• Spectrum CXO
  • Strategic Adisory Services
  • Private Equity Investments
  • Investment Criteria
  • Our Team
  • Frank J. Feraco, Senior Advisor
  • Edward J Fanning, President
  • Albert Ricchio, Senior Advisor
  • Past Private Equity Investments
  • Turnaround Management Services

TURNAROUND MANAGEMENT SERVICES

Past Projects
Workout, Turnaround Media, Advertising, Marketing
  • Negotiated $3.75 Million Acquisition
  • Negotiated Settlement with Creditors
  • Negotiated Terms with Bank
  • Created Marketing Strategy
  • Created Quarterly Promotions
  • Increased Ratings
  • Increased Sales
  • Reduced Operating Costs
  • Negotiated $5.75 Million Sale
Workout Systems, Engineering, Manufacturing
Arranged takeout financing - senior debt, subordinated debt and equity - to avoid equity penalty of 33% and exit bank workout.
Workout DTC, Retail, Manufacturing
Arranged takeout financing - senior debt and subordinated debt - to exit bank workout.
"Stay the course, one step at a time."
Turnaround
  • Negotiation Acquisition
  • Arranged Equity Financing
  • Negotiated Bank Financing
  • Developed Marketing Strategy
  • Eliminated Inefficiencies
  • Improved Productivity
  • Lowered Operating Costs
  • Reduced Staff by Over 50%
  • Increased Sales 300%
Turnaround, Transformation
  • Increased EBITDA from $3 Million to $40 Million
  • Increased Sales from $550 Million to $600 Million
  • Cut Fixed Overhead $10 Million
  • Implemented Sales Reporting System
  • Implemented Sales Quoting System
  • Implemented ERP System
  • Implemented CRM System
  • Executed Sales Force Effectivenes Program
  • Implemented Outbound Call Center
  • Consolidated Plant Operations (eliminating 2 of 8 plants)
  • Created Corporated Shared Services Group for Financing and Information Systems
  • Streamlined Supply Chain.
Reorganization, Turnaround, Start-Up
  • Eliminated losing DTC and media business
  • Eliminated losing institutional "green" sanitation solutions business
  • Launched new Union Spring Healthcare business on limited budget in 30 days.
  • Outsourced fulfillment operations
  • Oversaw creation of new product development
  • Oversaw sales and marketing functions
  • Raised equity capital
  • Raised equity capitaltiations of sale to publicly traded pharnceutical company
Bootstrap, Scaling
  • Advisor to Founder/CEO
  • Zero Equity Invested
  • Growth from $500,000 to $50,000,000 in 5 years
  • Drove Initial Marketing Strategy
  • Established Value Drivers
  • Established Vendor Relationship
  • Established Lines of Credit
  • Established Accounting System
  • Established Payroll System
  • Wrote Employee Manual
  • Acquired Service Fleet
  • Arranged Growth Financing
  • Established KPI's
  • Created Employee Benefit Plan

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