I am super excited to announce that I was awarded turnaround of the year by the Global Turnaround Management Association. What an honor to be recognized by the TMA and to work with this team of professionals saving this ailing manufacturing company.
My work was initially the due diligence, the financial modeling, and the purchase accounting. I spent a year and a half on this project working with the turnaround team, accounting personnel and leadership team. We developed lean processes, streamline the backroom operations, and created a reporting and accountability structure that was extremely effective.
The end result: positive earnings and EBITDA, predictable cash flow, a positive less stressful environment saving 100 manufacturing jobs and resulting in a stable and valuable company!