Restructuring & Turnaround Advisory

Protecting Assets.
Restoring Businesses
to Health.

Senior advisory for lenders, PE sponsors, boards, and creditor constituents navigating financial distress in the middle market.

PProtect
RRestore
HHealth

The PRH Model

A different structure.
Identical incentives.

PRH seeks mandates where executive leadership is intact and the business is fundamentally sound. The problem, almost always, is the balance sheet.

In those situations, PRH will co-invest fees alongside management. Our financial outcome is only realized after the business exits. That alignment is not incidental. It is the model.

Something new: the crisis management mandate of a CRO with the equity alignment of an operating partner.

Traditional Firm
PRH Advisory
Monthly Retainer
Full market rate
Monthly Retainer
Reduced. Cash stays in the business.
Success Fee
Cash at close
Success Fee
Equity participation. Paid at exit.
CRO Incentive
Complete the engagement
CRO Incentive
Maximize equity value at exit
Cash Out of Business
Significant. Regardless of outcome.
Cash Out of Business
Minimized. Success deferred to exit.

PRH Advisory, LLC  ·  Services

Deployed Across the
Full Distress Cycle.

Every engagement is led personally. Senior judgment on day one, accountable for the outcome through close.

CRO AdvisoryChief Restructuring Officer & Interim Executive
Middle MarketLenders · PE Sponsors · Boards · Creditors
$40M – $400MTarget Enterprise Value
Service Lines
Chief Restructuring Officer
Retained as CRO with full operational and financial authority. Accountable to the board and lenders for stabilization, value preservation, and execution of the restructuring plan. Structured as an officer role. D&O insurance applies. The decisions are made and owned.
Interim Management
Deployed as CEO, CFO, or other C-suite executive in distressed situations requiring experienced interim leadership. Creates a stabilization roadmap and manages the transition to permanent leadership.
Creditor Advisory
Independent advisor to secured lenders, ad hoc creditor groups, and PE sponsors. Financial analysis, scenario modeling, and negotiation support. Assessing all available remedies to maximize recovery.
Financial Advisory
Independent financial analysis, 13-week cash flow modeling, liquidity management, business plan development, and stakeholder negotiation support for companies navigating financial stress.
Chapter 11 Advisory
Debtor and creditor advisory across Chapter 11 proceedings. First-day operations, stakeholder negotiations, plan development, and emergence execution.
SubChapter V Advisory
Debtor advisory for eligible small businesses pursuing SubChapter V reorganization. A streamlined alternative to traditional Chapter 11 with a faster path to a confirmed plan.
UCC Article 9 Foreclosure
Advisory and representative services for secured lenders pursuing Article 9 foreclosure as an efficient path to asset recovery outside of formal bankruptcy proceedings.
Independent Board Director
Retained as independent director to provide restructuring expertise, fiduciary oversight, and credibility with creditor constituents during periods of acute financial stress or ownership transition.
Sector Coverage
Retail & Consumer
Technology & SaaS
Media & Entertainment
Energy & Utilities
Healthcare Services
Aerospace & Defense
Semiconductors & Advanced Manufacturing
Industrials

Get in Touch

The right situation is worth
a conversation.

All inquiries handled confidentially.