Restructuring for growth in frontier markets.

For companies facing the decisions that reshape them: restructuring, divestiture, and exit.

Payce Partners advises companies through the decisions that change their shape, restructuring what no longer works, divesting what the business has outgrown, and exiting where the future is not. We work with companies in emerging and frontier markets, where these decisions are harder, the margins for error thinner, and imported solutions rarely fit.Restructuring and turnaround
Reshaping operations and the balance sheet so what remains is stronger and fit for what comes next, whether the business is under pressure or preparing to grow.
Divestiture and exit
Releasing what the company has outgrown, or where the future no longer lies, cleanly and on good terms. Business-line exits, carve-outs, and market withdrawals, managed so value is preserved on the way out.
Succession and ownership transition
Guiding owners and founders through sale and handover, on their terms, with the business left in good order.
Corporate strategy at a turning point
Clear counsel for the decisions that do not come with a template, from someone who has had to make them, not just advise on them.

Payce Partners was founded by Ndabezinhle Masuku, a finance practitioner with over 25 years of institutional leadership across the UK and sub-Saharan Africa, and a researcher of how firms transform in emerging markets.His work began inside corporate transformation itself. In the early 2000s he was in the finance function of a multinational gold-mining operation in Zimbabwe as it was divested, and stayed on through the management buyout that followed. He later held CFO-level roles across institutions in Zimbabwe through periods of severe macroeconomic volatility, and spent three years in research finance at the University of Oxford, across the Nuffield Department of Clinical Neurosciences, the Mathematical Institute, and the Blavatnik School of Government.He holds professional fellowships with the Institute of Financial Accountants (FIPA) and the Institute of Public Accountants (FFA), and is PRINCE2 trained. He is now studying corporate finance at master's level, building toward doctoral research into how multinationals restructure, divest from, and exit frontier economies, and what determines whether they retreat, break, or transform.Having run finance inside companies under real pressure, and then studied how firms come through change, is the perspective Payce brings to every engagement.

Why Payce Partners?

We have stood where our clients stand.
We do not advise on restructuring from a distance. We have been in the room for divestment, buyout, and restructuring under real pressure, and we bring that first-hand judgement to the decisions that matter most.
Restructuring is a beginning, not an ending.
Most advisers manage the decline. We work toward what the business becomes: the reset that makes the next phase of growth possible.
Research behind the counsel.
Our advice is informed by ongoing research into how multinationals restructure, divest from, and exit frontier economies, and what separates the firms that come through from the ones that do not.
Fluent in frontier markets.
We understand how companies actually operate, and transform, in economies that behave differently from the ones most advice is written for.
Led personally.
Every engagement is led by the principal, not delegated down.

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