Our engagements typically include...

Phase 1: Initial Assessment & Analysis (approximately 1 month) 

Assess industry dynamics, performance and management, including potential risks and contingencies, to inform the capital structure, board composition and management retention. 

Phase 2: Operational Planning (timing deal-dependent) 

Represent lenders at the company, assess talent gaps and operating needs, and align stakeholders on the governance framework and board structure. 

Phase 3: Pre-Restructuring (1–2 months) 

Conduct operational, commercial and financial diligence, assess management capabilities, and identify leadership and board needs while developing the value creation plan. 

Phase 4: Post-Restructuring (1–3 months) 

Onboard the new board, finalize compensation and governance matters, implement required management changes, and establish the roadmap and reporting cadence for the value creation plan.

Phase 5: Ongoing Monitoring (as needed) 

Monitor performance against the value creation plan through regular engagement with management, the board and lenders, while assessing effectiveness and addressing capability gaps.