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 Its operating funds are derived from membership dues, conference and seminar revenues, programming fees, sponsorships and web-related advertising.

Membership of the TMA offers professionals in corporate renewal and turnaround management the opportunity to improve existing skills, to develop new ones, to exchange knowledge through professional association activities and to network with other TMA members. TMA members are in touch with business, professional, academic and government leaders who are dedicated to the development of a stronger economy through the restoration of corporate value. The TMA acts as a lobby and advisory group on turnaround matters.

The Association Today

Turnaround Management Association (TMA) is a global non-profit organization comprised of turnaround and corporate renewal professionals with more than 8,300 members in 55 chapters including 32 in North America. TMA is headquartered in Chicago and provides two conferences per year, membership benefit programmes, and the Journal of Corporate Renewal–the leading publication for professionals in the corporate renewal industry.

Established in 1988, TMA members include turnaround practitioners, attorneys, accountants, investors, lenders, venture capitalists, appraisers, liquidators, executive recruiters, and consultants, as well as academic, government, and judicial employees. TMA has a chapter in Australia, Austria, Brazil, Bulgaria, Croatia, the Czech Republic, Finland, Germany, Hong Kong, Italy, Japan, Korea, the Netherlands, Romania, Serbia, Singapore, Southern Africa, Spain, Sweden, Ukraine, and the UK. There are two chapters in Canada–Montreal and Toronto.

A Vision to Serve our Members and Clients

TMA's vision is to be the leading international association of professionals who assist businesses in managing periods of dramatic change and help to improve their business performance. We provide value to our members in the form of:

  • Communication to promote the tangible benefits and accomplishments of turnaround professionals and enhance the image and credibility of the profession.
  • Education to provide turnaround professionals access to the highest level of knowledge in management technology and skills.
  • Networking to encourage the sharing of practical information regarding successful techniques in turnaround management and professional camaraderie and support.

To benefit as an organization, TMA must deliver services and benefits not only to its members, but to its members' clients as well. TMA is succeeding in reaching out to those audiences. Through their involvement in TMA and their referrals to its members, business leaders, boards of directors, lenders, lawyers and accountants are recognizing the contributions of the profession and its importance to corporate recovery and renewal.

The TMA Code of Ethics describes the values contained in our vision statement and encourages members to live by these ideals as they practice the corporate renewal process.

TMA news

21 Mar, 2018

TMA UK Welcomes Newest Sponsor

Andrew Pepper - TMA UK President welcomes Beer &...

20 Mar, 2018

Successfully obtained orders recognising the appointments of Hong Kong joint provisional liquidators

Mourant Ozannes successfully obtains orders...

Sponsor news

20 Mar, 2018

Funding and functionality: the ongoing challenges of charity finance

The majority of charities have managed to come through a tough decade, if not unscathed, certainly...

27 Feb, 2018

Is plastic on the way to extinction?

In December 2017, our Consumer Markets team issued several predictions for the retail, dining...


TMA UK @UK_TMA · yesterday

Great to have you on board !…

TMA UK @UK_TMA · 3 days ago

'Have I got news for you' - After the success of the joint event in 2017, we have planned for another joint event w……


Mar 2018