Our Service Offerings
HMG believes that the best way to prevent a crisis is to properly plan for it; therefore early intervention is often the key to quick and successful correction. If you have been noticing a slide in margin, up tick in expenses, operational issues or just not generating what you think your company should be generating – we may be just what the doctor ordered. Our team has the ability to focus on working capital, supply chain, and operational management – and work side by side with your existing team to make them more efficient as well.
Our team members have extensive experience in finance, manufacturing and distribution, and can bring that experience to your group on a focused and temporary basis, leaving you with tools that you will continue to use long after we are gone.
For over thirty years, our approach and success has earned far-reaching respect for our abilities to work with troubled or under-performing companies. In these most urgent situations, it is important to work quickly with management to stabilize finances and improve operations to preserve value. We take into consideration both short and long-term views, and our efforts are to aggressively protect ownership interest within the law, and to improve results for the benefit of all stakeholders. While all companies and situations are unique, most of our projects contain one or more of the following services:
During transitional times, businesses require hands-on experienced leadership. By nature, this support is on an interim basis to assist the company through whatever challenge lies ahead. Whether the need is driven through a special circumstance or while you search for a replacement candidate, we help companies through a smooth transitional process, transfer knowledge to existing or new employees, and help build a foundation for continued success. Some of our projects have included some of these interim roles:
Hollis Meddings Group can provide end-to-end case management in the event of insolvency. In some instances, ownership may want to have continued involvement, more control and less expense than a Bankruptcy or Receivership. HMG has extensive experience in this area, and was 1 of 33 handpicked Receivers across the country that contracted with the SBA.
We routinely run a similar but less expensive procedure called an Assignment for the Benefit of Creditors (“ABC"). An ABC runs by the same rules and preferences that are found in a Bankruptcy case, but for exceptionally less money. This process is especially effective in situations where there may be substantial returns to unsecured creditors. In this process, we perform the following tasks: