Challenges & Desired Outcomes

Our Role: Manage a detailed "punch list" of actions to prepare for post-restructured ownership

Outcome: Avoid delays and expense, increase transparency and management engagement

Our Role: Conduct 360 appraisal through deep off-list referencing and performance evaluation

Outcome: Make fact-based decisions about go forward management team and address gaps

Our Role: Design and select board against matrix of needed skills and coordinate effective selection process

Outcome: Impactful, aligned board members with relevant experience and commitment to drive outcomes

Our Role: Conduct operational, organizational and financial review to identify remedial actions and ascertain costs and timing

Outcome: Better informed lenders able to corroborate and challenge key assumptions

Our Role: Identify and quantify critical levers to add value and mitigate risks to be approved by lenders

Outcome: Drive consensus around key actions and milestones to exit on favorable terms

Our Role: Evaluate management compensation, design aligned incentives tied to outcomes

Outcome: Lessen reliance on cash compensation in favor of long-term equity

Our Role: Leverage network of vetted execs and advisers to complement or backstop management

Outcome: Accelerate pace of change with interim talent and, if needed, ease management change

Our Role: Implement value creation planning, closely monitor outcomes

Outcome: Prioritize and track rigorously actions required to optimize investment returns

Our Role: Distill key performance indicators and report to investors on progress against VCP

Outcome: Offer investors early warning radar with greater visibility and board accountability for outcomes