CRO / Turnaround Consulting

CRO / TURNAROUND CONSULTING

An out-of-court restructuring/turnaround can efficiently and cost-effectively result in a fresh start for a troubled company, as well as preserve jobs and vendor and customer relationships.

As Chief Restructuring Officer (CRO) or financial advisor, Stapleton Group’s seasoned team collaborates with management to thoroughly assess the company’s financial and operating performance. We then design and implement an achievable strategic turnaround plan which may include negotiating a forbearance agreement for short term relief, new or restructured financing, or selling the business or assets.

We drive successful, sustainable results by:

Overcoming strained relationships between the company, lenders and creditors
Driving proactive, open communications
Delivering timely and accurate financial reporting
Managing cash flow and operations aggressively
Leading strategic and deliberate actions

Our Restructuring Services

Serve as CRO/CEO/CFO

Take control of the company. Assess all financial and operational protocols. Design and implement strategic plan.

Profitability & Cash Flow Analysis

Build 13-week cash flow and other financial models. Determine solvency.

Operations and Finance

Right-size the business. Resolve outstanding issues with creditors and other third parties.

Debt Restructuring or Refinancing

Advise management in negotiating a new debt facility with existing or new lenders.

Asset / Going-Concern Sale

Maximize proceeds for lenders, creditors and shareholders while preserving jobs.

Accounting & Reporting

Assess and remedy financial reporting protocols.

Results

Restructured Gym Equipment Supplier in Ch. 11 Bankruptcy

As Interim CEO/CFO and strategic advisor to a bankrupt gym equipment supplier, Stapleton Group guided the company through a successful reorganization under Ch. 11 Bankruptcy.

From Probable Death to Rebirth – Restructuring Modern Times Beer

As CRO, Stapleton Group achieved a recovery exceeding 5x liquidation value for Modern Times Beer’s secured lenders and helped save more than 160 jobs by auctioning the business as a going concern, just one week before the lenders were planning to liquidate for $1.5 to $2.0 million.

Ch. 11 Reorganization of Heavy Equipment Dealer

As Financial Advisor to a bankrupt heavy equipment vendor, collaborated with management and counsel to achieve a confirmed Plan of Reorganization under Ch. 11 in less than 6 months.

More Results