Turnaround & Restructuring

Turnaround management, financial restructuring, and stakeholder advisory for middle-market companies and their lenders, creditors, investors, and other stakeholders. Our professionals help organizations stabilize performance, preserve value, and navigate periods of stress, transition, and Chapter 11.

Getzler Henrich is now the Turnaround & Restructuring practice of Hilco Global Professional Services.
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Overview

The Turnaround & Restructuring practice of Hilco Global Professional Services advises companies and their stakeholders through operational and financial challenges. We work with management teams, boards, lenders, creditors, investors, and other constituents to assess the situation, establish control of liquidity, develop practical business and restructuring plans, and lead execution.

Our professionals serve in advisory, interim management, fiduciary, and court-appointed roles. Depending on the situation, our work may include operational turnaround and performance improvement, cash flow forecasting and liquidity management, lender and creditor negotiations, contingency planning, distressed transactions, Chapter 11 support, and orderly wind-downs.

As part of Hilco Global, the practice can draw on integrated capabilities across valuation, asset monetization, capital solutions, and real estate. This broader perspective helps teams evaluate available paths, understand asset and market considerations, and coordinate specialized support as the situation evolves.

  • 55+ Years of practice history*
  • 45 Restructuring professionals
  • 10 Industry sectors served
  • 1000+ Companies restructured
Services

From stabilization to resolution

The practice provides operational, financial, and stakeholder advisory services tailored to the circumstances, objectives, and stage of each situation.

Turnaround Management & Performance Improvement
  • Operational turnaround leadership
  • Business plan assessment
  • Liquidity & cash management
  • Vendor & supply chain stabilization
  • Performance improvement
Interim & Fiduciary Leadership
  • Chief Restructuring Officer services
  • Interim CEO / CFO / COO roles
  • Court-appointed and fiduciary roles
  • Wind-down management
Financial Restructuring & Liquidity Advisory
  • 13-week cash flow forecasting
  • Lender negotiations
  • Covenant & forbearance advisory
  • Contingency planning
  • Solvency analysis
Creditor, Transaction, & Litigation Support
  • Creditor & committee advisory
  • Chapter 11 & §363 support
  • Distressed M&A advisory
  • Expert testimony
  • Litigation support
Industries

Sector depth across multiple industries

Our professionals combine turnaround and restructuring experience with industry knowledge to address the operating, financial, and stakeholder issues specific to each situation.

Automotive

Advisory and interim leadership for manufacturers, suppliers, and dealers addressing demand shifts, cost pressures, operational challenges, and changes across the automotive supply chain.

Education

Advisory to colleges, universities, boards, lenders, and bondholders involving stabilization, strategic alternatives, combinations, teach-outs, and wind-downs.

Healthcare

Operational and financial advisory across healthcare services, including acute care, physician practices, behavioral health, senior living, and home health.

Retail

Turnaround, restructuring, and strategic transition support for retailers and consumer-facing businesses, informed by broader Hilco Global retail and asset expertise.

Real Estate & Hospitality

Advisory and interim leadership for owners, operators, developers, lenders, and investors addressing stressed real estate and hospitality situations.

Transportation & Logistics

Operational and financial advisory for carriers, logistics providers, and supply chain businesses facing cost pressures, demand volatility, and liquidity constraints.

Consumer Products

Support for brands, manufacturers, and distributors navigating margin pressure, channel disruption, changing demand, and ownership transitions.

Business Services

Turnaround and restructuring support for service businesses addressing performance challenges, liquidity needs, and changes in ownership or strategy.

Security & Alarm

Advisory for operators and investors in the security and alarm monitoring sector, including performance improvement, restructuring, and transaction-related situations.

Food & Beverage

Operational and financial advisory for producers, distributors, and related businesses navigating consolidation, cost pressure, demand shifts, and liquidity challenges.

Why the Turnaround & Restructuring Practice

Middle-market depth, full-platform reach

Middle-market focus

Experienced teams structured for the pace, complexity, and practical requirements of middle-market situations.

Experienced operators

Professionals who advise management teams and stakeholders and can step into CRO, interim executive, fiduciary, or court-appointed roles when required.

Perspectives across stakeholders

Experience advising companies, lenders, creditors, investors, and committees supports a practical understanding of competing priorities and possible paths forward.

Industry knowledge

Professionals bring operating and restructuring experience across industries affected by disruption, liquidity pressure, and transition.

Integrated Hilco Global capabilities

Access to valuation, asset monetization, capital solutions, and real estate capabilities can provide additional perspective and specialized support.

Broader organizational reach

Hilco Global is a subsidiary of ORIX Corporation USA, combining specialized expertise with the reach of a global financial services organization.

Connect With Us
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Andrew Hede 1 2 CS Web

Andrew Hede

Vice Chairman Turnaround & Restructuring Professional Services
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ahede@hilcoglobal.com phone vcard linkedin
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Hilco 5 1 23

David R. Campbell

Executive Director Turnaround & Restructuring Professional Services
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dcampbell@getzlerhenrich.com phone vcard linkedin
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Gorin

Robert Gorin

Executive Director and Practice Co-Leader Turnaround & Restructuring Professional Services
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rgorin@getzlerhenrich.com phone vcard linkedin
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Hilco.Joel .Getzler

Joel I. Getzler

Chairman & Senior Advisor Turnaround & Restructuring Professional Services
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jgetzler@getzlerhenrich.com phone vcard linkedin
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Hilco Getzler Henrich Bill.Henrich

William H. Henrich

Senior Advisor and Past Co-Chairman Turnaround & Restructuring Professional Services
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whenrich@getzlerhenrich.com phone vcard linkedin

Discuss a situation with the practice

If your company — or a company in your portfolio — is facing stress or transition, the practice can provide a confidential, experience-based perspective on the path forward.