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Awards highlight the strength of J.S. Held’s national turnaround capabilities and its rapidly expanding team of experienced professionals.
NEW YORK, N.Y., February 3, 2026 -- Global consulting firm J.S. Held today announced a series of prominent turnaround industry recognitions, underscoring the strength of its Strategic Advisory platform and the expertise of its professionals. Powered by a team of more than 80 operational and financial experts, J.S. Held’s Strategic Advisory group has rapidly grown through the integration of Phoenix Management, Stapleton Group, and MorrisAnderson — a combined force that firmly positions J.S. Held as a leading trusted advisor to the turnaround and restructuring industry.
ABF Journal, in their inaugural Power Players issue, recognized J.S. Held in the “Activators” category, which highlights trusted advisors guiding lenders through rising complexity, as well as the “Revitalizers” category, honoring turnaround management experts that help businesses transform distress into stability in shifting market conditions. “With more than 80 operational and financial experts across the US — supported by global technical and scientific colleagues — our team helps companies not only navigate moments of crisis but also accelerate their growth. That combination uniquely positions us to tackle complex challenges and unlock real enterprise value,” says Stephanie Giammarco, Senior Executive Vice President and Disputes, Valuations, and Financial Advisory Division Lead.
Turnarounds & Workouts recognized J.S. Held as one of the Outstanding Turnaround Firms of 2025. “Team members across the Strategic Advisory Group were recognized for the important role we play helping clients navigate complexity and distress, with clear guidance and hands-on execution that drives meaningful, lasting change,” Michael Jacoby, Senior Managing Director and Strategic Advisory Practice Lead, observes. Michael adds, “We are grateful for the trust lenders, investors, attorneys, boards of directors and management teams place in us during times of transition. From shaping strategy to driving execution, we remain committed to delivering practical solutions that protect value and support long‑term success.”
Navigating the many challenges confronting a company in transition requires an operationally focused approach that looks beyond the balance sheet to minimize further degradation and build a path to sustainable growth.
Federal and state courts, creditors, and legal counsel choose J.S. Held team members to serve as Receiver of distressed businesses and real estate entities. The team stabilizes operations and cash flow, safeguards business assets, and pursues methods to maximize financial recovery.
Executive Leadership and Interim Management
The team leverages extensive and wide-ranging expertise to deliver strategic guidance and provide executive leadership to support companies throughout their lifecycle. With experience leading companies through growth, transition, and distress, J.S. Held experts partner with Boards, owners, and stakeholders, providing independent direction, filling critical vacancies, and helping to set the course to improved performance.
Experts deliver comprehensive services designed to support financing strategies across the full capital structure, particularly for clients navigating complex growth or funding situations or in need of rescue financing. The team employs a highly customized and collaborative approach to deliver solutions based on client needs, providing financing alternatives across the entire capital structure.
Investigations and Litigation Support
Experts combine forensic accounting, fiduciary services, and litigation experience to expertly guide business owners, stakeholders, lenders, creditors, regulators, and counsel seeking recovery in distressed situations.
Deep operational and financial expertise, supported by the multidisciplinary technical and scientific capabilities of its global colleagues, uniquely positions J.S. Held to solve clients’ most complex challenges, as demonstrated through a broad range of recent high‑impact engagements:
MorrisAnderson, Phoenix Management, and Stapleton Group each bring long-standing industry recognition to J.S. Held’s Strategic Advisory Group. Now operating as one team under J.S. Held, we provide a single-source solution for distressed and high-growth companies. From strategy to execution, experts help clients overcome complex enterprise challenges and realize long-term, sustainable business value.
When investors and business owners face complexity – whether scaling, restructuring, or integrating – J.S. Held experts turn uncertainty into opportunity, mindfully bridging strategy and execution from due diligence through post-close integration, improving performance and creating long-term business value with measurable results.
Learn more about the collective expertise of our Strategic Advisory group here.
J.S. Held is a global consulting firm that combines technical, scientific, financial, and strategic expertise to advise clients seeking to realize value and mitigate risk. Our professionals serve as trusted advisors to organizations facing high stakes matters demanding urgent attention, staunch integrity, proven experience, clear-cut analysis, and an understanding of both tangible and intangible assets. The firm provides a comprehensive suite of services, products, and data that enable clients to navigate complex, contentious, and often catastrophic situations.
More than 1,500 professionals serve organizations across six continents, including 84% of the Global 200 Law Firms, 75% of the Forbes Top 20 Insurance Companies (90% of the NAIC top 50 Property & Casualty Insurers), and 71% of the Fortune 100 Companies.