Case Studies
J.S. Held Acquires Shechter & Everett to Expand Forensic Accounting Capabilities for Family Law Disputes in Florida
Read MoreThe Company was a developer of Web-based video scan technology headquartered in Pittsburgh, PA.
A private placement had failed, and the Company was running out of cash.
The Company engaged our experts to oversee its financial function. We assumed control of the Company’s cash management and reduced the cash burn by reducing headcount, renegotiating the company’s lease, and negotiating settlements with a majority of trade creditors. As a result of our team’s efforts, the Company was able to remain in existence for several months longer than it originally anticipated, which provided it with the time to structure, negotiate, and close a sale of the Company. The strategic buyer discontinued its other lines of business to focus solely on the newly acquired company, which was the leading rich media solution for automated, “production-free” recording, organizing, publishing, managing, and viewing of rich media content.
> Business / Operational Assessment
Most consulting firms approach a business assessment from a purely financial perspective — our assessments provide a 360° view of a business, addressing growth drivers, profitability, and uses of capital. Along with detailed financial performance reviews and cash flow forecasting, our comprehensive Business / Operational Assessment identifies the various challenges clients encounter throughout their operations.
> 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.
