Turnarounds and Restructuring
Avant Advisory Group provides financial and operational management and corporate governance expertise to assist companies, investors, and creditors in dealing with both underperforming and insolvent companies. Our turnaround and restructuring team transform an underperforming business to one of increasing value that generates cash from operations.
Our experts work directly with middle-market companies and their stakeholders to address company viability, operating strategies, and restructuring alternatives to transform and maximize value.
Our interdisciplinary team of turnaround and restructuring specialists represents years of experience in advising and supporting senior management, boards of directors, lenders, legal counsel, and investing firms. Avant often serves in interim management capacities (chief restructuring officers, chief financial officers, chief executive officers, etc.) for troubled companies—analyzing profitability, realigning operations, reducing costs and expenses, maximizing cash, reducing working capital, and maximizing asset utilization.
For companies in transition, we offer the following for turnaround, crisis management, reorganization, and insolvency management related services:
Financial and Operational Advisory – Strategic and operational assessment, financial forensics and special investigations, business plan and forecast vetting, monitoring and compliance, merger and acquisition intermediary financing and transaction support, financial analysis, and business valuation, negotiation support, litigation support and dispute resolution, expert reports and testimony.
Crisis Management – Situation assessment, viability and liquidity analysis, cash flow modeling and financial forecasting, projections and pro forma analyses, working capital and cash management, cost reduction, loan workouts and equity restructuring, plan feasibility, inter-creditor negotiations, and interim management.
Insolvency and Bankruptcy – Analysis of preferences and fraudulent transfers, valuations and alternative scenario analyses, securing of debtor-in-possession financing or other capital sourcing, creditor support for lenders and committees, restructuring plan development and evaluation, negotiations and consensus building, development of disclosure statements and plans of reorganization, debtor reorganizations and liquidations, and optimal strategy implementation.
Diligence Case Study
Purchase Price Reduction Resulting from EBITDA Diligence Adjustments and Working Capital Shortfall
Diligence Case Study
Sometimes the Best Deal May Be the One Not Done!