A professional organization of consultants with over 55 years of experience in various financial, legal, business and industrial fields.

 

 

 

 

 

 

CONTENTS

 

 

 

ABOUT US

 

 

 

CONTACT US

 

 

PEOPLE

 

PATRICK D. CAVANAUGH

 

 

 

MICHAEL J. EBER

 

 

 

NANCY A. ROSS, CPA, CIRA

 

 

 

R. GREG APATHY, CPA

 

 

JAMES E. BUSK

 

 

MIKE DUDEK

 

 

TOM GOLDBLATT

 

 

TINA L. HUGHES

 

 

 

TODD A. PLUGGE

 

 

 

MARK SNIEGOWSKI

 

 

JOSEPH TEDESCO

 

 

JAMES P. WELSH

 

FRANK S. WOJTOWICZ

 

About High Ridge Partners

 

 

High Ridge Partners, Inc. is a professional organization of consultants with over 55 years of experience specializing in business turnarounds, asset divestitures, financial restructurings/refinancing, litigation support, bankruptcy, assignments for the benefit of creditors, collateral evaluations and due diligence business reviews.  The professionals of the firm bring a broad range of skills to meet the needs of our clients.

 

Business Turnarounds 

High Ridge Partners provides professional support to corporate management in recognizing and addressing financial stress.  Our seasoned professionals have extensive backgrounds in financial and operational management, public accounting, and banking.  We have the ability to supplement a business’ staff or act independently to handle a complete project.  By specializing in the design and implementation of operational solutions and revitalization plans for firms that are experiencing financial trouble, we assist in the stabilization of the business, improvement of cash flow and reduction of risk to creditors.

 

Asset Divestiture 

High Ridge Partners provides recommendations to maximize the overall return on assets.  By determining the current value of both tangible and intangible assets on a going concern and a liquidation basis, we can assess the viability of continuing, modifying or closing current operations to maximize value.  Additionally, our professionals have extensive experience in managing controlled wind-downs and liquidations of product lines, divisions and subsidiary entities.

 

Financial Restructurings/Refinancings 

Our team of executives have many years of experience negotiating with creditors and suppliers, dealing with unions and interacting with taxing authorities.  Our ability to reshape the balance sheet allows for improved cash flow and provides for working capital management procedures to be implemented.  Additionally, we maintain senior level contact with a vast network of regional and local banks, finance companies, factors and equity funds.  We can assist in structuring and negotiating take-out financing.

 

Litigation Support 

High Ridge Partners has worked with clients to develop and support or defend claims in State, Federal and Bankruptcy Court.  Our assignments have included forensic investigations, analysis of preference and fraudulent conveyance claims and valuation and calculation of damage claims which may arise from business transactions.  Our professionals have been qualified as experts on matters such as valuation of businesses and collateral in a bankruptcy proceeding, pre-petition transfers of assets, and contested claims.

 

Bankruptcy

Our expertise in the specialized arena of bankruptcy provides our client with an economical and timely management of the bankruptcy process.  We have assisted all constituencies of a bankruptcy proceeding.  Our experience includes:

 

·        Assisting secured creditors by providing information which protects their position and allows for the highest potential return.

·        Being named officers of companies in bankruptcy. 

·        Assisting debtors from the inception of filing a case through the confirmation of a plan.

·        Providing creditor committees with due diligence reviews of a debtor to assist them in voting on a plan and determining their ultimate returns.

 

 

Assignment for the Benefit of Creditors 

When the financial structure and history of a company determines that the ultimate resolution is a voluntary liquidation of assets, members of our firm have served as Assignees whereby the assets of the estate are transferred in trust to be liquidated and distributed to creditors.  We have acted in this capacity in a large cross section of industries and have achieved the highest return for creditors while successfully keeping the debtor out of formal bankruptcy court proceedings.  Additionally, we have served in the capacity of receiver designated by the mortgagee in real estate cases.

 

 

Collateral Evaluations/Business Reviews 

High Ridge Partners can tailor collateral evaluations and business reviews to address either specific or general concerns.  We examine internal systems and controls, as well as collateral.  By noting charge-offs, turnover, dilution, concentrations and seasonality of receivables, we can recommend appropriate advance rates.  Inventory is inspected to note obsolescence, build-ups, costing systems and variances.  Business plans can be reviewed and analyzed to understand the risk issues facing a business and aid in the structuring of loan covenants.

 

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We understand the time constraints of our clients.  Our clients receive personal and timely attention from our professionals.  Our years of experience help us to address our clients’ needs quickly and economically.  We ensure confidentiality and would be pleased to further discuss and review the services offered.

 

140 South Dearborn

Suite 420

Chicago, Illinois 60603

(312) 456-5636       Fax (312) 456-5630

 

 




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