KordaMentha is an
Asia-Pacific
Asia-Pacific (APAC) is the part of the world near the western Pacific Ocean. The Asia-Pacific region varies in area depending on context, but it generally includes East Asia, Russian Far East, South Asia, Southeast Asia, Australia and Pacific Isla ...
advisory and investment firm that provides specialist consulting,
forensic,
real estate,
restructuring and
investment
Investment is the dedication of money to purchase of an asset to attain an increase in value over a period of time. Investment requires a sacrifice of some present asset, such as time, money, or effort.
In finance, the purpose of investing i ...
services. The business was formed in April 2002 by Mark Korda and Mark Mentha. KordaMentha has offices in
Brisbane,
Gold Coast,
Melbourne,
Perth,
Sydney
Sydney ( ) is the capital city of the state of New South Wales, and the most populous city in both Australia and Oceania. Located on Australia's east coast, the metropolis surrounds Sydney Harbour and extends about towards the Blue Mountain ...
and
Townsville in Australia while operating international offices in Singapore and Jakarta.
Evolution
KordaMentha partners undertook the first Voluntary Administration in Australia, the largest Voluntary Administration in Australia (
Ansett Australia with 42 companies, 15,000 employees and >$1 billion assets), the largest Group of Voluntary Administrations in Australia (Stockford Limited with 84 companies) and more Voluntary Administrations than any other insolvency firm in Australia in 2003.
By 31 March 2003 KordaMentha had expanded its business with licensed offices in
Perth,
Brisbane and
Adelaide. In 2005 KordaMentha grew its Perth and
Sydney
Sydney ( ) is the capital city of the state of New South Wales, and the most populous city in both Australia and Oceania. Located on Australia's east coast, the metropolis surrounds Sydney Harbour and extends about towards the Blue Mountain ...
practice with senior partners and staff joining the firm from
Ernst & Young.
KordaMentha now has 400 staff throughout Australia and internationally, with offices in
Auckland and Asia as well as international affiliates in the United Kingdom and United States.
In 2013 KordaMentha announced the launch of KordaMentha Investment Management, an investment management platform developed to create value for individuals through strategic Australian real estate assets.
Major engagements
*
Ansett Australia: Trade-on Administration of Australia's No. 2 airline with annual turnover of $3.2 billion. Proceeds from business and asset sales are estimated to total $1 billion.
*
Air Australia
Strategic Airlines Pty Ltd, trading as Air Australia Airways was an Australian airline flying domestic and international scheduled passenger flights. Strategic Aviation, a sister company, flew air charter flights using the Air Australia flee ...
:
*
Cross City Tunnel:
"Making a success of corporate distress", ''The Sydney Morning Herald'', 28 December 2006
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References
{{DEFAULTSORT:Kordamentha
Financial services companies of Australia