Title: Ridge Point Partners, LLC
1Ridge Point Partners, LLC
Ridge Point Partners specializes in offering a
wide range of services in response to the needs
of those involved with a troubled or
under-performing company.
2Ridge Point Partners, LLC
- Interim Turnaround Management Priorities
- Assessment of situation
- Develop and implement action plan
- Manage cash
3Ridge Point Partners, LLC
Interim Turnaround Management Outcomes
- Reorganization
- Sale / Controlled liquidation
- Wind down / liquidation
4Ridge Point Partners, LLC
Reorganization
- Provide capable management team to lead
through crisis - Develop effective cash management system
- Communicate with creditors
- Define implement new business model for a
stabilized company - Maximize return to all creditors constituents
5Ridge Point Partners, LLC
Sale Controlled Liquidations
- Sale and bidding procedures for 363 sales
- Preparation of sales memoranda due diligence
packages - Identify potential buyers/suitors
- Coordinating analyzing offers
- Assisting in negotiations providing orderly
transition
6Ridge Point Partners, LLC
Liquidations
- Develop effective wind down plan
- Develop wind down budget
- Liquidate remaining assets
7Ridge Point Partners, LLC
Advisory Services
- Advisory services are performed on behalf of
secured creditors, creditor committees and
company boards - Financial Review
- Operational Review
- Bankruptcy Support
8Ridge Point Partners, LLC
Financial Review
- Financial Control Procedures
- Credit Collection Policies/Procedures
- Financial Statements
- Cash Flows
- A/R Bad Debt Analysis
- Tax Regulatory Payment Status
- Business Plan Feasibility Assessment
9Ridge Point Partners, LLC
Operational Review
- Management Business Plan
- Competitive Landscape
- Sales Marketing
- Technology review
- Customer Service Support
- Business Process Controls
- Human Resources Staffing
10Ridge Point Partners, LLC
Bankruptcy Support
- Perform Preference Fraudulent Transfer
Reviews - Review Analysis of Debtors
Business/Finances - Review Analysis of Monthly Operating Reports
- Liquidation Feasibility Analyses
11Ridge Point Partners, LLC
Experience in Various Industries
- Technology
- Manufacturing/Distribution
- Business Services
- Telecommunications
- Insurance Financial Services
- Transportation/Logistics
- Government Contracting
- Construction/Engineering Services
12Ridge Point Partners, LLC
Assignments
- Chief Executive Officer
- Chief Restructuring Officer
- Chief Financial Officer
- Financial Consultants to Creditors Committee
- Consultants to Secured Creditor
- Consultant to Board of Directors
- Court Appointed Receiver
- Liquidation Trustee
13Ridge Point Partners, LLC
- Bryan L. Engle Founder of Asset Recovery
Services, Inc. - 1999 - President Managing Member
- 12 Years as a Turnaround Professional
- Charles L. Maskell Managing Director
- Raymond Maskell, - Managing Director
- Kenneth R. Seal Managing Director
- Ed Kelley Director
- Adam Kolodny Director
- Ellis Kirby Director
- Robert Goldstein Associate
- Michael Zuidema Associate
- Additional Consultants with various expertise
14Why Ridge Point Partners, LLC?
Experience with distressed and underperforming
companies in and out of bankruptcy Executive
management Financial and Operational
skills Industry expertise Results driven team
15Ridge Point Partners, LLC
3600 ODonnell Street, Suite 4 Baltimore,
Maryland 21224 410-276-2230 www.RidgePointPartners
.com Bryan L. Engle President (Cell)
443-939-6336