Retained by $3MM internet service provider and information technology consulting firm to prepare turnaround plan and restructure historical financial accounting.
Retained to serve as Chief Operating Officer for catalog company with substantial order fulfillment and inventory control issues. Retention was the result of sudden departure of management team. Engagement in distressed situation to perform operational review, financial analysis, financial restatement, accounts receivable management, inventory evaluation and contemplation of bankruptcy filing.
Retained by ownership group for online flower related business to serve as outsourced turnkey financial management system including bill pay, financial reporting, merchant services, revenue accounting and financial budgeting.
Served as Chief Restructuring Officer for $10MM manufacturer including financial analysis and reporting, negotiation with secured creditor, and supervision of operations.
Retained by ownership group for online printing related company to serve as outsourced turnkey financial management system including bill pay, financial reporting, merchant services, revenue accounting and financial budgeting.
Retained by debtor to provide strategic financial advice in support of bankruptcy filing and recapitalization. Prepared investment memorandum for potential sale of equity by majority shareholder.
Performed viability assessment for $10MM family business in the publishing industry and assisted with the transfer of minority position in the corresponding real estate.
South Burlington, VT
Performed a collateral audit on a $60MM consumer products distributor with LOC exposure of $8MM. Retained by the secured creditor for three engagements.
Performed operational review for publisher including benchmark against industry and assessment of organization chart for $10MM publisher.
Performed as outsourced finance department subsequent to reconstruction of accounting records for 7 store catalog company in the home furnishings industry.
Served as outsourced turnkey operational and financial resource in the operation of growing internet business, 100% online sales in the automotive accessory industry.