Restructuring

One of our core competencies is the rehabilitation and turnaround of struggling businesses.
Our restructuring track record includes acquisition of foreclosed assets and companies, financial workout, strategic re-design, operational turnaround and successful exit.

In real-estate we specialize in the recovery of foreclosed assets acquired from banks, their extensive replanning, rezoning and re-designation and consequent successful new offering to market.

Some of our turnaround success stories include:

Portsmouth Sports Club

Acquired from administration in 2009, stabilized and turned around, eventually sold to a Russian banking group.

GPM Convenience Stores and Gas Stops

Turnaround of company acquired under Chapter 11 in 2005, stabilization and expansion into a 350-store chain.

Nahariya Real Estate Project

Featuring 300 units acquired under administration. Re-designated from hotel use to housing, currently in execution.

Shahaf Towers Ashdod

Construction of 150 units, redesignated from senior citizen residences to housing, successfullty completed and sold in 2009.

Tadiran-Ampa

Aggressive restructuring of struggling services and sales group during 2008-2009.
Turnaround through executive hands-on management, and eventual shut-down of the service arm. The service customer portfolio was sold to the Crystal Group and merged to create the field`s market leader.

Nechustan Investments, Tadiran Appliances

Both firms in the manufacturing and services industries, were acquired in a state of financial distress, restructured financially, strategically and organizationally, turned around to attract international brands and investors, and sold.