Interim Management at PE Portfolio Company: Multi-plant Industrial

Howley Associates LLC retained by Private Equity Sponsor during Management Transition

Andy Howley and his team acted as CFO during capital and operational restructuring

  • High turnover at executive level, combined with sub-par operating performance
  • Held officer position of CFO during extended stabilization and transition period
  • Lead manager and Board member in bankruptcy of related affiliate
  • Negotiations with lenders, and resultant change in banking relationship
  • Developed improved internal financial reporting and controls
  • Tight management of cash flow, working closely with lenders
  • Worked closely with tax counsel and accounting firm on a series of complex issues at both company and sponsor level
Interim Management, Portfolio Company, Private Equity Sponsor, Private Equity, Management Transition, operational restructuring, Andy Howley, Andy Howley Associates,