Baker Tilly Capital successfully provided financial advisory and turnaround consulting to Tiziani Golf Car Corporation, a full service Club Car Distributor offering a wide product range and service for off road and turf transportation needs in Wisconsin and Minnesota.
By collaborating with Walter Simson at Ventor, LLC, who serves middle market companies in turnaround services, Baker Tilly was able to add creative insight and combine a broad array of investment banking services to facilitate the overall operating turnaround. Services included:
- Debt negotiation
- Operational restructuring
"Our family has had a long-time passive investment in a golf cart company. When operations continued to struggle at the dealership we took action by engaging the turnaround services of Ventor, LLC. Walter diagnosed the operating and financial situation quickly, constructed an operational plan containing specific actions steps with timeframes. He then quarterbacked astute negotiations with the company's lenders providing the company with the opportunity to execute the plan. With the involvement of Baker Tilly and Walter's continued oversight the company has shown a dramatic turnaround resulting in increased profitability and decreased leverage. Hardworking, detail-oriented and very persistent, Ventor is highly recommended." – Dean Statz, Tiziani Golf Car Corporation of DeForest