Turning around troubled companies

  • What are the web addresses of firms that specialize in fixing corporations - turnarounds?


  • Milt_reeder, Are you looking for a particular location of these firms or a particular industry specialty? -THV


  • milt_reeder, There come times when a business has to stop, look at itself, and determine if there is enough expertise and experience to survive. Sometimes, by no fault of their own, company owners simply don't have the tools to make a company work. This is where turnaround specialists come in. Turnaround, also known as corporate renewal, has been a viable industry for quite a long time. However, with the recent drop in the dotcom industry, the corporate renewal professional is seeing a huge upswing. Whether it is taking over, on an interim basis, for key positions such as CFO, or simply rewriting a business plan, turnaround professionals can be the key element in allowing a company to survive. There are literally hundreds of turnaround companies and professionals. Below is a list of several, with their website and phone numbers: AEG Partners LLC 847-205-4390 http://www.aegpartners.com Allomet Partners, Ltd 212-249-3935 http://www.allomet.com/ Anderson Bauman Tourtellot Vos & Co. 336-275-9110 http://www.abtv.com/ ARP Services, LLC 517-837-3660 http://www.arpservices.com/ BBK Ltd. 248-356-0800 http://www.e-bbk.com Brent I. Kugman and Associates 312-251-5550 http://www.kugman.com/ Brincko Associates, Inc. 310-553-4523 http://www.brincko.com/ Buccino & Associates 203-319-0321 http://www.buccinoandassociates.com/home.cfm Cambridge Financial Corporation 732-855-7811 http://www.cambridgefinancialcorp.com/ Capital Restoration LLC 978-443-7500 http://www.capitalrestoration.com/ Carl Marks Consulting Group 908-874-7787 http://www.carlmarks.com Centrus Group, Inc. 330-864-5800 http://www.carlmarks.com/main.html CFO Associates 207-721-9670 http://www.cfoassociates.net/ Cherpock & Rosenfeld LLP 212-651-6203 http://www.wolfling.com/crllp/index.html Cloudhawk, Inc. 207-871-7055 http://www.cloudhawk.com/ Conway MacKenzie & Dunleavy 248-433-3100 http://www.c-m-d.com/ All of these organizations have partners or staff members that are Certified Turnaround Professionals. For more information about the turnaround or corporate renewal industry, you can visit the following resources: Turnaround Management Association http://www.turnaround.org/ Association of Certified Turnaround Professionals http://web.cba.neu.edu/actp/ Thank you for your question. If you need an clarification, please let me know. Regards, -THV Search Strategy: turnaround professional


  • This is helpful. More specifically, I'm looking for the firms that INVEST in turnarounds, not just consultants who, for a fee, will give you advice on turning around the company.


  • Thanks for the clarification. Are you looking for firms, individuals or funds, commonly referred to as vulture funds, that invest in turnarounds? -THV


  • THV, I'm looking for individuals or funds that invest in turnarounds. Not VCs who really focus primarily on new companies. Vulture funds qualify and maybe there are organizations or associations of individuals who invest in troubled companies. Milt


  • Milt.. Suprisingly, there are a great number of companies that take the risk in investing in depressed or struggling companies either through individual investment, funds or groups. Most are focused on real estate turnarounds, however, there are a few that look at companies. The list below are companies that are based in the Unites States. If you need any other countries, please let me know and I will see what I can find: KPS Special Situations Fund, LLC http://www.kpsfund.com/index.htm Funds specifically set up for investment in turnarounds. Over $210 million in committed capital. Starweaver http://www.starweaver.com/index.html Focuses on technology and communication sectors Plantagenet Capital http://www.plantagenetcapital.com/ Current fund is focused on financial and Information services and international B2B companies. Questor http://www.questorfund.com/ Invests in companies with annual revenues ranging from $100 million to $2 billion. Weiss, Peck & Greer http://www.wpgequity.com/ Everything from traditional buy-out to consolidations Wellspring Capital Management http://www.wellspringcapital.com/ Steers away from telecommunications, high technology, real estate and commodity-based businesses Wingate Partners http://www.wingatepartners.com/ Seems to focus on aquistions I hope this helps. Please let me know if you need any additional information. Regards, -THV







    • #If you have any other info about this subject , Please add it free.#
    Your name:
    E-mail:
    Telphone:

    Your comments:


    If you have any other info about Turning around troubled companies , Please add it free.

    9 January 2009 | cameltoepants.com | edit