Mergers, Acquisitions and Turnaround Professionals

RESK Consulting, LLC

Home

About Us

Partners

Selected Assignments

Contact Us

Automotive Supplier - Example C

Automotive Supplier - Example C

A global supplier of complex machined castings

 

 

Company had previously been restructured

Former lenders are now shareholders

One significant location had deteriorated to the point of an EBITDA loss with the maximum monthly loss exceeding $1 million

Re-vamped the leadership team

Repaired and relocated equipment, reduced scrap, reduced overtime

Trained employees on industry-leading manufacturing techniques

Focused on cash and its uses, dramatically reduced purchased components

After six months, plant became consistently profitable for the first time

Annual EBITDA improvement exceeding $10 million

New managers at all levels continue to exceed prior performance

Client engaged RESK to proceed to next under-performing plant

RESK engaged to improve operations….

 

from $5 million EBITDA loss to $5 million EBITDA profit! It only took six months.