Approach to Assignments

The Corporate Renewal process can best be viewed as a series of overlapping chapters of a book. First, we perform a situational assessment that encompasses an in-depth understanding of the company's competitive position. Next we quantify the financial resources realistically available along with any leverage able business relationships.

Then, we immediately implement actions to improve internal cash flow. We are guided by a 90-day operating plan that is developed within the first several weeks. Our immediate focus is on gaining the support of the institutional lenders to start stabilizing the company's financial position. We are continually communicating the company's "game plan" to employees, customers, suppliers, and investors throughout the process.

Based on available resources, Partners assesses the trade-offs between the risks of not surviving versus preserving the upside investment opportunities. With that perspective in hand, we develop the turnaround plan. As appropriate to maximize value, we review the need to bring in new equity capital to provide liquidity and enable recapitalization of the company. Most importantly, our leadership insures the existence and commitment of management resources necessary to execute the turnaround plan.

And finally, at the end of the day, we focus on realizing strategic growth and value enhancement for the ultimate benefit of all the company's constituencies.

Contact us to explore, on a confidential basis, how we can help your company to improve its value.