Industry/Space
Brief Company Situation
Firm's Role
Light Electric Vehicles
1) Company losing $1.8 million per year; and
2) Severe quality issues, supply chain issues, & deteriorating sale channels.
Turnaround CEO
Foundry
1) Company doing $60 million in sales -- profitable but underperforming
2) Significant operational and manufacturing issues
Board Member & Hands-On Advisor
Building Products
1) Company losing $1.3 million per year on $25 million in revenue; and
2) Severe manufacturing issues and quality issues, & deteriorating sales.
Turnaround CEO
Retail Chain
1) EBITDA of 2% on sales base of $160 million; and
2) Bad inventory control, bad purchasing; over bloated infrastructure.
Advisor to CEO
Supplements
1) EBITDA of 4% on sales base of $50 million; and
2) Ineffective middle management, supply chain issues; and pricing problems.
Advisor to CEO
Durable Goods
1) Company losing more than $2 million per year; and
2) Deteriorating distribution channels & outdated manufacturing processes.
Turnaround CEO
Medical Training
1) Company ran into significant troubles and the CEO was fired; and
2) No reliable data was available.
Turnaround CEO
Business Equipment
1) Significant drop in sales & cash losses at a run rate of $1 million annually.
Turnaround CEO
Telecommunications
1) The company had a broken sales model & near obsolete product lines;
2) Significant operational and management personnel problems; and
3) Company was insolvent & cash losses were $400,000+ per month.
Turnaround CEO
Healthcare
(Paper Products)
1) Wholly owned subsidiary of a publicly traded company; and
2) Significant cash losses and management turmoil.
Turnaround CEO
Enterprise Software
1) Company had two operations — one in the US and one in the UK;
2) Sales had declined by 25%; and
3) The cash burn rate was in excess of $1 million per month.
* Turnaround CEO
Direct Mail
1) Company was loosing approx. $100,000 per month;
2) Significant management and operational problems; and
3) Revenue was decreasing at the rate of 15% per quarter.
Turnaround CEO
Computer Products
1) Company manufactured and sold monitors and other devices; and
2) Severe operational and financial problems.
Acting CFO
Packaging
1) Company manufactured card board shipping containers; and
2) Severe sales, management, union and financial problems.
Turnaround CEO
Healthcare Services
1) Significant cash losses and decline in market share.
Turnaround CEO
Healthcare
(Plastic Products)
1) Management had walked out after our client acquired the business; and
2) Significant cash losses and unbelievable chaos.
Turnaround CEO
E-Commerce
1) Sales were decreasing rapidly and the company's CEO was fired; and
2) Cash operating losses were $600,000 per month.
Turnaround CEO
Training
1) Cash operating losses were $150,000 per month; and
2) The company's sales had dropped 37% from the prior year period.
* Turnaround CEO
* Two or more professionals from our firm were deployed in this engagement.