Welcome to Promontory Point Partners – Turnaround Consulting Firm
Today’s fast-paced and ever-changing business environment presents challenges that are often hard to overcome without help. Market shifts, changes in technology, ownership or leadership changes, over-expansion and global competition can all lead to cash shortfalls, inability to meet financial obligations and ultimately a financial crisis.
Promontory Point Partners, LLC specializes in helping middle-market companies improve their financial performance for the long term. We understand that every business is different; consequently we never use a template that is recycled engagement after engagement. At a minimum, one Partner will be personally involved in each engagement on a full-time basis to ensure the best possible opportunity for success. Experience in distressed situations is critical, as is a hands-on approach which we take to every engagement. Our professional staff is hand-picked and differs from that of other firms in that each of our employees has actually operated a successful business. We focus on the details, implementation of an executable plan, making timely decisions, and communication.
We are equity oriented. While many consultants involved with underperforming companies focus on returning the company to a “stable” position with their creditors, we focus on creating true equity value. The skill sets required to create real equity value are dramatically different than those required to stabilize the situation and get the creditors out whole. With a concentration on long-term, sustainable profitability improvement, we create tremendous amounts of equity value for shareholders, which by definition, means that the creditors are not impaired. In the end, a company must restructure more than its balance sheet to achieve true long-term success.
If you think your business might need help, chances are it does. The sooner you take action with a professional Turnaround Consulting firm, the better the results will be. Promontory Point Partners, LLC is the right choice when you don’t know where to turn.
Promontory Point Partners
Jeff VogelsangManaging Partner
Leading middle market companies on strategic initiatives, profitability improvements, capital structure, mergers and acquisitions and operational performance.
Has an outstanding track record of improving profitability through sales growth, strategy development, cost controls & reductions, and operational change.
Tim WrightSenior Manager
Extensive skill base that includes ERP system implementations, inventory management, cash flow modeling, budgeting, production planning and forecasting.
Promontory Point Capital
William T. PenkwitzPartner
Advises companies on alternative financing strategies and developing growth and liquidity strategies for business owners.
Christopher G. Riegg, CFA, CPAPartner
Focuses on advising privately-held companies on financing strategies and executing various types of growth and M&A initiatives.
Michael L. Burmesch, CPASenior Associate
Supports client engagements through in-depth financial modeling, market research, and other activities.
Prepares financial analyses, conducting of market and industry research, and a variety of other activities to help PPC’s clients meet their strategic and financial goals.
PPC – Recently Completed Deals