Troubled company advisory
Stabilize and transform for sustainable growth.
People never call paramedics unless they are concerned for their life. So it is with turnaround consultants. Harney Partners works quickly to assess the circumstances, stabilize financial and operational resources, determine the best path forward, and successfully transform the organization.
The entire Harney team operates with the urgency and discipline necessary to achieve timely, thoughtful and constructive solutions.
We have successfully represented challenged companies in negotiations with a wide range of stakeholders — including lenders, investors and creditors; customers and suppliers; trade unions, landlords and more. Combining clear-eyed communications and seasoned turnaround strategy, Harney Partners consistently win the stakeholder support necessary to achieve long-term success.
Featured Case Study
Lutheran Social Services
Lutheran Social Services of Illinois (LSSI) is one of the largest social services organizations in the state of Illinois. Due to the state’s inability to pass a budget to pay for its contracted services, LSSI was incurring cash losses of $5MM per year.