Restructuring & Special Situations
CRO & Interim CFO Leadership
When the situation needs an operator in the building, we take the seat. Cash control within 48 hours. A stabilization plan inside 30 days. Weekly reporting the board and the lender group can run on. We have held this chair through forbearances, an Article 9 restructuring, and sale processes — not observed it from an advisory letter.
Who calls us
The situations
- Lender groups and credit funds requiring a CRO as a condition of forbearance
- Sponsors whose portfolio-company CFO seat is empty — or overmatched — at the worst possible moment
- Founder-led industrial companies where fatigue has become its own resolution risk
What you receive
The deliverable
An operator in the seat: disbursement control and a real cash position in week one, the stabilization plan by day 30, weekly board and lender-group reporting — and if the resolution is a turnaround or a sale, the same team executes it without a handoff.
From hour zero through resolution
Hour zero
Cash dominion — approvals, disbursement control, a real cash position by end of week one.
Weeks 1–4
The stabilization plan — vendor triage, customer protection, headcount decisions, the 13-week model live.
Ongoing
Weekly board and lender-group reporting; management coaching where the team stays; hard decisions where it cannot.
Through resolution
If the answer is a turnaround, we execute it; if the answer is a sale, the same team runs the process. **Proof** Mitigation and Restoration Firm: fractional CFO through an Article 9 restructuring \[confirm outcome line\]. A 20-site dental support organization in forbearance: CRO and banker on the same engagement, for the private credit fund. \[Manufacturing Firm — confirm role and outcome.\]
Common questions
Straight answers
CRO or interim CFO — which do we need?
A CRO carries a restructuring mandate from the board and typically reports to it; an interim CFO runs the finance function. In middle-market situations one senior person often holds both hats — we scope to the governance the situation requires.
Will management accept an outsider?
Faster than they accept a consultant. An operator who has signed a payroll and sat in their chair reads as help, not surveillance — and the lender group's confidence usually improves the company's negotiating position.
How fast can you start?
Cash control procedures within 48 hours of engagement in most cases.
An operator in the building, this week
Cash control in 48 hours. A stabilization plan in 30 days.