Ashley Johnstone

Restructuring and business improvement specialist, working with clients across multiple sectors.

Ashley specialises in restructuring, turnaround and business improvement strategies. He has extensive experience in independent business reviews, management of formal insolvency engagements, financial due diligence, investigations and business improvement assignments.

Prior to McGrathNicol, Ashley started his career with a ‘Big 4’ firm and spent seven years working in the UK undertaking a wide variety of advisory assignments. Examples of Ashley’s recent engagements include the administration of the Tristar Group, a national medical service provider operating 24 clinics, the administration of the Tandem Group, a national workforce management and contract service provider, project management of an operational restructure for a listed healthcare provider, the trading receivership of the Coomboona Group, one of Australia’s largest dairy operations, investigation into the collapse of a listed group of companies and his key involvement in advising a global syndicate of lenders in an $800 million refinancing. He has also managed various business improvement engagements, working capital strategies for a listed service provider and a number of forensic investigations.

He is skilled at working with companies and stakeholders across a diverse range of industries including manufacturing, construction, transport, agriculture, civil contracting, healthcare, sporting associations, property and labour hire.