Performance Improvement
at Accordion
Unlike Restructuring Firms: A New Approach to Performance Improvement
“At Accordion, we specifically work with private equity sponsors at portfolio companies in the office of the CFO. So our advantage in the Performance Improvement space is that we approach things from a private equity situation, not necessarily a bankruptcy or restructuring perspective.” – Rishi Jain, Managing Director & Head of Western Region
Q&A with Rishi Jain and Brandon Beal
Prior to joining Accordion, Rishi Jain and Brandon Beal worked in corporate restructuring at Alvarez & Marsal and FTI Consulting, respectively. Today, they're building out the Performance Improvement practice at Accordion. Learn about their approach.
Watch VideoA turning cycle. A growing practice.
As the cycle turns, and credit issues and problems in the macro environment arise, we foresee an influx of performance improvement situations. But at Accordion, we see performance improvement as an extension of what we’ve been doing all along – building budgets, producing 13-week cash flows – and in this case, helping our clients avoid bankruptcies, avoid restructurings, and avoid forbearance negotiations.
“We really understand the nuisances involved in a restructuring, and when you combine that with our deep understanding of working with PE-held companies, it makes for a pretty powerful combination.”
- 13-Week Cash Flow Forecasting
- Margin Expansion Initiatives
- EBITDA Enhancement
- Working Capital Improvement
Additional Services
- Cost Optimization
- Inventory Acceleration
- Liquidity Enhancement
- Operation Utilization Improvement
- SKU Rationalization
- Zero Based Budgeting
