We do business in a way we believe clients will view as a welcome change.
- Serve the client’s interests without compromise or confused motivations.
- Provide only senior-level attention and access.
- Build long-term relationships based on trust and performance.
- Attack every assignment in a comprehensive, multi-disciplinary manner.
We pride ourselves on our uncompromising business ethics
- The client's return on investment is paramount.
In making recommendations, we are strongly guided by an assessment of the client's risk-adjusted net recovery under likely alternatives. We communicate our findings and recommendations in a straightforward manner. - We reject solution bias.
Solution bias means recommending a course of action based, at least in part, on the advisor's frame of reference and self-interest. Often this manifests itself through recommendations to pursue transactions, conduct detailed forensic accounting investigations or engage long-term "interim" management.
Instead, we always provide an objective assessment of viable alternatives and recommend those we believe best serve the client's interests. - We do not over-extend our stay.
Running the meter is bad for our clients and contrary to our way of doing business. - We do not over-extend our scope.
We willingly refer in other qualified professionals when circumstances warrant and the client's interests require.
Our clients benefit fully from our many years of
professional experience
- We are organized to provide management and advice, executed by senior professionals, to middle-market businesses that require such attention but, because of the cost, prefer not to engage one of our more highly institutionalized competitors.
- We do not engage in "bait and switch" marketing. The executives soliciting your business are those who work on it.
- We do not bulk up assignments with junior number-crunchers. Though we can provide numbers specialists to an assignment when appropriate (and with client concurrence), leveraging junior professionals is not our livelihood.
Business relationships are built on trust, mutual
respect, and performance
- Our business success rests on our reputation.
Therefore, continually looking for the next "quick hit" does nothing to improve our long-term interests. Instead, we look for clients we can collaborate with for mutual reward. - We tailor our services and fees to the needs of our clients on an
assignment-by-assignment basis.
In some situations it is not clear to what degree the services of a firm such as ours are warranted, if at all. In others the project is simply modest in scope. At no time do we ask for a greater commitment than the circumstances warrant. - We do not require large initial commitments from clients.
Each assignment is evaluated on its own merits; there is no pre-determined, minimum "entry fee" to engage our services. - We prefer compensation tied to measurable performance.
Whenever appropriate and practical, we advocate incentive-based compensation because we believe both we and the client fare better.
Our skill set runs the full spectrum of "Business
Restructuring"-related expertise
Our principals have more than 60 combined years of senior operating, financial restructuring and investment banking experience. Over the years, we have built a strong record of business turnarounds, crisis management, corporate transactions and complex financial restructurings. The insights gained are brought to bear on every assignment.
- Repositioning companies in their industries.
- Organizational restructuring and restaffing.
- Supply chain re-engineering.
- Crisis management and radical cost-cutting.
- Turnaround management and prudent resizing.
- Strategic planning for long-term value and growth.
- Acquiring and selling companies.
- Public and private financing and refinancing.
- Out-of-court and Chapter 11 restructurings and negotiations.
- Liquidations.
