Les Matusen

Les Matusen

Contact details

Email address:  

Cell: 082 459 2401

Land line: 011 430 5555

Fax: 086 554 9998

Member information

TMA-SA membership status

Regular member.

Background and experience

Les is a well known and respected business advisor, turnaround and restructuring specialist and has been active in this field for almost 30 years.

Les was the Managing Director and founder of Credit Management Solutions (Pty) Ltd (“CMS”), a company focused on both corporate and consumer debt. CMS was a pioneer in the purchase of distressed debt in South Africa.

CMS was recently acquired by Transaction Capital, a company in which Les remains a shareholder.  Following this acquisition, Les has started Matuson & Associates (Pty) Ltd, a company that will focus on the corporate distress market.

Les has been a liquidator and has supervised and maximised recoveries in many large high profile corporate collapses. 

Les has significant private equity experience, having sat on the board of Gensec NSA Private Equity Fund.

Qualifications

  • Bachelor of Accounting BACC (Wits).
  • Chartered Accountant South Africa CA (SA).
  • Masters Degree in Business Administration (MBA)Wits.

Turnaround professional discipline(s) represented

  • Accountant.
  • Business transformation consultant.
  • Corporate renewal consultant.
  • Insolvency practitioner.
  • Turnaround practitioner.

Services offered

  • Corporate distress consulting.
  • Business and viability reviews.
  • Turnaround management.
  • Business rescue.
  • Informal wind-downs.

Why I joined TMA-SA

Firm: Matuson and Associates

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