Service Offering
Turnarounds & Restructuring
Financial distress demands the rapid stabilization of cash, operations, and strategic positioning to preserve enterprise value. Catalant enables organizations to:
APPROACH
A Proven Framework for Crisis Recovery
01
Conduct rapid diagnostics
Establish EBITDA and cash baseline while identifying critical profit pools and leakage points. Deploy fresh-eyes analysis of financials, operations, and competitive positioning to surface root causes driving distress.
02
Stabilize liquidity and risk
Implement 13-week cash forecasting with daily monitoring and vendor payment triage. Accelerate receivables collection, optimize inventory levels, and restructure payables to preserve critical supplier relationships.
03
Execute cost-out sprints
Launch targeted margin improvement initiatives through zero-based SG&A redesign and procurement re-bidding. Renegotiate customer contracts and pricing structures while eliminating non-essential operational complexity.
04
Redesign operating models
Realign organizational structures, spans of control, and decision-making authority. Develop field execution playbooks and incentive systems that drive accountability and sustainable performance improvement.
05
Monitor and sustain gains
Deploy control tower governance with real-time KPI dashboards and benefits tracking. Establish continuous improvement processes that prevent regression and maintain transformation momentum.
Solution Spotlight: Catalant Forward Deployed Experts™
AI-Enabled Turnarounds Move Faster and Stick
Combine restructuring experts and AI engineers to stabilize the business and deliver results, not just a plan.
WINNING TOGETHER
Turnarounds & Restructuring Use Cases
Problem
A regional $200 million private equity-backed home décor retailer experienced accelerating losses due to declining growth, expanding costs, and slow-moving inventory. The company faced extinction risk as repeated turnaround attempts failed and board pressure mounted.
Action
Catalant consultants rebuilt the company’s core mission through hundreds of customer interviews, replacing management blockers and radically streamlining operations. They leveraged data-driven merchandising decisions, introduced new vendors from 14 countries, and launched viral marketing campaigns to re-engage lapsed customers.
Results
- $40 million EBITDA improvement with record profitability
- 50% reduction in store labor and 30% corporate center reduction
- 500 basis point gross margin expansion through faster inventory turns
Precision Machining Platform
A PE-backed precision machining platform struggled with chronic late deliveries, 8% scrap rates, and eroding margins from expedited freight costs. Consultants launched a thirty-day stabilization plan with thirteen-week cash flow management, moved bottleneck resources to three-shift coverage, and deployed quick containment on top defect modes. On-time delivery improved from 62% to 92% in ninety days, with quarterly EBITDA up $1.8 million.
Technology Services Company
A global technology services company faced stagnating performance and needed rapid cost identification to fund ambitious growth initiatives. Consultants conducted a thirty-day diagnostic across the entire value chain, redesigned the field operating model, and repriced loss-making customers representing 20% of the book. The initiative captured $40 million in run-rate cost improvements within 180 days while identifying future opportunities.
Telecom Company Recovery
A profitable telecom company was devastated by liquidity constraints that impacted creditor relationships and eventually led to Chapter 11 proceedings. Consultants leveraged the company's profitability to build a successful case for debtor-in-possession financing, conducted thorough customer base reviews to compress DSO, and facilitated emergence through acquisition by a specialist private equity group within months. Full recovery was achieved for all creditors.
featured experts
Turnarounds & Restructuring Consultants
Jason Schmitt
Catalant consultant
Ex-McKinsey Fortune 500 executive and PE turnaround CEO
Larry Ibbetson
Catalant consultant
Operations turnaround leader across aerospace, medical devices, and contract manufacturing
Jason Schmitt
Ex-McKinsey Fortune 500 executive and PE turnaround CEO
Delivered $40+ million in EBITDA improvements through 10+ years restructuring multi-billion divisions of Fortune 500 retailers and 5+ years as PE CEO turning around companies with $300+ million in revenue. Executes rapid diagnostics and cost-out initiatives by sharpening value propositions, optimizing processes, and repositioning product offerings for profitability.
Larry Ibbetson
Operations turnaround leader across aerospace, medical devices, and contract manufacturing
Orchestrated multiple rapid recoveries for PE portfolio companies and founder-led shops with 25+ years of manufacturing operations expertise. Combines hands-on approach with behavioral operating systems that sustain throughput, quality, and schedule reliability beyond crisis periods.
Alex Yeo
Ex-McKinsey consultant with PE portfolio turnaround experience
Deploys turnaround playbooks at public and PE companies to address liquidity challenges and improve operating performance. Focuses on rapid diagnostics, financial optimization, and operational re-alignment that deliver measurable margin improvements and sustainable business stabilization.
Alin Voicu
Ex-Alix Partners, Huron Consulting, EY finance and operations restructuring expert
Manages end-to-end turnaround and restructuring work within all levels of distress, in/out of Court, for Debtors or Creditors, from Board-to-Floor. Specializes in liquidity planning, financial stabilization, and margin enhancement through operational redesign and profitability sprint methods.
Access the latest insights from Catalant’s community of experts.
See What's TrendingTime is the scarcest resource in any turnaround situation.
Get the expertise you need, when you need it.
