A national plumbing fixture manufacturer was struggling with growth, cost control, and a poor capital structure, leading to the resignation of the CFO and most of the accounting staff with little notice. ChurchillTerry beat out several other firms on short notice to step in and outsource the accounting and finance functions and provide advisory services, putting 5 people in the office within 72 hours. Within the first week an additional half million in unrecognized liabilities were identified. Within the quarter, ChurchillTerry was instrumental in securing $1M in senior debt financing at the height of the financial crisis and persuading debt and equity holders to restructure the capital stack to allow for a recovery.
Boutique advertising agency with national clients was requested to provide services that required establishing a presence in a state with aggressive tax laws and collections agencies. To do so would potentially subject a significant portion of all ...Previous Article
After a failed sale, an entrepreneur repurchased her company as a turn-around amidst closing stores in multiple states and rapidly declining sales. ChurchillTerry stepped into a leadership role and worked with key executives to stabilize operations...Next Article