Welcome to PPB - Recovery, Forensics, Advisory

Stephen Longley

Contact details:
+61 3 9269 4136

Overview

Stephen has over 18 years’ experience acting for various stakeholders in corporate advisory and restructuring assignments. His expertise encompasses assessing business performance, implementing turnaround initiatives, restructuring and
workout arrangements, and formal insolvency appointments.

Stephen has advised clients across a broad range of industries including:

  • Manufacturing
  • Aged care
  • Building and construction
  • Energy and mining
  • Media and communications
  • Financial services.

He also has deep experience in the automotive industry, where he advises clients in the component supply, manufacturing and dealership segments.

Significant Appointments

Some of Stephen’s recent major assignments include:

  • Administration of Solar Systems, a designer and manufacturer of solar power stations, which included the restructuring and sale of the business to an Australian listed company.
  • Receiver and Manager of Drivetrain Systems International, a manufacturer of automotive transmissions for Ford, Ssang Yong, Mahindra and Mahindra, TagAZ. The business was sold to a Chinese vehicle manufacturer and resulted in the
    banking syndicate being repaid in full
  • Restructure and sale of a number of Tier 1 and Tier 2 suppliers to GM Holden, Ford, Mitsubishi, Isuzu and Daimler Chrysler
  • Administrator of Ajax Engineered Fasteners, a key supplier to the Australian automotive industry, including Ford, GM Holden and Pacifica
  • Administrator of the ASX-listed Harvest Living group of companies, which included the ongoing trading of the Bridgewater Aged Care Facility and Bridgewater Lake Estate Retirement Village
  • Restructure and sale of a footwear manufacturer with operations in USA, Canada, Australia and Germany.

Board Positions and Memberships

  • Member, Institute of Chartered Accountants Australia
  • Member, Insolvency Practitioners Association of Australia
  • Secretary, Victorian/Tasmanian Committee of the Insolvency Practitioners Association of Australia
  • Treasurer and Public Officer, Melbourne University Football Club
  • Treasurer, Wattletree Early Childhood Centre.

Qualifications

  • Bachelor of Commerce, University of Melbourne
  • Registered Liquidator
  • Official Liquidator of the Supreme Court of Victoria and the Federal Court of Australia