Creditors

You have witnessed the impact of globalization and have seen companies rise and fall. Looking at businesses from an external, dispassionate perspective, you have developed strong instincts and a “gut feel” that serves you well.

In your role, there are files that catch your attention. Maybe a company has been struggling for an inordinate amount of time, or management has been inattentive. Perhaps you are concerned about the company’s ability to address their business issues honestly and in a timely fashion. Or maybe the shareholders are spending more time bickering with each other then seriously addressing the needs of the business and this has piqued your attention.

Irrespective of whether a company is on a growth, flat or declining trajectory, its not the time to give up on the file. The business has potential and its management is viable. Your security position is covered, you are collecting fees and this is not the time to push the file into Special Loans. Yet, there are issues to be addressed. The sooner the better…and you are not willing to hear from a debtor that you “don’t understand their business or their sector”…You might not know the “root issue” impacting their under-performance, but the eventual outcome is obvious. You need independent, insightful operational and financial input from within the business by senior and experienced operators who have led companies through troubled waters.

Parissis Partners Inc. can help you when:

1. You require an operational and financial assessment (“a Looksee”) of a file in order to ensure or verify the viability and strategic direction of a company and its management team,
2. Your client requires an independent professional assessment of the state of their business in order to make key strategic decisions,
3. Your client’s business is in need of a turnaround as a result of significant issues and decline, or in need of on-site operational assistance in their business for a period of time,
4. Your client is facing a shareholder dispute, and what is required is an independent operator to run the business until the disputed issues are fully resolved or are considering succession planning and seeking a viable plan or assistance in its implementation, or
5. In the case of a merger integration where a company requires senior operational assistance to ensure a smooth transition and the optimal utilization of resources.

We operate in a world where outcomes trump intentions. Our team takes ownership of outcomes and deliverables, and we work within a business, on location, shoulder-to-shoulder with leadership daily until all goals are met. We are in a business to turn the lights on in the morning and turn them off at night. Our clients are never left alone to carry the burden of implementation, nor face the most critical decisions of their lives alone. And as trusted operators and advisors, we inspire confidence with all stakeholders and lead all transformation from the front within a struggling business.