Turnarounds and Restructurings Require the Support of the Bank (and they may not be interested)
For the bank, troubled situations always boils down to deciding whether to support the borrower and its turnaround plan, or not.
A rapid-response team that drops into difficult situations to make positive change. We measure success in jobs saved.
We’ve been in these rooms hundreds of times — as advisors, interim executives, and owners who have bought and run distressed businesses ourselves. When a business is under pressure, it comes down to money: making payroll, holding off the bank, and protecting the people who depend on it.
Our job is to steady the situation, protect what you’ve built, and find the path forward.
For the bank, troubled situations always boils down to deciding whether to support the borrower and its turnaround plan, or not.
We have started a checklist of business points to consider and negotiate when working on a licensing deal in the cannabis space. You can’t establish value (an appropriate royalty) without first defining the transaction.
Scott talks about the six certainties required to close any sale.
Scott talks to Lucie Quigley about Turnarounds, Roofers World and sales & marketing, and has a martini.
There were 479 transactions in the North American Metals & Mining sector in second quarter of 2019, including 318 private placements, 41 public offerings, 74 mergers & acquisitions, 7 buybacks and 39 shelf registrations, with a total value of C$26.2 billion. Total deal volume decreased by 6% over the second quarter of 2018 and transaction value decreased by 82%.
