Business Restructuring and Turnaround
We have led many successful business turnarounds in a variety of healthcare, nutritional supplements, consumer foods, light manufacturing, specialty retail and distribution businesses, in both in court and out of court situations.
We begin with the philosophy of trying to preserve as much value as possible across the enterprise and avoiding bankruptcy proceedings wherever possible. We bring a very pragmatic approach in time sensitive situations to quickly assessing the operating environment, the various interests and risks involved before implementing a turnaround plan. We have a track record of quickly generating credibility with all important stakeholders including lenders, creditors, staff & shareholders, which is essential to success, and maintaining integrity throughout the turnaround process.
Our services include:
- Chief Restructuring Officer
- Restructuring or Financial Advisor
- Business and financial expert to Creditor’s Committees
- Right sizing businesses
- Cashflow forecasting
- Overhead expense reductions and optimization
- Project management