A restructuring can seem overwhelming at the onset, especially in the wake of a potential bankruptcy or sale. Patrick Walsh breaks down how a turnaround can be accomplished step by step, showing how even a troubled company can find stability in as little as three months.
Cedar Croft Consulting structured and secured a $17 million revolving credit facility for Walker Zanger. The revolver will be used to support the organization’s financing goal for its strategic business plan.
Management consultant Ziggy Krupa joined Cedar Croft Consulting in Toronto as lead for new business development and the Canadian client base
The initial stages of a turnaround can be chaotic for both the consultant and the stakeholders. Establishing a communications protocol at the start of the engagement can create an orderly process that keeps everyone updated in a timely fashion. Patrick Walsh provides a protocol and explains how management, lenders and the consultant will benefit from using it.