Turnaround Consulting
Boston Office

Whether it's emergency intervention, developing an operational plan, on-site implementation or balance sheet restructuring, our turnaround and crisis management services team has the track record to see you through.

Turnaround Consulting

Lexbridge offers a comprehensive menu of services for companies in financial distress. These services range from emergency intervention to save the enterprise from an imminent threat of closure, to developing and implementing an operational plan for continuing the operation, to balance sheet restructuring, and can include interim financing, potential divestiture of assets and settlement with creditors.

Lexbridge’s Turnaround and Crisis Management Services are headed by Joe Picano.

Emergency intervention
  • Immediate cash planning and control
  • Rapid operational performance improvement and decisive action to size the business to cash flow positive within the timeframes allowed by the cash plan
  • Clear and definitive communication with key stakeholders
    • Customers and landlords
    • Secured and unsecured creditors
    • Shareholders, management, and key employees
Operational plan and on-site implementation
Top to bottom review of management, pricing & product cost, and staffing.
Balance sheet restructuring
  • Identification of incremental financing or investment
  • Settlement with creditors
  • Potential divestiture of assets (division, product lines, physical locations)