PKF O’Connor Davies partners with companies in crisis to deliver restructuring, turnaround and transaction advisory services. The firm helped a trucking firm restructure operations and secure new financing.
PKF O’Connor Davies is a leading accounting and advisory firm helping clients navigate complex financial challenges with precision and insight. The firm offers a full spectrum of services – including accounting, assurance, tax and management advisory – serving clients across the U.S. and internationally. Known for delivering practical solutions grounded in rigorous financial analysis, the team excels in navigating delicate negotiations and high-stakes situations.
The firm’s restructuring and turnaround specialists focus on stabilizing businesses through a collaborative, trust-based approach. Their guiding mantra, “Be transparent early, consistent always, and accountable forever, reflects a commitment to open communication, shared decision-making and long-term accountability.
One recent project involved a $205 million trucking company seeking capital outside its incumbent lender amid declining asset values and lower spot rates. PKF O’Connor Davies restructured the company’s balance sheet and right-sized its fleet, cutting its credit facility requirement from $40 million to under $20 million and attracting multiple term sheets from new financing partners.
Rather than resorting to drastic cost-cutting, the firm focuses on helping clients shift how they operate and think. That mindset – combined with collaborative engagement – lays the groundwork for a durable turnaround. For PKF O’Connor Davies, the real reward comes from watching momentum build as management and employees work together toward sustainable success.
908.272.6200 | Pkfod.com
