Andrew Blundell joins restructuring boutique Cathro & Partners

05 December 2021 2 min. read
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Recently established restructuring consultancy Cathro & Partners has picked up its first post-launch hire, with familiar face Andrew Blundell joining the firm as a Principal. 

Andrew Blundell joins the Sydney-based boutique with more than 16 years of corporate advisory and insolvency experience, including most recently as a partner at Worrells, where he was involved in high-profile restructures including Napoleon Perdis, Foodora, Custom Bus Australia and Ability and Children’s Services Education.

At Worrells, Blundell worked together with Simon Cathro (a former partner at Worrells who founded Cathro & Partners in October) and a number of the team members he will now be reunited with.

Andrew Blundell, Principal, Cathro & Partners

“I have worked with Andrew extensively in the past and what makes him a standout in this sector is that he is committed to doing the right thing by all stakeholders in all situations,” Cathro said.

“He has extensive experience in handling large trading voluntary administration appointments, property enforcement and dealing with the complexities arising from specialised trust and corporate structures as well as cross border recovery considerations.”

“He is also very client-centric in his strategies and advice, and that’s firmly aligned with what we are building here at Cathro & Partners.”

The company founder added that Blundell’s experience as a corporate advisor and insolvency practitioner would be invaluable assets to the firm’s clients as they navigated their post-pandemic recovery.

Commenting on his career switch, Blundell said he was attracted to Cathro & Partners’ ethos around creating and implementing innovative strategies designed to help clients survive financial difficulty and come out stronger. “The next 18 months will be challenging for many Australian businesses, with the economic effects of the global shocks, both Covid-19 and the lurking inflationary pressures, likely to take that long to be fully realised,” he said.

“Together with the Cathro & Partners team, my priority will be to help clients achieve the right outcome for their businesses, employees and other stakeholders as they navigate this period and beyond.”