Interim Management at PE Portfolio Company: Multi-plant Industrial

Howley Associates LLC retained by Private Equity Sponsor during Management Transition

Andy Howley and his team acted as CFO during capital and operational restructuring

• High turnover at executive level, combined with sub-par operating performance
• Held officer position of CFO during extended stabilization and transition period
• Lead manager and Board member in bankruptcy of related affiliate
• Negotiations with lenders, and resultant change in banking relationship
• Developed improved internal financial reporting and controls
• Tight management of cash flow, working closely with lenders
• Worked closely with tax counsel and accounting firm on a series of complex issues at both company and sponsor level