Case Studies
J.S. Held Acquires Shechter & Everett to Expand Forensic Accounting Capabilities for Family Law Disputes in Florida
Read MoreThe Company was a $20 million publicly traded Software Technology and Integration Services Firm based in Dallas, TX.
Four consecutive years of losses and a declining liquidity position led the Board of Directors and certain shareholders to the conclusion that a third-party turnaround manager was required.
Our team was engaged as the interim CEO. Our experts implemented a reduction-in-force, recapitalized the business with $3 million in new financing, and refocused the Company’s efforts on profitable business units. Furthermore, we facilitated the creation of a new value-added product line that commanded higher margins. The Company’s return to profitability, coupled with the development of new products and services, positioned the company for a sale at a premium price to an industry participant. We led negotiations throughout the sale process, resulting in total value exceeding $18.0 million. We continued to serve as interim CEO throughout the transition process after the sale transaction was completed.
> Executive Leadership and Interim Management Services
When portfolio companies face critical vacancies and skill gaps, our experts step into executive and management roles and serve as part of the organization’s leadership team. Whether an opening is a result of a recent officer resignation, the need for added support during busy periods, or to bridge an extended job search for the right individual, we provide experienced executives who ensure stability and immediately add value.
> Transaction Diligence and Support
We partner with investors as trusted advisors to expertly navigate the challenging deal and investment climate. Our operational expertise is blended with an array of industry experiences, financial acumen, and technical knowledge to deliver unparalleled enterprise analysis to our clients. We leverage decades of transactional experience to understand each client’s unique situation, allowing for keen insights into diligence issues and the simplification of complex business operations.
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