Trust & Expertise
You Can Rely On
Whether you’re facing distressed situations, exploring business rescue options, or seeking innovative strategies, we’re here to help. Contact us today for a personalized consultation and embark on a journey towards sustainable success
Who we are…
A Trusted Partner by Your Side
At our core, we function as a close-knit team, built on integrity, loyalty, and a shared sense of pride. We foster strong relationships with both financial institutions and industry leaders, ensuring we’re well-equipped to tackle your most complex challenges.
Expert Guidance When You Need It
Our proven track record and keen business acumen empower us to anticipate potential risks, identify lucrative opportunities, and navigate the competing priorities of stakeholders during turbulent times.
Results-Oriented. Client-Focused.
Leveraging our extensive industry knowledge and diverse skillsets, we deliver tangible results with a laser focus on execution. We take immense satisfaction in our ability to help companies navigate even the most difficult circumstances.
OUR ETHOS
Experience. Expertise. Innovation.
At Matuson & Associates, we go beyond just being consultants. We operate with a family business mentality, prioritizing integrity, loyalty, and pride in everything we do. Our team fosters close relationships with banks and industry advisors, ensuring we have the resources to tackle complex situations efficiently.
Our proven track record speaks for itself. We have the expertise and business acumen to anticipate risks, identify opportunities, and manage stakeholder concerns during challenging times. With a focus on execution and implementation, we deliver measurable results and take pride in guiding companies through difficult periods.
Our Team
Our multi-disciplinary team has vast experience across several sectors, including retail, automotive, property and mining. Our team has extensive practical knowledge of the Business Rescue legislation, having successfully completed a number of high profile Business Rescue appointments.
Piers Marsden
Director
Piers is a respected Senior Business Rescue Practitioner, and has taken high profile appointments in Optimum Holdings and Highveld Steel, which are large, complex matters with National significance.
Lance Shapiro
Partner
Lance is a qualified Chartered Accountant, having completed his articles at KPMG, Johannesburg, in 2010. In 2011, Lance gained experience in North Carolina, USA, in consumer markets and US GAAP.
Jenna Osborne
Partner
In Jenna’s 4 years at Matuson & Associates she has been involved in informal business turnarounds, independent business reviews and high profile Business Rescues, including Ellerine Furnishers (Pty) Ltd.
Carrie Sher
Supply Chain and Stock Optimisation
Carrie has vast corporate experience in value chain rationalisation, strategy development, process implementation, key performance indicator management and working capital maximisation.
Lesly Rabinowitz
Legal
Lesly Rabinowitz has been the legal advisor to Matuson and Associates since 1997. Lesly specialises in debt, debt collection and debt strategy. Lesly consults on all litigation matters pertaining to debt recovery in Business Rescue.
Ryan Nestadt
Corporate Finance and M&A
Hannah Jossel
Associate
Bhamita Chinia
Creditors and Debtors
Nombulelo Zwane
Creditors and Debtors
OUR STORY
Driven by a Vision, Founded on Values
In 2008, Les Matuson established Matuson & Associates with a clear mission: empower businesses to navigate challenges and achieve success. Les, with over 40 years of experience in corporate restructuring and collections, brought a wealth of knowledge to the table. His leadership wasn’t simply strategic, it was transformative. Les influenced and shaped industries and organizations across Southern Africa.
The foundation of Matuson & Associates’ success lies in the core values Les instilled. Integrity, a deep commitment to clients and partnerships, and an exceptional ability to connect with people – these are the hallmarks of our approach. Les built trust, fostered strong relationships, and in turn, built a brand synonymous with exceptional service.
Who we help
Corporate Executives
Banks
Corporate Attorneys
Private Equity Investors
Creditors & Lenders
Industries we work in
Financial Services
Property & Construction
Automotive
Mining
Retail
Manufacturing
Wholesale & distribution
Information Technology
We are proud members of BTG Global Advisory
BTG covers all continents as well as multiple offshore centres, and is a trusted advisor to many leading banks, law firms, private equity and other funds, bankruptcy debtors and creditor committees, operating companies, and other parties affected by distress.
300+
Offices across the globe
1,900+
Staff Members
200+
Partners
Piers Marsden
Director
About Piers
Piers has worked on some of the largest distressed corporate restructurings in South Africa in the last 10 years in various capacities.
Piers is a respected Senior Business Rescue Practitioner, and has taken high profile appointments in Optimum Holdings and Highveld Steel, which are large, complex matters with National significance.
His most recent and current engagement is to lead the Business Rescue of Evraz Highveld Steel, a vertically integrated steel and vanadium producer with turnover of R5billion per annum and 4 000 employees.
Piers has managed acquisitions and disposals in the private and listed environment and has been both a Chief Restructuring Officer and director of JSE listed companies gaining experience on a variety of sectors. Piers has worked on several successful turnarounds and taken several appointments as a senior Business Rescue Practitioner and Chief Restructuring Officer.
Qualifications & Memberships
- Bachelor of Commerce (Wits)
- Bachelor of Accounting (Wits)
- Chartered Accountant South Africa, CA (SA)
- Diploma in Auditing (RAU)
- Diploma in Insolvency Law (UJ)
- CIPC Recognised and Approved Senior Business Rescue Practitioner
- Annual speaker at the Gordon Institute of Business Studies MBA elective on restructuring
- Industrial Development Corporation panel of restructuring advisors
- Advanced Management Program – The Kellogg School of Management (Northwestern University).
- South African Restructuring and Insolvency Practitioners Association (SARIPA)
- The South Africa Institute of Chartered Accountants (SAICA)
- Turnaround Management Association (TMA)
- TMA Practice Note Committee
Lance Shapiro
Partner
About Lance
Lance is a qualified Chartered Accountant, having completed his articles at KPMG, Johannesburg, in 2010. In 2011, Lance gained experience in North Carolina, USA, in consumer markets and US GAAP.
After completing his short term secondment, Lance returned to South Africa to start a career in turnaround management and Business Rescue at Matuson and Associates.
Since joining Matuson and Associates in 2012, Lance has gained valuable experience in a number of sectors, including, retail, mining, and construction.
Qualifications & Memberships
- Bcom Accounting (Wits)
- Bcom (Hons) Accounting Sciences (UNISA)
- Diploma in Insolvency
- Chartered Accountant South Africa, CA (SA)
- Turnaround Management Association Member
Jenna Osborne
Partner
About Jenna
Jenna is a qualified Chartered Accountant who has an impressive academic background having been awarded merit bursaries in each year of study from both the University of Johannesburg and PricewaterhouseCoopers, where she completed her articles. Jenna returned from two contracts in Dallas and New York, where she worked in the real estate and financial services sectors.
Before joining Matuson Associates to start a career in turnaround management and Business Rescue, Jenna gained valuable experience in financial modelling, investment feasibility and financial due diligence within the commodities sector.
In the 4 years at Matuson & Associates she has been involved in informal business turnarounds, independent business reviews and high profile Business Rescues, including Ellerine Furnishers (Pty) Ltd. Over this time she has developed a vast knowledge of both the legal and practical nuances of this dynamic industry.
Jenna is focused on the retail and property sectors within the turnaround and Business Rescue industry.
Qualifications & Memberships
- Chartered Accountant South Africa, CA (SA)
- Turnaround Management Association Member
- B.Com Accounting (Cum Laude) (UJ)
- B.Com Accounting Honours (UJ)
- Diploma in Insolvency Law (Cum Laude)
Carrie Sher
Supply Chain and Stock Optimisation
About Carrie
Carrie joined Matuson Associates in 2016.
Her experience encompasses over 17 years in optimising inbound freight, demand planning, inventory management, inventory evaluations, warehousing and physical product distribution (with emphasis on customer centricity and last mile importance).
She has vast corporate experience in value chain rationalisation, strategy development, process implementation, key performance indicator management and working capital maximisation.
Since joining Matuson and Associates, Carrie has assisted numerous clients who required a wide range of performance improvement/supply chain optimisation services. She works with executive management in order to assess the current and future business needs thus giving her the ability to provide detailed strategies tailored to specific requirements.
She has also gained experience regarding independent business reviews across multiple sectors of business.
Carrie received multiple Chairman Awards during her tenure heading Logistics at Nashua (Pty) Ltd.
Qualifications
- Bachelor of Commerce (RAU)
- Effective Management (Henley Business School)
Lesly Rabinowitz
Legal
About Lesly
Lesly Rabinowitz has been the legal advisor to Matuson and Associates since 1997. Lesly specialises in debt, debt collection and debt strategy. Lesly consults on all litigation matters pertaining to debt recovery in Business Rescue.
Lesly completed her articles at Ivor Trakman & Partners. She has achieved success in various complex collection mandates in and out of court.
Qualifications
- Bachelor of Arts BA. LLB (Wits)
