Turnaround Case Study Competition

TMA Australia and Allegro Funds are pleased to present their annual turnaround case competition.

The 2025 Case Study Competition is now closed.

Participants will be provided with a real company facing challenges and requiring a turnaround. Working in a small team, you will prepare and present an investment recommendation, deal price and structure, and turnaround plan to a private equity fund’s investment committee.

Submit your own team (up to 5 participants) or enter as an individual. Please note that we can assist with allocating you to a team.

The competition represents a dynamic opportunity to build and apply turnaround skills, to network with your peers and make new connections. It’s also a chance for participants to take the lead on a pitch that usually the domain of their senior colleagues!

The winning team will be awarded a prize, and recognised at the TMA National Conference in October.

Upcoming TMA Australia Certification: Members that participate in the case competition may wish to apply for TMA Australia certification. The main elements to obtain certification will be participation in the Case Competition and completion of the online Turnaround Strategy Course. Prior year Case Competition participants will also be able to apply. Further information regarding certification can be found on our website.

Key Dates

  • Team Registrations Open: Tuesday, 1 July
  • Team Registrations Close: Friday, 8 August
  • Case Released: Tuesday, 12 August
  • Presentation due: Tuesday, 19 August (presentations to be submitted here)
  • Finalists notified: Monday, 25 August
  • Presentation night: Wednesday, 27 August (top teams will be selected to present)
  • Winner announced: Thursday, 23 October (during TMA National Conference)

Eligibility

  • Open to professionals in the NextGen category (i.e. under 35 years of age)
  • 3-5 participants per team
  • At least 1 member of each team must be a member of the TMA
  • Members of the teams should be from at least 2 different organisations and cross functional teams are highly encouraged
  • Should you wish to participate and need help finding a group, please submit an enquiry from your dashboard.

Prizes

  • $5,000 for the winning team.
  • Tickets to the TMA Australia Conference in Melbourne (22-23 October).

Briefing

Watch the video to view Allegro’s briefing on key considerations for participants.

Case Study Submissions

Please submit your Case Study Presentation here