by Brian Berglund | Oct 17, 2024
In a challenging phase marked by significant financial distress due to inadequate accounting and tax processes, this Indiana-based staffing company faced potential foreclosure with over $50 million in debt against annual revenues of $360 million. Harney was engaged to...
by Brian Berglund | Aug 9, 2024
A notable player in the recycling industry was dealing with significant financial challenges because of major market disruptions and liquidity issues due in part to low petroleum prices and China’s Greensword policy.
by Brian Berglund | Jul 18, 2024
A leading aftermarket manufacturer for the automotive industry faced a critical financial challenge due to the loss of a major contract with General Motors, which resulted in over 50% revenue loss. Despite restructuring and pivoting to an e-commerce model, the company...
by Brian Berglund | Jun 21, 2024
The Company was a producer of non-apparel merchandise under license agreements with most professional sports leagues and a large number of colleges, theme parks, restaurant chains and cruise lines. They tripped financial covenants at the end of 2018, and as a result,...
by Brian Berglund | May 9, 2024
A key player in the recycling and waste management sector engaged us to explore strategic acquisition opportunities, value the company’s assets, and perform a detailed strategic assessment. This multifaceted engagement aimed to optimize their market positioning...