Turnaround and Restructuring Manufacturing & Distribution
Restructured and implemented cash flow efficiencies for specialty furniture importer
Restructured and implemented cash flow efficiencies for specialty furniture importer

Harney Partners was engaged to improve the reporting of the cash available to an established specialty furniture importer that supplied furniture to  big box retailers. In 2021, following the COVID-19…Read More

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Bankruptcy Advisory Manufacturing & Distribution
Arandell Corp Emerges from Bankruptcy with $31M Sale to Saothair Capital Partners
Arandell Corp Emerges from Bankruptcy with $31M Sale to Saothair Capital Partners

100-year-old commercial catalog printer, the third largest in the U.S., with revenues exceeding $80MM and pre-petition loan and lease obligations of $50MM. The company ran into setbacks related to the…Read More

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Fiduciary Services Manufacturing & Distribution
Family Business Sold After Dispute with Multinational Technology Company
Family Business Sold After Dispute with Multinational Technology Company

Austin Baccus Company (ABC) was the exclusive online domestic retailer of refurbished Dyson vacuum cleaners through its warehouse showroom and multiple online sales channels, including eBay and Amazon, as well…Read More

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Process Optimization & Operations Advisory Manufacturing & Distribution
Led comprehensive assessment of the order to shipping process across all product families
Led comprehensive assessment of the order to shipping process across all product families

A multi-site capital and process-intensive paper products company that provides quality paper for various print and converting customers was facing multiple challenges related to long lead times, efficiency issues, and…Read More

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Interim Management Manufacturing & Distribution
Optimized financial function and reporting enabling sale of company for significant returns
Optimized financial function and reporting enabling sale of company for significant returns

A private equity owned manufactured of tissue paper products had its CFO resign unexpectedly and needed an immediate replace. Company was facing operational and financial challenges as well as meeting…Read More

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Bankruptcy Advisory Turnaround and Restructuring Manufacturing & Distribution
Helped company obtain financing, reorganize and re-hire workers
Helped company obtain financing, reorganize and re-hire workers

A manufacturer of pulp, paper and related products was struggling as they navigated increased competition and falling paper prices​

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Turnaround and Restructuring Manufacturing & Distribution
Packaging company reorganized, including new financing enabling company to thrive
Packaging company reorganized, including new financing enabling company to thrive

This custom packaging company was experiencing declining financial performance. This, combined with an unwieldy ownership and management structure and an overreliance on a single customer, created uncertainty with its senior…Read More

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Turnaround and Restructuring Manufacturing & Distribution
Achieved a settlement between company and parent firm to avoid bankruptcy filing​
Achieved a settlement between company and parent firm to avoid bankruptcy filing​

In 2016, 80% of a centrifuge manufacturer was acquired by a Chinese firm with a put option given to the seller for the remaining 20%. In 2018 the put option…Read More

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