Owner-managed companies are the work of generations, but in times of crisis bailouts may be necessary if financing partners can no longer guarantee support. Private debt could be an alternative.
Only a very small number of corporate crises are really due to purely external factors such as increasing competition and increasing pressure on costs because of globalisation or trade wars. It is far more common for internal shortcomings to be decisive if a company is faltering.
In this article published in “Unternehmeredition”, Knud Dippel explains how private debt may be an alternative to selling.
Click here for the full article (in German): https://www.patrimonium.ch/data/docs-home/Unternehmeredition-1903-Private-Debt-statt-Verkauf.pdf