Test fast, fail fast, adjust fast; nurture and enhance!

Specifically designed to address all the requirements of the turnaround and rescue procedures of businesses-in-distress, Pytheas provides professional and technical advice in structuring turnaround deals. This encompasses advising on complex areas of finance and law, implementing the turnaround deals and process, introducing new finance and enhancing this process with management skills and support.

Our specialists are first and foremost businesspersons experienced in managing troubled companies in various stages of distress. In critical situations, we concentrate on stabilizing the situation that is threatening the immediate survival of the business, i.e., negative cashflow or a calling of the loan by a creditor. Simultaneously, we will perform a business viability analysis and begin to prepare either a recovery or orderly liquidation plan.

Along with our experts in the Capital Raising and Strategic Advisory divisions we provide realistic financial and investment solutions with experienced hands-on management to implement viable and pragmatic rescue plans.

In most instances, we will assume the role of CEO, CFO or GM for a period of time and guide the company through the recovery and growth process. As the management of troubled businesses have often lost much of their credibility with lenders, suppliers, employees, customers, professionals, non-active shareholders and the community at large, retaining Pytheas is often the first sign to these constituencies that the company is taking positive steps toward both a recovery and in rebuilding damaged relationships. Pytheas serves as liaison or intermediary with the outside constituencies and presents bad news as a preamble to a plan of recovery. Pytheas functions as the business’ temporary nerve center employing its own credibility and becoming an advocate of the Plan.

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Did you know?

that 1 recycled tin would save enough energy to power a television for 3 hours; 1 recycled glass bottle would save enough energy to power a computer for 25 minutes; 1 recycled plastic bottle would save enough energy to power a 60-watt light bulb for 3 hours?

that the Boeotian Hesiod about 3000 years ago theorized on the entrepreneurship typical of the market (an early laissez-faire), identifying the effects of government debasement of the coinage, which causes a decrease in its purchasing power (think Adam Smith, Keynes and post Keynes), arguing about the importance of competition and the importance of justice and the law in order to foster order and harmony in society?

that recycling 1 ton of paper saves 17 mature trees, 7,000 gallons of water, 3 cubic yards of landfill space, 2 barrels of oil, and 4000 kilowatt hours of electricity; this is enough energy to power the average North American home for 5 months?

that annually, the amount of garbage that is dumped in the world’s oceans is three times the weight of fish that is caught from the oceans?

that of all the restaurants that are opened, 90% of them fail in the first year and of the remaining ones that survive, 90% of those fail in the second year?

that Pytheas has presence in 41 countries?

that in a lifetime the average European or North American will discard more than 600 times his or her adult weight in garbage and about a ton of trash per person per year?

that Pytheas through its Soil Water + Life Solutions is probably the only entity world wide that can provide a-no-chimney-no-landfill-solution for the treatment of municipal solid and liquid waste?

that every year, Americans buy more than 100 million cell phones, yet fewer than 20% of old cell phones are recycled and that recycling just a million cell phones reduces greenhouse gas emissions equal to removing 1,368 cars off the road for a full year?

that the revenue that is generated from gambling is more than the revenue derived from movies, cruse ships, recorded music, theme parks and spectator sports combined?

Contact a Pytheas professional