Case Studies
J.S. Held Acquires Shechter & Everett to Expand Forensic Accounting Capabilities for Family Law Disputes in Florida
Read MoreThe client was a $150 million Retail Jewelry Store Chain operating across the US.
The Company encountered difficulty when rapid growth outside of its core South Florida market stretched its resources and capabilities. Management invested heavily in new stores far outside the Company’s core market and without the benefit of the critical Rolex line. This ultimately resulted in poor merchandising in its older established stores and losses in the expansion stores. The chain was losing money, and a cash liquidity crisis was looming.
Our experts were engaged to perform an operational assessment of the Company, including an analysis of the performance of all of the Company’s locations. We developed and assisted with the implementation of a restructuring plan that eliminated all of the expansion stores and returned the Company to positive performance in its core South Florida market. Importantly, this was done without the need for a bankruptcy filing, enabling the Company to preserve all of its critical vendor relationships.
> Business / Operational Assessment
Most consulting firms approach a business assessment from a purely financial perspective — our assessments provide a 360° view of a business, addressing growth drivers, profitability, and uses of capital. Along with detailed financial performance reviews and cash flow forecasting, our comprehensive Business / Operational Assessment identifies the various challenges clients encounter throughout their operations.
> Turnaround and Restructuring Services
Navigating the many challenges confronting a company in transition requires an operationally focused approach that looks beyond the balance sheet to minimize further degradation and build a path to sustainable growth. Drawing upon decades of experience in the turnaround space, we help companies in transition identify practical strategies to improve profitability and liquidity for immediate relief, while concurrently developing and executing a comprehensive turnaround plan for long-term, sustainable value creation.
