Reorganization, Turnaround & Interim Management
Today’s economy has left many companies questioning how to flourish in the adversity of a recession. For business owners ready to embrace change, we offer strategic services that involve more than simply cutting costs and growing sales. The key is developing a plan your creditors will accept. With our experts in your corner who know the ups and downs of the journey, you can achieve success again.
Fesnak’s restructuring practice spans companies from middle market, privately-held or public companies, through very large public entities.
Our depth of knowledge and specific industry experience allows us to understand your situation, your market and the valuation issues relevant to your case. We have worked with industries such as: recording, entertainment and sports management, automotive, telecommunications, financial services, real estate, retail and technology.
Reorganization services include:
- Organizational restructuring
- Sales and marketing effectiveness
- Crisis management
- Ensure integrity of accounting and financial information
- Financial analysis
- Forecasts and projections including cash flow, net realizable value of receivables, scheduling accounts receivable, determining cash flow requirements
- Outsourced or interim accounting and finance resources including CFO and CRO
- Assistance in obtaining DIP financing
In addition, we offer Balance Sheet Restructuring services including:
- Financial modeling to evaluate recapitalization scenarios
- Tax strategies to preserve NOLs
- Facilitate introductions to funding sources
- Assist with presentations, projections and recovery/reorganization plans
- Facilitate or assist in negotiations