Martin was a founding member of Ferrier Hodgson’s Adelaide office when it was established in 1992 and was promoted to Partner in 2001.
He has more than 20 years experience in all aspects of corporate recovery and advisory across a broad range of industries. In addition to formal insolvency appointments, Martin conducts complex strategic business reviews of large corporates, including publicly listed entities, on behalf of major financial institutions, government and corporate clients. In these roles he regularly provides detailed workout and restructure advice.
Industries that Martin has been involved in recently include manufacturing, agribusiness (dairy farming and tuna ranching), pharmacy services, mining, insurance and property and construction. Martin has also held commercial roles in the wine, transport and electricity industries.
Highlights of Martin’s career include the administration, restructure and relisting of Bresagen, a publicly listed bio-tech company and the operation, restructure and sale of the National Wine Centre on behalf of Government.
Martin has been involved in a large number of insolvency administrations, including high-profile assignments such as Casual Living and Harris Scarfe Ltd, both of which were successfully restructured and sold. In addition, Martin was involved in a confidential assignment involving syndicated banking arrangements including US noteholders which resulted in a successful restructure of the company’s facilities and security arrangements.
Other key assignments include:
- Receiver and Manager of one of the largest dairy farms in South Australia (2400 head of cattle on 1331 hectares) resulting in a going-concern sale to an existing operator.
- Review and restructure of a national organisation operating as a corporate group of partnerships providing pharmacy services in major hospitals around the country.
- Reviews of major manufacturers in chemicals, mining and air-conditioning equipment, including international operations.
- Review of two major tuna-ranching and finfish aquaculture businesses including research and development operations resulting in restructure and refinancing of facilities.