Turnaround
Turnaround is a Berlin-based management consulting firm, founded in 2011, providing strategy development, HR management, and restructuring services to corporate clients.
- Company typePrivate
- Founded2011
- HeadquartersBerlin, Germany
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Turnaround does
Turnaround is a privately held management consulting firm headquartered in Berlin, Germany, founded in 2011. According to the firmographic data, the company provides strategy development, HR management, and restructuring services — a service mix that targets corporates facing operational, organizational, or financial challenges rather than technology buyers. The firm operates with a stated headcount band of 11-50 employees, which positions it as a small-to-mid-sized boutique consultancy rather than a global strategy house or solo practice. The business model is presumed to be professional services fee-for-engagement (project-based and/or retainer), consistent with the consulting category, but no pricing, contract structure, or go-to-market details are disclosed.
Beyond this high-level positioning, very little additional information is verifiable from the supplied source material. The company's website (theturnaround.de) returned a verification/waiting page during data collection, and no product catalog, named customer logos, leadership team biographies, technology stack, funding history, certifications, awards, partnership agreements, M&A activity, regulatory actions, or operational milestones were captured. Consequently, the firm's specific service differentiation, client roster, geographic scope beyond Berlin, revenue model mechanics, and growth trajectory cannot be substantiated from the evidence available. Any investment view will require primary diligence to fill these gaps.
Turnaround firmographics
Firmographics- Name
- Turnaround
- Website
- https://theturnaround.de
- Company type
- Private
- Founded year
- 2011
- Headcount range
- 11–50 employees
- Short description
- Turnaround is a Berlin-based management consulting firm, founded in 2011, providing strategy development, HR management, and restructuring services to corporate clients.
- Ownership category
- akta.pro rank
Turnaround industry classification
Industry- Product category
- Management Consulting
- NAICS
- Administrative Management and General Management Consulting Services (541611), Management Consulting Services (54161)
- SIC
- Services-Management Consulting Services (8742), Services-Management Services (8741)
- akta.pro primary industry
- Restructuring & Turnaround Advisory (BPAHADAD)
- akta.pro secondary industries
- Turnaround, Restructuring & Crisis Management Consulting (BPAHACAO), Change Management & Transformation Consulting (BPAHAGAC)
Keywords
Where Turnaround is headquartered
LocationHeadquarters
- HQ city
- Berlin
- HQ country
- Germany
- HQ region
- Europe
Markets served
Turnaround business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Others
Turnaround product offering
Product offeringCore offering
Turnaround is a management consulting firm that provides strategy development, HR management, and restructuring services to corporate clients. The firm supports organizations through transformation, workforce, and performance challenges via advisory engagements delivered from its Berlin headquarters.
Differentiator
Problem solved
Functional benefit
Products and services
- Strategy Development
Companies that use Turnaround
Customer profileIdeal customer profiles1 record
Turnaround technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Turnaround competitors and assessment
Company assessmentDirect peers
- Alvarez & Marsal: Global professional services firm specializing in turnaround management, restructuring, and performance improvement. Closely comparable to Turnaround's core restructuring and turnaround advisory offering, with similar focus on distressed and underperforming companies.
- FTI Consulting: Global advisory firm with a strong restructuring and turnaround practice serving distressed companies, creditors, and stakeholders. Directly comparable in turnaround advisory services, particularly in European mid-market situations.
- Houlihan Lokey: Global investment bank with a leading restructuring advisory practice serving companies, creditors, and stakeholders in distressed situations. Comparable in turnaround and restructuring advisory, with similar engagement profile on mid- and large-cap situations.
- AlixPartners: Global consulting firm focused on restructuring, turnaround, and performance improvement, often working on distressed and time-critical mandates. Directly comparable to Turnaround's restructuring advisory business.
Broad incumbents
- Deloitte Restructuring: Big Four firm with a global restructuring services practice serving distressed corporates and lenders. Comparable in turnaround and restructuring advisory, though as part of a much broader portfolio of audit, tax, and consulting services.
- PwC Deals & Restructuring: Big Four advisory practice offering corporate restructuring and turnaround services alongside M&A and broader consulting. Comparable in turnaround and restructuring capabilities, but with much broader service scope and global reach.
- OC&C Strategy Consultants: Global strategy consultancy with European operations providing corporate strategy, transformation, and growth advisory. Comparable to Turnaround's strategy development and transformation work, though serving larger clients.
- Kearney: Global management consultancy with significant operations in Germany and a strong strategy and operations practice. Comparable to Turnaround's strategy development capability, though operates at much larger scale and broader scope.
- Roland Berger: Major German-origin strategy and restructuring consultancy with deep roots in the Mittelstand. Overlaps with Turnaround on restructuring and corporate strategy, but operates at significantly larger scale with broader service offerings.
Regional players
- HBM Group: Mid-sized German consulting firm providing restructuring, interim management, and transformation services to Mittelstand clients. Regionally comparable to Turnaround within the German market, with similar boutique positioning and turnaround focus.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat2 records
Key risks6 records
Key highlights5 records
Customer concentration
Turnaround social profiles
Digital presenceTurnaround financial estimates
Financial estimateRevenue estimate
Valuation estimate
Turnaround leadership team
Management profileNumber of profiles
Turnaround funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Turnaround M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Turnaround
What does Turnaround do?
Turnaround is a management consulting firm that provides strategy development, HR management, and restructuring services to corporate clients. The firm supports organizations through transformation, workforce, and performance challenges via advisory engagements delivered from its Berlin headquarters.
When was Turnaround founded?
Turnaround was founded in 2011. It employs 11 to 50 people.
Where is Turnaround based?
Turnaround is headquartered in Berlin, Germany, in the Europe region.
Who are Turnaround's main competitors?
Direct peers on record are Alvarez & Marsal, FTI Consulting, Houlihan Lokey and AlixPartners. Broad incumbents are Deloitte Restructuring, PwC Deals & Restructuring, OC&C Strategy Consultants, Kearney and Roland Berger. HBM Group is listed as a regional player.
Does Turnaround have an API?
No public API is recorded for Turnaround.
What industry is Turnaround in?
Turnaround's product category is Management Consulting. Its primary akta.pro industry code is BPAHADAD, Restructuring & Turnaround Advisory, with a secondary code of BPAHACAO, Turnaround, Restructuring & Crisis Management Consulting. Its NAICS code is 541611 and its SIC code is 8742.