Operational & Financial Services:

Turn-around & Restructuring

Rapid growth, customer issues, cost pressures, changing demand, rising competition, a changing global economy; whether they are on the horizon or already happening, any of these factors can impact the operations and performance of businesses. A company may have vision and value, coupled with the ideal product good people behind it; and as some of the best businesses have learned, even that doesn't guarantee financial success. Allegiant provides services to address complex business issues:

      • Assessment
      • Interim Management
      • Workouts & Turnarounds

Allegiant is highly experienced in all aspects preventing loss of value for stable companies, recovering value for marginal performing companies, and creating value for distressed companies.

Assessment

Allegiant's assessment helps organizations pinpoint operational issues and implement the changes needed to improve financial performance. Our team can further analyze and adjust business operational strategies, including methods and resources used for producing and delivering a product. We strengthen operational performance, and that, in turn, delivers strong financial performance – as evidenced by hundreds of companies that have achieved high-impact results with the help of our team. We identify the key drivers of operational success and translate those drivers into a plan of action and results.

Interim Management

Allegiant Managers and Executives are seasoned professionals with extensive leadership and managerial experience, who can be deployed quickly for interim placement. These highly skilled professionals can be held accountable and trusted to take the lead in any number of business situations and ensure the execution of business objectives. From strategy development/deployment at the corporate level to division and on-site factory management, these uniquely skilled leaders can take charge and ensure execution.

Workouts & Turnaround Management

Whether the engagement is a short term workout (four to six months) or longer term turnaround (6 to 24 months+), Allegiant provides executive and management who functions in a senior operating positionduring the engagement until the end goals are achieved. Allegiant comes in, to deliver hands-on financial, operational and strategic action that rapidly produces results. While delivering sustainable results, Allegiant keeps in mind your financial goals and your drive to uphold responsibilities to customers, employees, suppliers and lenders. We consider all the issues surrounding your business, and we work to restore profitability through strategies such as reducing costs, resolving production problems, restructuring the balance sheet and reestablishing credibility with lenders and other creditors. Our mandate is simple and direct: improve results and restore value to your business and its stakeholders. Whether you seek to preserve capital, create value, reestablish credibility and communication with your constituencies or develop and implement a plan to improve cash flow and restore earnings, Allegiant can guide your company to where you need it to be. Our workout and turnaround services include:

      • Turnaround Management Consulting
      • Crisis Management
      • Restructuring/Bankruptcy/Fiduciary Services
      • Operations consulting and interim management(leading management team)
      • Performance Improvement (assessment, initiating controls, TM plans, execution)
      • Negotiations (creditor, debtor, customer, supplier)
      • Dealing with legal/financial aspects of past transactions
      • Serve as a 'comfort' to staff, suppliers and customers through transition
      • Low Cost Country Sourcing
      • Due Diligence Services

The professionals at Allegiant subscribe to the code of ethics of the Turnaround Management Association, which is dedicated to the highest standards of professionalism, integrity and competence for those engaged in all matters involving turnaround, crisis management and corporate renewal.

Additional Services: Targeted at:

Troubled Supplier Advisory Services
All companies rely on their supply base to assist them in delivering quality products and services to their customers. Allegiant helps companies maintain consistent, uninterrupted supply bases. Our services help companies identify and avoid supplier risk and develop strategies when faced with a troubled supplier situation. Our supplier advisory services include:
      • Conducting due diligence and assessing viability of suppliers
      • Assisting the company in selecting and managing its supply base
      • Helping companies maintain the flow of goods while re-sourcing away from troubled suppliers
      • Advising companies when one of their suppliers files for bankruptcy protection
      • Performance Improvement

The Allegiant Approach

Understand Your Business
The first step for improving performance is to understand what's happening right now. We work with your management team to assess the costs of your operations and the processes that drive them. We identify specific actions that quickly impact the bottom line; then we work to predict the effects of process changes and, in some cases, demonstrate the need for a comprehensive restructuring plan.

Get to the Root of the Matter
Understanding the root cause of operational issues is critical to the success of any improvement plan, and our skilled and experienced professionals waste no time. Our systematic approach quickly identifies the issues that lead to underperformance.

Plan for Success
Working with management, we develop and execute improvement plans to restore enterprise value. Our improvement plans create immediate sustainable value for your business. Whether it's cost reduction, headcount reduction, scrap reduction, plant layout changes, new equipment purchases and implementation or plant consolidations and closings, our solutions bring rapid and measurable results.

Reap the Rewards
Our action plans lead to changes, and our changes lead to results. Once the Allegiant plan has been implemented, your operations may look very different. The way you think about your business may be very different. And your expectations of your business will certainly be different as financial and operational performances are restored.

Representative Associations Include:
      • Turnaround Management Association
      • American Bankruptcy Institute
      • Association for Corporate Growth
      • Association of Insolvency and Restructuring Advisors
      • International Women's Insolvency & Restructuring Confederation
      • International Association of Restructuring, Insolvency & Bankruptcy Professionals