Tag Archives: Turnaround Management

Is the Turnaround Industry Really This Weak?

At the TMA Annual meeting last week In Washington DC, I found a nearly universal sentiment that the case flow and deal flow in the industry was still perilously weak. Just a sampling of the quotes that I collected:

  • “Case load is down significantly, we are currently involved in a pitch process that is actually deploying a reverse [fee] auction between us and a competitor on already discounted rates. Thank God that we have a diversified business.” Managing Director from a Large TM and Financial Consulting Firm
  • Continue reading Is the Turnaround Industry Really This Weak?

A Turnaround Case with Winners all Around

A premium Jewelry company tripped a covenant on its loan with one of the largest US middle market lending banks. The bank (which had been exiting its Jewelry credits for some time) asked the company to work with an advisor to assess its financial condition and to help it to find an alternative lender. Continue reading A Turnaround Case with Winners all Around

Sales and Marketing Consulting as a Revenue Platform for Turnaround Management Firms

In a still slow Turnaround Industry, some Turnaround Management Consulting firms may want to consider an “all of the above” strategy for generating additional consulting revenues. One such strategy that has proven effective for at least one prominent Turnaround Management Firm has been the deployment of a supplemental marketing and sales force effectiveness advisory. Continue reading Sales and Marketing Consulting as a Revenue Platform for Turnaround Management Firms