Turnaround and Revitalization

During restructuring our team of seasoned professionals works with the company in whatever capacity best meets the client's needs. Whether providing advice on specific aspects of the restructuring process or stepping in as interim managers responsible for developing and implementing the plans and programs, our teams provide expertise and leadership necessary to achieve the desired outcome.

Turnaround and restructuring services include:
• Addressing liquidity concerns.
• Stabilizing core operations.
• Implementing cash conservation guidelines and controls
• Business plan development & review
• Development of employee incentive plans to drive behavior
• Development and review of cost reduction initiatives
• Assisting management with implementing an operational restructuring
• Managing the creditor communication and negotiation processes
• Assisting with bankruptcy case administration
• Ongoing communication processes with key constituencies

The fundamental struggle with change, particularly in heavily leveraged situations, has the potential to create a crisis environment rife with operational and financial problems. Working with managements of troubled companies, TMI Consulting Group helps develop a strategic plan that addresses challenges and opportunities, and builds on the core competency of the firm.

Our Turnaround and Restructuring practice offers critical assistance to companies that are underperforming, in crisis or healthy, but with underperforming business units. Working with company management, TMICG helps stabilize financial and operational performance by developing and implementing comprehensive profitability and working capital plans. Our involvement reassures creditors and investors that the company is taking important steps to address its problems and maximize its value.

During restructuring our team of seasoned professionals works along side company management to develop a plan that makes sense and can be executed. We provide advice on specific aspects of the transition process and help manage complex constituency relations and communications.

TMI Consulting Group is working with corporate executives, boards of directors, investor groups and other stakeholders to accomplish this mission. Using a hands-on holistic approach that draws on the deep operational heritage of our people, our compact teams of senior professionals work with clients to solve problems, overcome challenges, pinpoint potential operational improvements and execute positive change - whether partnering with management in an advisory capacity or serving in an interim management role.