneurial perspective.
October 8, 2025
M&A Project Calibra: Succession for Measurement Technology Manufacturer
starkpartners has been exclusively commissioned to assist with the corporate succession of a leading German specialist for mechanical precision measuring systems.
August 4, 2025
Bruno Schmidt Spedition GmbH & Co. KG
starkpartners, on behalf of the preliminary insolvency administrator, Dr. André Wehner, attorney-at-law, is seeking a suitable strategic investor for Bruno Schmidt Spedition GmbH…
July 21, 2025
M&A Project Calibra: Succession for Measurement Technology Manufacturer
starkpartners has been exclusively commissioned to assist with the corporate succession of a leading German specialist for mechanical precision measuring systems.
July 18, 2025
Defense Aerospace Components
Our company has been exclusively commissioned to accompany the investor process to find a strategic partner for the premium manufacturer of precision components.
Avoid costly experiments and get the right partners on your side right away
Don’t hesitate too long to contact experienced specialists, because the more serious the situation becomes with regard to your liquidity and solvency as well as other contractual obligations, the more your chances of an out-of-court restructuring dwindle.




