by David Johnson | Oct 17, 2017 | Restructuring, Turnaround
Abraxas Group Founding Partner David Johnson, serving in the role of Interim Chief Operating Officer, led the successful turnaround and restructuring of a Chicago-area Behavioral Healthcare Company active in adolescent residential treatment, adoption, clinical...
by David Johnson | Oct 14, 2017 | Restructuring
The challenges that retailers have faced in the past few years have been nearly biblical in size and scope. • The unstoppable rise of ecommerce, driven by voracious competitor Amazon, has siphoned revenue growth from competitors great and small, and forced every...
by David Johnson | Nov 28, 2016 | Strategy, Turnaround
For years, Burger King was the sick man of the quick service restaurant industry. A perennial laggard to McDonald’s in scale, the company was also widely seen as hamstrung by poor execution, a revolving door of leadership (Joe Nocera noted in 2012 that the company...
by David Johnson | Oct 25, 2016 | Finance, Government, Restructuring
“…now I’m a spent firework; but at least I’ve been a firework.” David Mitchell, Cloud Atlas Lenders Can Only Watch as Covenant-Lite Debt Strips Influence (Bloomberg, Reuters Breakingviews): Yield hungry investors are accepting minimal creditor...
by David Johnson | Oct 1, 2016 | Restructuring, Strategy
The apparel based retailer sector has recently seen a considerable amount of restructuring activity as multiple waves of disruption have pressured the business models of legacy retailers. Declining foot traffic at malls has been a significant headwind, as retailers...
