J.S. Held Acquires Shechter & Everett to Expand Forensic Accounting Capabilities for Family Law Disputes in Florida
Read MoreThe Company was a $50 million Plastic Injection Molding tier 2 automotive supplier located in Canada.
The Company was experiencing drastic revenue declines combined with downward margin pressure from its customers. It was in default of its loan agreements and needed a plan to address its core operational as well as financial structure issues.
Our experts were hired as Chief Restructuring Officer. We worked with the Company to identify cost savings opportunities as well as new revenue initiatives. Even while the industry continued to experience declines, the Company returned to positive cash flow and was able to restructure its bank facility to provide it adequate capitalization.
> 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.
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