Turnarounds and Crisis Management Practice Group
Trusted Hands Helping Your Business Navigate Challenging Times
When your business faces a crisis or is at risk of losing stability, every decision matters. Whether the challenge stems from cash flow problems, leadership gaps, operational inefficiencies, or market disruption, you need swift, expert guidance to protect value and restore momentum. Our turnaround and crisis management specialists work side-by-side with you to stabilize operations, regain stakeholder confidence, and position your business for sustainable growth.
How We Help
We focus on rapid assessment and decisive action. Our team identifies the root causes of distress, implements immediate stabilization measures, and develops a clear path forward. We balance urgent needs with long-term strategies, ensuring your company emerges stronger and more resilient.
Immediate Stabilization and Cashflow Management
When your business faces financial distress, stabilizing cashflow is often the top priority. We work with your leadership to implement proven cash maximization techniques that create breathing room for recovery.
Representation and Negotiation Support
We represent your company with lenders, vendors, and investors—calmly and confidently—while building trust and gaining the time needed to execute turnaround plans.
Strategic Planning for Recovery
We develop and implement both short- and long-term strategies to restore financial stability, improve performance, and position your business for sustainable success.
Expertise in Crisis Scenarios
Exogenous factors, market shifts, or economic downturns can quickly trigger a crisis, especially for highly leveraged companies. Our partners bring deep experience managing distressed situations across industries, as well as working with lenders and investors to improve underperforming portfolios.
Who We Serve
Companies
If you are facing deteriorating cash flow or underperforming assets, you may be dealing with challenges you have never encountered before—tight cash management, extending vendor financing, or managing impatient lenders. The added reporting demands from concerned stakeholders can overwhelm even strong teams. We bring the experience and capacity to help you manage through these tough situations and restore stability.
Creditors
If your lenders or investors require greater oversight, we can provide objective reviews of your business plan and financial performance. We help you meet lender conditions, including monitoring mechanisms tied to loan waivers. Our team reviews cash conservation strategies, evaluates 13-week cash flow forecasts, and tracks actual results against plan. We also assess risks and opportunities in your operations and support negotiations for forbearance agreements or restructuring plans to protect your business and position it for recovery.
Capabilities
Companies Engage us to:
Provide interim crisis management to guide companies facing financial challenges.
We supplement financial management to enhance communications with creditors, vendors and the Board of Directors.
We provide dedicated experienced resources to assure successful execution of turnaround plans.
Fill an interim CFO position where the incumbent has lost credibility with lenders and other creditors. It can be nearly impossible to “fix” a creditor issue where the incumbent CFO is viewed as part of the problem. Alternatively, where warranted, we can help reestablish credibility of financial management through our independent review process.
Establish or enhance 13-week cash flow modeling techniques and measure to actual performance.
Conduct analytical reviews and development of business plans.
Compare operating plans to financial plans for consistency.
Communicate required financial objectives to operating personnel.
Analyze cash conservation opportunities and assess any related risks.
Model proposed debt compliance measures and provide sensitivity analyses.
Assist in lender negotiations for amendments and forbearance agreements.
Identify potential new sources of financing and refinancing.
Prepare financial marketing packages.
Coordinate lender operational and collateral audits.
Monitor performance against business plans.
Meet the Team
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Bob Weis
Turnarounds and Crisis Management Practice Group Leader
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Marc Loupe
Turnarounds and Crisis Management Practice Group Member
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Joe Markunas
Turnarounds and Crisis Management Practice Group Member
Build a High Performing Team
Whether your business is growing, transforming, or in need of change, finding the right people quickly is critical. Our recruiting services give you direct access to experienced recruiters and advisors who understand your industry, your challenges, and the kind of talent it takes to move your business forward. Whether you're filling a key executive role, backfilling staff during a transition, or building out a new team, you’ll get tailored recruiting support without the overhead of a traditional search firm.
You choose the model that fits: executive search, contingency recruiting, or interim and project-based staffing. Every search is grounded in deep operational knowledge from across the 2GO Advisory Group—so you’re not just hiring quickly, you're hiring wisely.
Engagement Example:
Created lender-ready 13-week cash flow models with daily, weekly, and monthly variance reporting for companies with debt financing from $5 million to $60 million, enabling clear visibility and lender confidence.
Engagement Example
Secured multiple loan agreement amendments with bank and non-bank lenders for commitments ranging from $5 million to $150 million, protecting client liquidity and operational continuity.
Engagement Example:
Negotiated numerous covenant waivers, resets, and forbearance agreements for loans in non-compliance. Our third-party involvement often proved critical to maximizing flexibility with lenders.
Engagement Example
Prepared documentation and provided direct support for bank audits, ensuring timely completion and minimized disruption to operations.
Engagement Example:
Designed and executed asset liquidation plans for non-complying loans, helping companies recover maximum value in wind-down situations.
Engagement Example
Analyzed financial forecasts and conducted risk/opportunity assessments for management and lenders. Delivered independent business plan reviews often required in turnaround situations.
Engagement Example:
Renegotiated payment terms with vendors and service providers to quickly secure maximum flexibility and preserve cash.
Engagement Example
Identified and implemented immediate cost-cutting measures, including eliminating excess capacity, canceling unwanted leases, and removing unneeded corporate services and products.
Engagement Example: