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
