Marcum Advisory understands the turbulent environment in which various forms of corporate revitalization take place. Throughout this process, we work with management, counsel, and stakeholders to develop and implement restructuring plans that can reinvigorate a company's growth and profits and reestablish credibility with employees, suppliers, and the financial community.
To support this, Marcum Advisory provides a full range of services including strategic planning, financial advisory, interim management, lender and creditor negotiation, and exit strategies. Marcum Advisory works with companies in matters both with and without court protection to achieve a satisfactory and expeditious outcome. Our role can be either as interim management or as an independent restructuring advisor to existing management, a secured creditor, or the Board of Directors. For example, turnarounds, a typical form of restructuring, all need, require all or some the following elements:
Assess of the existing financial and operating environment of a company;
Review a company's financial projection to evaluate viability of operations;
Identify causes and sources of financial, market, or operating distress;
Proactive cash flow management;
Identify alternative debt and equity financing options and assist in negotiations
Negotiate settlement of contentious issues
Arrange for new or renegotiated financing
Address Officer and Director issues and retention programs
Assessing feasibility of business plans
Identify cost reduction opportunities;
Develop a restructuring plan;
Replace existing management by interim executives;
Manage employee and supplier communications and expectations;
Identify capital market alternatives;
Identify revenue enhancement opportunities; and
Sell non-core or under-performing assets.
Financing Assistance: Debt and Equity
Our financial restructuring professionals maintain ongoing relationships with a number of banks and other financial concerns to assist clients with debt and equity needs. Our debt placement services may include replacing or consolidating senior debt and procuring new or expanded lines of credit for working capital and capital expansion projects.
Where appropriate, we can locate equity partners to recapitalize a business, qualified merger partners to merge operations, or qualified purchasers to acquire the business at optimum returns for stakeholders.
Our team of professionals provides experience in financial advice, business restructuring, bankruptcy services, litigation services, valuation, corporate finance sourcing, profit improvement and tax structuring. Our business restructuring services include:
Evaluating viability of operations
Identifying and analyzing assumptions, business plan forecasts and projections