Other People’s Money: What Turnarounds Teach Us About Working with Lenders when a Deal Goes South

While lenders carefully scrutinize companies seeking to borrow money, borrowers rarely exercise the same due diligence to screen potential lenders. No one embarks on a business venture planning to fail, but it does happen. Bayard Hollingsworth advises borrowers to investigate the ways lenders handle a deal that goes wrong before accepting other people’s money.

Predictor of Success Following a Turnaround: Discipline Tools Can Keep a Company Afloat After Restructuring

Completing the restructuring process is a challenge for both a company and the turnaround professional who guides it through. Yet some companies may show signs of failing a second time. Brian Gleason illustrates how using the discipline tools introduced during turnaround can keep the ship afloat, even in rough waters.

Jacoby to Be Inducted as American College of Bankruptcy Fellow

Phoenix Management Services announced that Michael Jacoby, senior managing director and shareholder of the firm, will be inducted to The American College of Bankruptcy as a fellow.

Phoenix Management Services Celebrates 30 Year Anniversary

Business advisory firm Phoenix Management Services announced that 2015 marks a milestone as it celebrates its 30th anniversary.

Phoenix Sale Receives Distressed Deal of the Year

Phoenix Management Services announced the sale of Phoenix Payment Systems to North American Bancard was named the M&A Distressed Deal of the Year.

Growing Confidence Levels: Lenders Encouraged by Strengthening Economy

The Phoenix Management Q2/13 “Lending Climate in America” survey revealed waning lender optimism; however, sentiment has taken a more positive turn over the last 12 months. The Q2/14 survey indicates that despite a few signs of caution, lenders are increasingly optimistic about the U.S. economy and commercial lending on a near-term and long-term basis.

Phoenix Management Promotes Nappi to Managing Director

Phoenix Management Services announced the promotion of Joseph Nappi as managing director in its Boston office.

Phoenix Management Names Senior Managing Director in Boston

Phoenix Management Services announced the appointment of Martha E.M. “Marti” Kopacz as a senior managing director in its Boston, MA office. Prior to joining Phoenix, she founded Brant Point Advisors.

Embracing Change… The Foundation for Successful Turnarounds

For an underperforming company, embracing change is vital to completing a successful turnaround. By recognizing the value in doing things differently, these companies can create a more solid foundation and effectively prepare for a rewarding future.

Phoenix Advises Final Word on Acquisition of SFERRA Bros.

Phoenix Management Services acted as the exclusive financial advisor to Final Word Investments in connection with its partnership with Levine Leichtman to provide growth capital to SFERRA Bros.