Although Tim has wide-ranging experience across a number of industries, he specialises in the wine industry and agribusiness. He works with a variety of stakeholder groups to manage and sell businesses and assets on both a formal and informal basis, conduct assessments/reviews as well as determining and implementing strategies for financial and operational improvement.
Tim is a regular contributor to thought leadership in the Australian wine sector, and his capability in the wine industry and agribusiness is demonstrated by the many highlights he has achieved throughout his career. He was the administrator of McWilliam’s Wines Group (one of the first families of wine in Australia), including trading operations for a 16-month period, restructuring and sale of business via a Deed of Company Arrangement.
Tim advised a vertically integrated wine business suffering significant trading losses and cash flow problems with debts over $40 million to implement transformation strategies to improve profitability, cash flow and regain financier support.
He undertook a confidential review of capital allocation of a Group’s portfolio of businesses, including an assessment as to the realisable value of the assets of the wine business to support a proposed transaction by family members. The deliverable was a report assessing the assets (including desktop valuation of wine inventory) and liabilities on the balance sheet and modelling under a range of scenarios to achieve the best outcome.
Tim also acted as an advisor to a family run operation involving extensive cropping, sheep and wool production across four sites in three states to restructure roles between family members and assess modelling to advise on funding options for the total farming enterprise.
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Bachelor of Commerce
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Member of Chartered Accountants Australia and New Zealand
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Registered insolvency practitioner
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Member of the Australian Restructuring Insolvency & Turnaround Association