Morris-Anderson & Associates Ltd.

As many stakeholders have found, most executives are not experts in chronic underperformance.

The services our crews of specialists provide offer the peace-of-mind stakeholders need: we stabilize the company, protecting its assets, maximizing its value and steering it toward operational and financial success.

That's why we're here: since 1980, our sole mission has been to help North American companies get through the rough waters. How can we help yours today?


	Performance Improvement Due diligence of operations M&A integration and cost takeouts Outsourcing to Latin America, Near/Far East Productivity improvements Quality program implementation Product-line rationalization Facility consolidation Marketing plans and margin improvement “Turnaround Mentoring” —a two-week ﬁxed-fee training and assessment of solid cash-management practices and enhancing ﬁnance as a key managment tool
	Financial Advisory Assessments of business plans, Financial performance and management - Case study 1, 2, 3, 4, 5, 6 Lender, investor and bond group representations - Case study 1 Value and recovery maximization Operational due diligence on new investments and acquisition integration “Risk Reducer”—performance improvement analysis Expert witness testimony Forensic accounting and fraud analysis Going-concern and liquidation-value modeling Creditor committee representations
	Interim Management CEO, COO, CFO, CRO, functional VP, board member roles - Case study 1 Plant and operations management - Case study 1 Executive recruiting - Case study 1, 2 Crisis stabilization - Case study 1 Management assessments
	Turnarounds and Workouts Assessments of company problems and alternative development - Case study 1, 2, 3, 4, 5, 6, 7, 8, 9, 10 Cash Flow and liquidity management - Case study 1, 2, 3, 4, 5, 6, 7, 8, 9, 10 Business and turnaround planning, and plan implementation - Case study 1, 2, 3, 4, 5, 6 Revenue and margin optimization - Case study 1, 2 Financial modeling and projections - Case study 1, 2, 3 Business viability analysis - Case study 1, 2, 3, 4 Cost reductions and downsizing - Case study 1, 2, 3, 4, 5, 6, 7 Improved working capital - Case study 1, 2, 3 Collateral protection and marshalling - Case study 1 Product and customer profitability analyses - Case study 1 Information systems assessments - Case study 1, 2 Liquidation value projections, analysis and implementation - Case study 1 Negotiations with lenders and creditors - Case study 1, 2
	Corporate Finance Refinancing and capital acquisition - Case study 1 Going-concern sales - Case study 1, 2, 3 Financial restructuring - Case study 1 Trade creditor composition plans Liquidations and wind-downs Assignments for Benefit of Creditors (”ABC”) State receiverships and estate trustee roles
	Information Technology Services IT Systems problem assessment and correction Systems integration and project management - Case study 1, 2 Core systems development and implementation Critical application strategy and delivery - Case study 1, 2 Management reporting definition and restructuring Database integrity and restructuring - Case study 1, 2
	Insolvency Services Knowledge and understanding of process Chapter 11 planning and preparation Preparation of schedules for SOFA Knowledge of KERP Assistance in DIP financing Communications with lenders, employees, creditors Assessment of problems and correction Cash flow management Trade credit management Preference analysis Preference recovery through a time-tested program Assistance in Monthly Operating Reports Support at committee and lender meetings Business Plans for negotiating the POR Assistance in negotiation of POR Claims analysis and resolution Complete close-down services Extensive experience as Liquidating Trustee, Plan Administrator and Trustee Fee examinations
	Healthcare Crisis - Change Management Solutions Capital Advisors including Private Placement and Public Instruments Strategic Planning Board Training Due Diligence Working Capital Calculation through Final Settlement Operational and Financial Integration of Acquisitions post close Buy/Sell Assistance Operating Metrics Analysis and Benchmarking Net Revenue Performance Review CMS 23 Day Termination Notifications Capital Planning (CapEx) Regulatory Compliance Section 404 Sarbanes - Oxley Compliance Board Governance and Audit Committee Advisor Hospital Management Contracting Interim Management Mentoring and Coaching Departmental Oversight and Technical Advisor Healthcare Case Studies - (www.centrehp.com)

Performance Improvement

Financial Advisory

Interim Management

Turnarounds and Workouts

Corporate Finance

Information Technology Services

Insolvency Services

Healthcare

There’s a reason we’re known as America’s most experienced performance improvement consultants.

Since 1980, MorrisAnderson & Associates has successfully navigated more than 1,400 underperforming public and private companies through troubled waters.

Throughout this period, our seasoned professionals have provided strategic, financial and operational consulting to financially distressed and underperforming businesses and their lenders in virtually every sector of the economy.

today to discuss how we can maximize the enterprise value of your underperforming company.