Our corporate recovery service is comprehensive in scope, pulling together the crisis management, financial modeling,
strategic planning, valuation, business planning, M&A, negotiating, and capital sourcing services necessary to rehabilitate
troubled businesses.
Companies in crisis can benefit by engaging a specialist to help them work through difficult times. An experienced turnaround
professional can provide structure to the internal process, help secure creditor approval, restore investor confidence, and
work with management to facilitate the changes needed to turn the business around. A successful turnaround effort can even
leave the company in a stronger position than it was before the problem surfaced.
Our goal is to create a win/win situation for you and your creditors by using a non-adversarial approach to negotiate
the settlement, reduction, and liquidation of excessive debt, thereby avoiding costly litigation.
World-renowned turnaround experts, Carter Pate (Partner, PriceWaterhouseCoopers) and Harlan Platt (Professor at Northeastern
University and founder of the Turnaround Management Association) in their publication entitled The Phoenix Effect
(John Wiley & Sons), identify nine highly distilled strategies critical to business prosperity:
- Identify the precise business problems you are facing
- Determine the scope of your market
- Orient your business to differentiate your products and services from others
- Manage the scale of your operation
- Handle your debt
- Maximize your assets
- Manage your employees
- Maximize your products and services
- Find more efficient methods in the process
Our best-practices 90-Day Turnaround service is designed to quickly get to the point of pain, properly diagnose the source
of the problem, identify practical and workable solutions, secure the necessary financing, and help you rapidly implement
the measures needed to remediate the situation.
