“As the cycle turns, and credit issues and problems in the macro environment arise, we foresee an influx of performance improvement situations. But at Accordion, we see performance improvement as an extension of what we’ve been doing all along – building budgets, producing 13-week cash flows – and in this case, helping our clients avoid bankruptcies, avoid restructurings, and avoid forbearance negotiations.
“We really understand the nuisances involved in a restructuring, and when you combine that with our deep understanding of working with PE-held companies, it makes for a pretty powerful combination.”
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