Case Studies
J.S. Held Acquires Shechter & Everett to Expand Forensic Accounting Capabilities for Family Law Disputes in Florida
Read MoreThe client was a $500 million privately held Petroleum Distributor, Convenience Store Owner, and Trucking Company based in Pennsylvania.
The Company was underperforming, facing a leadership crisis, and was wracked by infighting among the heirs of the founder. Sensing a larger crisis, the Company’s board realized outside help was needed.
Our experts conducted an operational assessment of the Company and eventually assumed the roles of COO and Manager of Purchasing. We identified $2 million in annual expense savings, reorganized an unwieldy management structure, initiated a capital planning process, and put in place financial and inventory controls. Our team maintained the Company’s operations while the Company was marketed for sale, and was ultimately sold for values that exceeded original expectations.
Brian F. Gleason, CTP
Senior Managing Director
Strategic Advisory Practice
+1 610 659 8118
[email protected]
> 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.
> Turnaround and Restructuring Services
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. Drawing upon decades of experience in the turnaround space, we help companies in transition identify practical strategies to improve profitability and liquidity for immediate relief, while concurrently developing and executing a comprehensive turnaround plan for long-term, sustainable value creation.