366. Kyle Sturgeon on turnarounds, bankruptcy, and restructuring

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By Will Bachman. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

Kyle Sturgeon, an alum of Alvarez & Marsal and McKinsey, is a Managing Partner and Co-Founder of MERU.

He has led complex transformations and restructurings for companies across industries, with a focus in retail and consumer, healthcare, and materials.

Today we discuss what’s involved with guiding a company through bankruptcy or restructuring. To find out more about Kyle’s company visit: wearemeru.com.

Key points include:

00:58: The birth of Meru

04:32: Shutting down a $200,000 company

10:22: How to sell off inventory

17:06: How Kyle’s business model works

21:34: A restructuring project

22:47: The Tough Mudder case study

31:52: Orientation towards cash

41:30: The growth of Meru

Unleashed is produced by Umbrex, which has a mission of connecting independent management consultants with one another, creating opportunities for members to meet, build relationships, and share lessons learned. Learn more at: www.umbrex.com

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