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Best Practices for Turning Around Distressed Companies: Successful M&A Transactions of Distressed Assets

It is important to remember that a turnaround is not always possible, and sometimes closing the company and/or selling off its assets to pay down the creditors is the right answer. In this installment, Yoav will discuss a case where this was necessary, as well as the steps he...

Best Practices for Turning Around Distressed Companies: Success Stories

In this installment, I will discuss a few success stories of companies where I implemented this process. A $50M public telecommunications company had a successful turnaround from a $4.5M loss to a $2M and $2.8M profit in the following two years by: Reviewing their existing...

Best Practices for Turning Around Distressed Companies: No One Likes to be Surprised

It’s important for all key stakeholders to be aligned, and that means talking to people outside of the company. This can be difficult to do for a variety of reasons, but swallowing your pride and having tough conversations with outsiders is crucial for a successful turnaround....

Best Practices for Turning Around Distressed Companies: The First Steps

In my practice, I meet many business owners and CEOs that, unfortunately, didn’t spot the signs that led to their company being on the verge of insolvency or bankruptcy. There are several signs that a company may be in distress, including strained financial resources, demoralized...

How To Succeed in Turning Around Distressed Companies

Many business owners/CEO’s unfortunately don’t spot the signs that led to their company being on the verge of insolvency, or bankruptcy. So what are the signs that your company may be in distress? Strained financial resources demoralized senior management fearful employees...