Case Studies
J.S. Held Acquires Shechter & Everett to Expand Forensic Accounting Capabilities for Family Law Disputes in Florida
Read MoreWith $30 million in annual sales, this company offers wireless services in the rural Heartland, utilizing the GSM format as an affiliate of the major international wireless service provider, T-Mobile.
The company was highly leveraged, with $50 million in debt, but was otherwise a well-managed and modestly profitable company in the mid-stages of turnaround, with its “second” management team in place, who had replaced the “spend and grow” team a few years earlier.
At issue was the lenders’ concern about the company’s ability to meet its highly aggressive growth plan in a weak telecommunications market and, hence, its ability to repay its loans given its modest EBITDA.
Our experts provided an assessment that helped the company reset its financial plan to ambitious yet achievable levels, installed our 13-week cash flow projection tool to manage tight liquidity, alleviated day-to-day lender pressure on management, and helped improve the financial control infrastructure.
Dan F. Dooley, CTP
Senior Managing Director
Strategic Advisory Practice
+1 603 660 8952
[email protected]
> Debt Restructuring Services
When a company is in financial distress, our Strategic Advisory experts design and implement debt restructuring and refinancing strategies tailored to the company’s unique circumstances. We help middle-market businesses stabilize operations, improve liquidity, and optimize their capital structures.
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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.