About Steven Nerger

Over the past 36 years, I have consulted on the turnaround of numerous clients, ranging in size from $2 million to over $1.5 billion, in diverse industries such as: manufacturing and processing, distribution, service, general contracting, graphics arts/commercial printing, food and agriculture, retail, building products and home improvement, and construction among many others.

I have assisted clients by developing consensual corporate strategy plans with management, guiding analyses such as customer profitability and business viability, assisting with short and long-term cash management, preparing cash flow and financial projections, negotiating with senior lenders and vendors, and implementing detailed turnaround initiatives including pricing enhancements, expense reductions, and plant consolidations to create staying power for the business.

I have also been involved in numerous business sale transactions. In a number of transactions, I served as the investment banker conducting the sale effort and managing the sale process. In other transactions, I assisted third-party investment bankers.

In addition to my turnaround and business sale efforts, I have had significant experience with bankruptcy matters, including both reorganizations and § 363 sales. I have also managed numerous liquidations including serving as the assignee for the benefit of creditors for companies that have ranged in size from $5 million to over $125 million. I have served as the Chief Restructuring Officer, (“CRO”) for a number of companies and have also served as a court-appointed Receiver. Finally, I have served as a Chapter 11 trustee and oversaw the wind down and sale of over 150 locations of a building products and home improvement chain resulting in the pay down of over $250 million in debt.