Troubled businesses need specialized services to recover, restructure and renew.
Warren Averett Turnaround Advisors provides objective, strategic and pragmatic advice to assist management in making sound decisions in the revitalization process of helping a business recover, restructure and renew. Warren Averett is uniquely suited to address critically troubled business situations, address myriad of needs encountered in distressed situations and speed the recovery process.
Our services to help organizations work through critical issues and discover new opportunities broadly include:
Turnaround services – focus on operations
Restructuring services – focus on achieving proper capital structure
Advisory services – focus on helping third parties respond correctly to distressed situations
Fiduciary services – focus on serving court-appointments in federal and state courts throughout the Southeast
Strategic solutions – focus on sourcing the best financing, the disposition of troubled assets and sell-side M&A advisory
We help businesses and their stakeholders work through the most challenging situations to improve and maximize their financial and operational performance. We work with managers of distressed commercial businesses and troubled real estate investments in all stages of distress, from a venture experiencing reduced profit to one in full financial crisis.
We work with debtors, creditors and equity holders both in and out of court to reach successful conclusions, and serve as advisors, monitoring agents or fiduciaries, depending on the circumstances. Target situations include:
- Troubled commercial or industrial businesses
- Distressed real estate investments
- Exit stage ventures
Specifically, we help address situations in which:
- Information for decision-making purposes is not readily available or is unclear.
- There is no plan, or the proposed plan needs improvement.
- There has been a breakdown of trust between parties.
- There is a need to rehabilitate relationships with stakeholders.
- A party desires to exit the situation.
Our primary objective as turnaround specialists is to create long-term relationships. Success means that ventures achieve sustainable viability, provide maximum recovery for all stakeholders and have access to traditional financing. While not every situation will attain a positive result, we respond quickly and decisively by developing and implementing strategies to bring order and objectivity to a challenging situation.
Our advisors have broad industry, financial and operational knowledge. We serve distressed companies with annual sales ranging from $5 million to $500 million in a variety of industries.