FINANCIAL PROJECT EXECUTION

We take a thoughtful and constructive approach to financial turnarounds.

Our specialized team of financial turnaround and restructuring consultants can help you chart a path to success before it's too late to make meaningful changes.

Financial Planning & Analysis
Financial Reporting & Accounting
IPO Readiness & Public Co. Support
Financial Systems
Financial Project Management
M&A Consulting/Due Diligence Support
Financial Turnaround & Restructuring

FINANCIAL TURNAROUND & RESTRUCTURING

Planning ahead is paramount to a successful turnaround.

Even well-run companies can hit rough patches and find themselves in situations which require operational restructuring or renegotiation of agreements with financial institutions and other creditors. Executives often wait too long to implement change, and by then, lack the financial resources required to support an in-court or out-of-court restructuring. Our firm provides support which may range from implementing strategies to improve cash flow to adjusting pricing strategies and providing analytical rigor to support creditor negotiations.

Some of the Things We Do

  • Crisis management
  • Contingency planning
  • Liquidity management
    • 13-week cash forecasting
    • Daily cash monitoring
    • Budget-to-actual analysis
    • Key performance indicators
  • Working capital management
  • Recapitalizations
  • Debt restructuring
  • Creditor negotiation
  • Bankruptcy reorganization
    • Initial bankruptcy reporting
    • Preparation of motions
    • Monthly operating reports
    • Declaration statements
    • Creditors matrix
    • Claims management
    • Plan of reorganization
  • Unsecured creditor committee cdvisory
  • Assignment for the benefit of creditors

Completed Financial Turnaround & Restructuring Projects

Managed the bankruptcy and eventual sale process of a leading technology manufacturer, including eliminating all debt while maintaining existing management and customer relationships.

Designed, created and implemented a company’s weekly 13-week cash flow projection.

Served as Interim Controller throughout bankruptcy process of an IT service firm, including the preparation of monthly operating reports for the bankruptcy court as well as weekly cash management.

Prepared projections under multiple scenarios in support of a recapitalization effort for international retailer. Created a proposal model to assist management in identifying strong opportunities and provided interim support to ‘clean up’ the accounting and reporting functions of the business.

Developed a detailed financial model to identify growth opportunities and assist in operational decision making. Built a comprehensive daily and weekly cash forecast to help management with cost reduction initiatives and working capital management for a medical management company in turnaround.

Assessed property management company’s financial health and identified real estate properties that could be liquidated to cash out and reduce negative cash flow during turnaround efforts.

Created DIP (debtor in possession) reporting and fulfilled borrowing base certificate requirements for $1B+ apparel company.

Provided Debtor Administration Services to $1B real estate investment company, including preparation of the Schedules of Assets and Liabilities and Statement of Financial Affairs, reconciliation of intercompany account settlement and preparation of financial statements for 250+ debtor entities.

It's never too early to begin work on a turnaround.

Complete the form to learn how 8020 can help you navigate the uncertainty and unique challenges associated with turnaround and restructuring planning and execution.