Case Studies

Interim CRO for National Nursery

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Home·Interim CRO for National Nursery

The Situation

Extraordinary weather conditions over two years severely impacted a bankrupt national nursery’s annual sales, stressing cash flow. Stapleton was named Interim CRO to turnaround and sell the business.

How We Advised

Our experts optimized lender’s return of capital from a the large commercial nursery with 1,200 employees.

  • Named interim operations and financial manager to oversee operations and employees.
  • Developed and implemented a go-forward business plan.
  • Determined the short and long-term exit options for the bank.
  • Maintained operations to enable going-concern sale.
  • Managed the sale of the company within the lender’s short timeline

Key Contact

David Stapleton, CPA, CLPF
Senior Managing Director
Strategic Advisory Practice
+1 213 235 0601
[email protected]

Related Practice Areas

> Chief Restructuring Officer (CRO) and Interim Management Services
Our experienced C-suite interim executives advise and support companies in financial distress, experiencing hypergrowth, or that are challenged by critical vacancies among senior leadership. Whether the leadership void results from operating challenges, a recent officer resignation, the need for added support during busy periods, or during an extended job search for the right permanent hire, our experienced executives provide immediate relief and value.

 

> Solutions for Distressed Situations
We deliver integrated solutions for distressed and insolvent businesses that maximize recovery, mitigate risk, and restore enterprise value. Our experts are retained to help distressed organizations stabilize operations, protect stakeholder interests, and execute turnaround strategies. We take an operationally-focused approach that looks beyond the balance sheet to minimize further degradation and build a path to sustainable growth.

Our Experts