Private equity-backed companies facing imminent liquidity and cash flow issues need creative and aggressive solutions to stave off the immediate crisis. However, companies that reach this precipice also require a longer-term strategic plan that identifies the company’s underlying performance issues and affects the needed financial, operational, and strategic change across the organization.
Enter: Mackinac, an Accordion company.
Comprised of seasoned restructuring, reorganization, and turnover experts, Mackinac identifies the factors contributing to cash-flow and liquidity issues, rescues companies in crisis and sets them on a path from value stabilization to value creation. The team works directly with the company’s ecosystem of stakeholders to present the best options to resolve the business-threatening event. Once the immediate crisis is averted, Mackinac engages in either a consultative or management role to implement the strategic changes needed to improve EBITDA, turnaround overall business performance, and deliver on the value thesis.