Our Approach

In traditional turnaround situations, we will most likely be working on behalf of the company’s management as an advisor, so we have designed our approach in that context. There is no checklist or universal blueprint for revitalization, but we do have a methodology and a strong track record of success. The path of rehabilitating a company can be very challenging, but our approach to turnaround is straightforward and effective. We do not work from a rigid formula, nor do we reinvent the wheel. Expedient execution of a well-designed plan is the most critical step back toward stability in today’s economic environment and we can work side by side with management to meet the challenge.

Step 1:
We quickly analyze the situation to understand the cause for the identified symptoms of distress.

Step 2:
We determine the stage of the distress and determine if ongoing business is viable.

Step 3:
If the business can be rehabilitated, we assist in the creation and implementation of an operational turnaround plan tailored to the stage of distress. This helps stabilize the situation and maximize operating cash flows.

Step 4:
We use the rehabilitated cash flows coupled with new financing, if necessary, to restructure the obligations of the company.

Step 5:
Subsequent to executing the plan, we monitor the progress, guide management with facts and communicate with stakeholders.