Complex supply-chain turnarounds and margin recovery
Anchor: Hargrove Industrials
Regulatory-compliant cost restructuring and M&A prep
Anchor: Novus Health Systems
Omnichannel optimization and portfolio rationalization
Anchor: Caldwell Retail Group
Asset-quality improvement and operational de-risking
Anchor: Meridian Capital Partners
Project-level performance recovery and contract renegotiation
Anchor: Redstone Energy Services
Midwest auto-parts manufacturer, $380M revenue, 14-week EBITDA recovery of $22M.
European packaging distributor, $520M revenue, covenant breach cure in 11 weeks, $18M working-capital release.
Healthcare services provider, $290M revenue, lender standstill negotiated, operational turnaround yielding $31M EBITDA improvement.
Hargrove Industrials — Cost Structure Transformation
Leadership alignment sessions, culture-delta mapping, unified value framework
Timeline: Weeks 1–8
ERP consolidation roadmap, data-quality baseline, integration testing protocols
Timeline: Weeks 4–20
Customer-retention playbook, contract harmonization, go-to-market unification
Timeline: Weeks 2–16
Synergy-tracking dashboard, accountability framework, rapid-win identification
Timeline: Weeks 6–52
2–4 weeks
Situation assessment, stakeholder mapping, cash-flow stabilization plan
4–8 weeks
Covenant management, supplier engagement, liquidity protection
6–12 weeks
Operating model redesign, margin improvement initiatives
Ongoing
Implementation oversight, weekly governance, performance tracking
Final phase
Knowledge transfer, embedded capability, ongoing support framework
14-week rapid diagnostic identified $61M in addressable cost; lender engagement secured 6-month covenant holiday.
6-month implementation: facility consolidation (7→4), procurement optimization, workforce right-sizing via natural attrition only.
EBITDA run-rate recovery for Hargrove Industrials within 8 months of engagement start.
Former McKinsey Principal, Restructuring & Recovery; 22 years turnaround experience
Coverage: Industrial, Retail
Former Alvarez & Marsal MD; 18 years covenant management and lender negotiations
Coverage: Financial Services, Healthcare
Former Deloitte Consulting Partner; 16 years supply-chain optimization and margin improvement
Coverage: Manufacturing, Energy
Former EY Partner, Transaction Advisory; 14 years financial restructuring and capital markets
Coverage: All Sectors
Former Bain Principal, M&A practice; 12 years post-merger integration and synergy capture
Coverage: Retail, Consumer, Healthcare
Former PwC Director, Program Management; 10 years governance frameworks and execution oversight
Coverage: All Engagements
"Sable had no prior relationship with our bank, our auditors, or our board — that independence was exactly what the situation demanded."
— Thomas Acheampong, CEO, Hargrove Industrials
We maintain no audit, tax, or advisory relationships that would compromise independence during a restructuring engagement.
We work exclusively for company management and boards — never for lenders, suppliers, or competitors.
All engagement work-product and intellectual property transfers to the client upon completion; no retained ownership or licensing.
| Engagement Type | Fee Structure | Duration | Team Size | Governance Cadence |
|---|---|---|---|---|
| Rapid Diagnostic | $95K – $140K fixed | 2–4 weeks | 3–5 professionals | Weekly steering |
| Retainer-led Engagement | $180K – $280K/month | 3–12 months | 4–8 professionals | Bi-weekly board updates |
| Success-fee Hybrid | Base + 8% of value created | 6–18 months | 5–10 professionals | Monthly governance |
| M&A Integration | $220K – $360K/month | 4–14 months | 6–12 professionals | Weekly IMO meetings |
IP Ownership: All models, frameworks, and deliverables transfer to client upon final payment. Sable retains the right to anonymized case-study reference with client approval.
Led by James Whitmore, Managing Partner. The output is a written situation summary and a proposed workstream with an indicative fee range. No obligation beyond the call.
Companies that delay engaging a restructuring advisor for 90+ days after a covenant breach face a 34% higher probability of a distressed-asset sale.
Source: Sable Research, 2019–2024 engagement data (n=127)
Contact
j.whitmore@sableadvisory.com