milt_reeder,
There come times when a business has to stop, look at itself, and
determine if there is enough expertise and experience to survive.
Sometimes, by no fault of their own, company owners simply don't have
the tools to make a company work. This is where turnaround
specialists come in. Turnaround, also known as corporate renewal, has
been a viable industry for quite a long time. However, with the
recent drop in the dotcom industry, the corporate renewal professional
is seeing a huge upswing. Whether it is taking over, on an interim
basis, for key positions such as CFO, or simply rewriting a business
plan, turnaround professionals can be the key element in allowing a
company to survive.
There are literally hundreds of turnaround companies and
professionals. Below is a list of several, with their website and
phone numbers:
AEG Partners LLC
847-205-4390
http://www.aegpartners.com
Allomet Partners, Ltd
212-249-3935
http://www.allomet.com/
Anderson Bauman Tourtellot Vos & Co.
336-275-9110
http://www.abtv.com/
ARP Services, LLC
517-837-3660
http://www.arpservices.com/
BBK Ltd.
248-356-0800
http://www.e-bbk.com
Brent I. Kugman and Associates
312-251-5550
http://www.kugman.com/
Brincko Associates, Inc.
310-553-4523
http://www.brincko.com/
Buccino & Associates
203-319-0321
http://www.buccinoandassociates.com/home.cfm
Cambridge Financial Corporation
732-855-7811
http://www.cambridgefinancialcorp.com/
Capital Restoration LLC
978-443-7500
http://www.capitalrestoration.com/
Carl Marks Consulting Group
908-874-7787
http://www.carlmarks.com
Centrus Group, Inc.
330-864-5800
http://www.carlmarks.com/main.html
CFO Associates
207-721-9670
http://www.cfoassociates.net/
Cherpock & Rosenfeld LLP
212-651-6203
http://www.wolfling.com/crllp/index.html
Cloudhawk, Inc.
207-871-7055
http://www.cloudhawk.com/
Conway MacKenzie & Dunleavy
248-433-3100
http://www.c-m-d.com/
All of these organizations have partners or staff members that are
Certified Turnaround Professionals. For more information about the
turnaround or corporate renewal industry, you can visit the following
resources:
Turnaround Management Association
http://www.turnaround.org/
Association of Certified Turnaround Professionals
http://web.cba.neu.edu/actp/
Thank you for your question. If you need an clarification, please let
me know.
Regards,
-THV
Search Strategy:
turnaround professional |
Clarification of Answer by
tar_heel_v-ga
on
03 Nov 2002 09:49 PST
Milt..
Suprisingly, there are a great number of companies that take the risk
in investing in depressed or struggling companies either through
individual investment, funds or groups. Most are focused on real
estate turnarounds, however, there are a few that look at companies.
The list below are companies that are based in the Unites States. If
you need any other countries, please let me know and I will see what I
can find:
KPS Special Situations Fund, LLC
http://www.kpsfund.com/index.htm
Funds specifically set up for investment in turnarounds. Over $210
million in committed capital.
Starweaver
http://www.starweaver.com/index.html
Focuses on technology and communication sectors
Plantagenet Capital
http://www.plantagenetcapital.com/
Current fund is focused on financial and Information services and
international B2B companies.
Questor
http://www.questorfund.com/
Invests in companies with annual revenues ranging from $100 million to
$2 billion.
Weiss, Peck & Greer
http://www.wpgequity.com/
Everything from traditional buy-out to consolidations
Wellspring Capital Management
http://www.wellspringcapital.com/
Steers away from telecommunications, high technology, real estate and
commodity-based businesses
Wingate Partners
http://www.wingatepartners.com/
Seems to focus on aquistions
I hope this helps. Please let me know if you need any additional
information.
Regards,
-THV
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