Borrelli Walsh

What Borrelli Walsh does

Borrelli Walsh is a Hong Kong-based corporate recovery and restructuring advisory firm founded in 2006 and headquartered in Admiralty, with a headcount in the 101–250 range. Its service offering spans corporate recovery, advisory, asset management, accounting, and financial/operational restructuring, positioning it as a multi-disciplinary special-situations practice rather than a single-product advisor. The firm operates within the broader Kroll restructuring platform, which in 2025 expanded capacity through acquisitions of Madison Pacific Group and Kirby Healy and extended geographic reach into Ireland and South Africa. Its client base is institutional: asset managers, banks, corporates, law firms, and alternative lenders engaging it on in-court and out-of-court restructurings, primarily across Asia and other offshore and emerging-market venues.

The firm monetizes through project-based advisory and restructuring fees tied to individual mandates, supplemented by asset management and accounting work for the same institutional client set. Go-to-market is relationship-led — restructuring mandates are typically awarded through referrals from legal counsel, creditor committees, and existing financial-institution clients, rather than through competitive RFP at scale. The business model therefore depends on the deal pipeline of Asian and cross-border distressed situations, which is cyclical and sensitive to credit conditions and offshore insolvency caseloads.

Technology and data are not described as material differentiators in the available information; the practice is structured around credentialed practitioners handling complex, bespoke engagements. As a result, Borrelli Walsh's competitive position is governed more by talent, jurisdictional reach, and reputation with courts and creditors than by proprietary technology.

Name

Borrelli Walsh

Legal name

Kroll, LLC

Website

https://borrelliwalsh.com

Company type

Private

Founded year

1972

Operating status

Operating

Headcount range

101–250 employees

Short description

Borrelli Walsh is a Hong Kong-based corporate recovery and restructuring advisory firm serving institutional clients — banks, asset managers, corporates, law firms, and alternative lenders — across Asia-Pacific and other offshore restructuring venues.

Ownership category

akta.pro rank

Product category

Corporate Restructuring Services

NAICS

Management of Companies and Enterprises (551), Portfolio Management and Investment Advice (52394), Other Financial Vehicles (525990)

SIC

Services-Engineering, Accounting, Research, Management (8700), Investment Advice (6282)

akta.pro primary industry

Turnaround, Restructuring & Crisis Management Consulting (BPAHACAO)

Keywords

• Corporate restructuring services
• Insolvency advisory
• Asset recovery services
• Financial advisory services
• Corporate recovery

Headquarters

HQ city

Admiralty

HQ country

Hong Kong SAR China

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Restructuring Advisory Services: Professional services revenue from restructuring engagements including financial and operational restructuring, insolvency, asset recovery, and advisory services. Revenue is generated through engagement fees for acting as Directors, CROs, and monitoring accountants.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Borrelli Walsh focuses on corporate recovery, advisory, asset management, accounting, and financial and operational restructuring services. The firm delivers these services primarily to corporate clients, financial institutions, asset managers, and legal advisors facing financial distress, insolvency, or restructuring needs. It acts in senior advisory or formal capacity roles such as Directors, Chief Restructuring Officers, and insolvency practitioners, with delivery anchored in Hong Kong.

Product overview

Kroll's Restructuring practice is a unified professional services offering that provides comprehensive financial and operational restructuring solutions. The portfolio consists of six interconnected core service lines—Financial and Operational Restructuring, Insolvency, Asset Recovery and Investigations, Restructuring Advisory, Fund Solutions, and Directorships and Chief Restructuring Officer—plus a specialized Offshore Restructuring practice. The practice is supported by 450+ global professionals and leverages Kroll's broader capabilities including portfolio valuations, corporate finance, and investigations. Services are delivered through licensed professionals positioned across major financial hubs, offshore jurisdictions, and emerging markets.

Differentiator

Problem solved

Functional benefit

Products and services

• Corporate Recovery Recovery services for financially distressed businesses, including stabilization, stakeholder value protection, and turnaround advisory for companies facing corporate financial or operational distress.
• Financial and Operational Restructuring Debt restructuring, financial stabilization, and operational restructuring services, including acting as Directors, Chief Restructuring Officers, and Monitoring Accountants. Engagements led by senior practitioners across financial hubs, offshore jurisdictions, and emerging markets.
• Insolvency Global insolvency solutions delivered through licensed professionals operating across key financial hubs and offshore jurisdictions, handling formal insolvency proceedings, creditor matters, and practitioner roles.
• Asset Recovery and Investigations Complex financial investigations, asset tracing, and recovery through enforcement techniques for governments, regulators, corporates, and financiers. Includes support for high-profile recovery and fraud-related cases.
• Restructuring Advisory Practical restructuring advisory focused on operating businesses and assets, with emphasis on cash generation and financial stability, delivered with hands-on senior practitioner involvement.
• Fund Solutions End-of-fund-life value preservation and realization using cost-efficient structural strategies, including serving as replacement General Partners and investment managers via licensed asset management platforms.
• Directorships and Chief Restructuring Officer Acting as Directors and Chief Restructuring Officers to stabilize businesses, restore transparency, and implement enforcement strategies in times of crisis, providing senior practitioner leadership in formal roles.
• Offshore Restructuring Strategic restructuring advice in complex offshore environments, spanning BVI, Bermuda, Cayman Islands, Gibraltar, Guernsey, Jersey, and Mauritius, with on-the-ground licensed practitioners to support cross-border financial distress and dispute matters.
• Asset Management Asset management services supporting corporate recovery and restructuring mandates, including licensed asset management platforms for fund and investment-related engagements.
• Accounting Services Accounting services supporting restructuring, insolvency, and recovery engagements, integrated with financial and operational restructuring mandates.

Quantifiable outcome

• Led restructurings totaling over USD 300 billion

Named customers5 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators3 records

Recent moves4 records

Expansion highlights3 records

Direct peers

• Alvarez & Marsal: Global professional services firm widely regarded as the leading restructuring and turnaround advisory practice, with deep Asia-Pacific presence. Closely comparable to Borrelli Walsh in offering CRO, Director and insolvency practitioner services to corporates, lenders and special situations investors.
• Houlihan Lokey: Independent global investment bank with a large Financial Restructuring Group that acts for creditors, sponsors and corporates in distressed situations. Highly comparable to Borrelli Walsh on creditor advisory and offshore restructuring mandates.
• FTI Consulting: Major global advisory firm with a substantial Corporate Finance & Restructuring segment covering interim management, creditor advisory, insolvency and forensic services. Directly comparable on offshore restructuring mandates and CRO/Director engagements.

Emerging players

• Teneo: Global advisory firm providing restructuring, financial advisory and interim management services. Comparable as a specialist restructuring competitor building cross-border capabilities similar to Borrelli Walsh.
• Conway Mackenzie: Independent advisory firm specializing in restructuring, turnaround management and insolvency services. Comparable as a niche specialist restructuring peer with similar CRO and interim management capabilities to Borrelli Walsh.

Regional players

• BDO (Restructuring): Global accounting and advisory network with a dedicated restructuring and insolvency practice across Asia-Pacific. Comparable as a mid-to-large advisory peer competing for similar turnaround and insolvency mandates in Hong Kong and the region.

Broad incumbents

• EY-Parthenon: EY's strategy and transactions advisory arm, with a Turnaround and Restructuring Strategy practice serving corporates and lenders. A broad incumbent peer competing for similar restructuring and insolvency mandates.
• PwC (Deals & Restructuring): Big Four firm providing corporate restructuring, insolvency and special situations advisory globally, with established Hong Kong and offshore presence. Comparable on creditor-side and corporate-side restructuring mandates.
• Deloitte (Restructuring / DRG): Big Four advisory firm with a dedicated Deloitte Restructuring Group offering insolvency, special situations and creditor advisory services. A broad incumbent peer competing across the same client base (banks, lenders, corporates) as Borrelli Walsh.
• KPMG (Restructuring practice): Big Four firm with a global restructuring practice offering insolvency, creditor advisory and turnaround services across major financial hubs including Hong Kong. Competes with Borrelli Walsh for mid-to-large mandates in Asia and offshore jurisdictions.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/KrollWire
• YouTubeyoutube.com/c/kroll
• Facebookfacebook.com/wearekroll
• LinkedInlinkedin.com/company/kroll
• Instagraminstagram.com/wearekroll/#

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Borrelli Walsh