Key Principles

Whether we are acquiring or advising, we love fixing underperforming and broken companies.  Here are a few things that are important to  us:

Commitment to Working In Partnership With Management.   An effective, value-building turnaround requires all parties to collaborate and work in close concert with one another.  We pride ourselves on working with management throughout the due diligence process and post-acquisition. We also proactively encourage those at every level of management ready and willing to step up to the plate to take on more responsibility.  We want everyone to win and, to reward for these efforts, always offer pay-for-performance incentive plans with no limit on the upside.

Commitment to  a Healthy Balance Sheet.  For any company, the right capital structure is critical. We carefully restructure balance sheets to ensure a proper level of liquidity during and after a turnaround.  We can also provide additional capital to fund growth and/or expansion opportunities as they arise.

Long-Term Focus.   We are always open to the possibility of a future strategic sale once the turnaround has taken hold, but are patient and focus on maximizing value over the long term.  We do not have predetermined exits or timetables.  In all cases, we carefully asses and evaluate exit opportunities in close concert with management.

Discretion and Respect – The challenges inherent in managing an effective turnaround require more than just attention to finance and operations. Motivation, culture and perceptions also play a key role, and we conduct ourselves with the utmost professionalism, confidentiality and discretion.


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