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News Stories (32 Results) - Turnaround Management

AlixPartners, the global consulting firm, announced that two of its consultants have been recognized by the Turnaround Management Association (TMA) for its distinguished “Turnaround and Transaction of the Year” awards, to be presented at the TMA’s... Read Story

September 26, 2019, 08:50 AM

The Turnaround Management Association (TMA), the leading nonprofit serving corporate renewal and restructuring professionals, announced the winners of the 2019 Turnaround and Transaction of the Year Awards. TMA will honor these 12 teams at the TMA... Read Story

July 01, 2019, 09:00 AM

B. Riley Financial, Inc. announced its subsidiaries, B. Riley FBR, Inc. and GlassRatner Advisory & Capital, LLC, were selected as winners in The M&A Advisor’s 13th Annual Turnaround Awards.“I’m thrilled to see B. Riley FBR and GlassRatner recognized... Read Story

March 29, 2019, 08:30 AM

AlixPartners, a global consulting firm, completed the acquisition of independent financial advisory and interim management firm Zolfo Cooper.  This transaction was announced on September 27, 2018. All of Zolfo Cooper’s managing directors and staff... Read Story

November 02, 2018, 07:23 AM

The Turnaround Management Association (TMA) has announced the winners of the 2018 Turnaround and Transaction of the Year Awards. TMA will honor 76 professionals during a special awards ceremony at The 2018 TMA Annual on September 26-28 at The... Read Story

September 07, 2018, 09:00 AM

TMA Global announced the election of Kevin A. Krakora, CTP, Principal at KPMG LLP, as 2018 President. The announcement was made during The 2017 TMA Annual Conference in Fort Worth, Texas. Krakora's term will begin on January 1, 2018. "I am honored to... Read Story

November 30, 2017, 07:16 AM

The Bon-Ton Stores, Inc. announced that it has amended its $880 million ABL Tranche A and Tranche A-1 credit facility, providing the Company with immediate flexibility and substantial additional liquidity under its current credit facility.According... Read Story

October 25, 2017, 07:20 AM

Abraxas Group Founding Partner David Johnson, serving in the role of Interim Chief Operating Officer, led the successful turnaround and restructuring of a Chicago-area Behavioral Healthcare Company active in adolescent residential treatment, adoption... Read Story

October 09, 2017, 07:17 AM

Garden Fresh Restaurant Corp, parent company of Souplantation and Sweet Tomatoes restaurant chains, announced the appointment of restaurant turnaround veteran John W. Haywood  as chief executive officer.  Last month the company announced that... Read Story

September 08, 2017, 07:17 AM

AlixPartners announced it has expanded its internationally renowned Turnaround & Restructuring Services practice via an affiliation with a leading Caribbean practice. The affiliation, which will operate under the AlixPartners brand, brings a team of... Read Story

December 01, 2016, 07:39 AM

O’Keefe, a financial and strategic advisory firm, announced it has added Enterprise Consulting as a new practice group. The announcement was made by Patrick O’Keefe, firm founder and CEO.Heading the group is Linda McConkey, a managing director at... Read Story

November 18, 2016, 07:15 AM

Leading global professional services firm Alvarez & Marsal (A&M) continues to expand its Disputes and Investigations practice with the addition of Larry Iwanski and Robert Lang, who join as Managing Directors. The hirings illustrate A&M’s commitment... Read Story

September 28, 2016, 07:19 AM

AlixPartners, the global business-advisory firm, announced the opening of an office in Houston, Texas. This is AlixPartners’ 25th office worldwide, and its ninth in the US, and is an important milestone in the firm’s global growth... Read Story

September 16, 2016, 07:52 AM

FTI Consulting announced that its Corporate Finance & Restructuring segment received the Turnaround Management Association’s Mega Company Turnaround of the Year Award for its role in the Chapter 11 reorganization of automotive supplier Chassix... Read Story

September 15, 2016, 07:25 AM

Conway MacKenzie announced the launch of the firm’s Valuation & Opinion Services practice. Led by Senior Managing Director, Sam W. Clark, IV, the group provides expert advice and opinions to companies and their boards, investors and other capital... Read Story

August 03, 2016, 07:53 AM

ABTV (formerly Anderson Bauman Tourtellot Vos), headquartered in Greensboro, NC, announced a major reorganization and new management team. The changes, which went into effect March 1, 2016, support the repositioning of ABTV as a leading business and... Read Story

April 01, 2016, 07:26 AM

Black Elk Energy Offshore Operations, LLC has retained Blackhill Partners, an investment bank and restructuring firm specializing in complex situations, as restructuring advisor to guide the company through its Chapter 11 bankruptcy.Black Elk Energy... Read Story

November 12, 2015, 07:00 AM

Getzler Henrich & Associates announced the firm plans to expand its energy advisory practice significantly, with an increased focus on the oil and gas upstream, midstream and downstream sectors, and service and supply companies. As a result of the... Read Story

October 20, 2015, 07:42 AM

Executive Sounding Board Associates announced that its team of restructuring and performance improvement professionals has joined EisnerAmper's Philadelphia office. Led by Robert Katz and Michael DuFrayne, who joined the firm as Managing Directors... Read Story

September 02, 2015, 07:58 AM

FTI Consulting has entered into a five-year, $550.0 million senior secured revolving line of credit. The credit facility effectively amends and extends the maturity date of the company's existing $350.0 million credit facility from November 27, 2017... Read Story

July 01, 2015, 08:01 AM

GlassRatner Advisory & Capital Group, a leading financial advisory services firm with deep roots in the bankruptcy and restructuring, due diligence and forensic accounting area, is targeting international growth by participating in the launch of a... Read Story

June 04, 2015, 07:13 AM

AlixPartners LLP, the global business-advisory firm, confirmed that it has entered into an agreement to acquire the business and assets of Zolfo Cooper Europe. This exciting acquisition will significantly expand AlixPartners’ UK and continental... Read Story

February 17, 2015, 07:46 AM

Zolfo Cooper and Talbot Hughes McKillop (THM), leading independent restructuring advisors, announced that they have entered into an affiliation agreement to cooperate on global restructuring engagements. The two firms specialize in helping corporate... Read Story

February 17, 2015, 07:09 AM

Friedman LLP and Executive Sounding Board Associates LLC (ESBA) announced that Friedman will integrate the business consulting, turnaround management, restructuring and crisis management practice of Executive Sounding Board Associates (ESBA) into... Read Story

September 24, 2014, 07:43 AM

RadioShack Corporation announced the appointment of Holly F. Etlin as interim chief financial officer, replacing John Feray.  Feray resigned on September 12, 2014, citing personal reasons.Etlin, a managing director of AlixPartners and longtime... Read Story

September 16, 2014, 07:09 AM

Deloitte announced that William Snyder, principal, Deloitte Transactions and Business Analytics LLP and co-leader of the Deloitte Corporate Restructuring Group (Deloitte CRG), will be inducted to The American College of Bankruptcy as a Fellow of the... Read Story

March 04, 2014, 07:13 AM

Tuscany International Drilling Inc.entered into an amending agreement (the "Amending Agreement") to its US $255 million senior secured guaranteed credit agreement with Credit Suisse AG, Cayman Islands Branch, as administrative agent (the "Agent") and... Read Story

December 02, 2013, 07:39 AM

Alvarez & Marsal (A&M) announced that Tom Phelps, a veteran consultant with extensive retail industry experience, has joined the firm as a managing director to work with retailers in the U.S. and worldwide to improve business performance.  He is... Read Story

November 14, 2013, 07:34 AM

Bloomberg reports Dell Inc., the computer maker that founder Michael Dell and Silver Lake Management LLC are taking private for $24.9 billion, is working with AlixPartners LLP on its turnaround, according to people with knowledge of the... Read Story

September 25, 2013, 07:32 AM

AlixPartners, a global business-advisory firm, announced a major commitment to and expansion of its advisory service offerings to underperforming companies and their constituents with the addition of Randall S. Eisenberg, a veteran practitioner with... Read Story

January 16, 2013, 07:52 AM

From the fourth quarter Phoenix Management “Lending Climate in America” Survey, results show that retail trade and finance & insurance industries supplanted construction for the first time in two years as those industries most likely to experience... Read Story

January 08, 2013, 07:23 AM

Buffets, Inc., an owner and operator of buffet-style family restaurants, announced the appointment of seasoned restaurant executive, entrepreneur and turnaround specialist Anthony Wedo to the position of chief executive officer. With more than twenty... Read Story

December 07, 2012, 08:00 AM