Summary: TMA Turnaround of the Year 2019 Award

This is a summary version of the award winning turnaround Click here and read a detailed outline of the actions taken by Turning Point Management Advisors Situation The Company is a steel casting supplier to a large industrial customer base and was a PE Firm orphan with no possibility of cash infusion. [...]

TMA Turnaround of the Year 2019 Award – Turning Point Management Advisors

This Mid-Sized Steel Casting producer located in southern Iowa was (and still is) one of the country’s oldest continuously operating steel casting companies. The Company was founded in 1909. It originally served the farm equipment, mining, crane equipment and chain belt industries and was formerly located in the Milwaukee, WI area. In the early [...]

Summary: TMA Turnaround of the Year 2014 Award

This is a summary version of the award winning turnaround Click here and read a detailed outline of the actions taken by Turning Point Management Advisors Situation The Company is a privately held aluminum foundry located in north central Ohio and is a low to medium volume, sand and permanent mold jobbing [...]

TMA 2014 Transaction of the Year Winner – Turning Point Management Advisors

Situation The Company (or “MC”) is a privately held aluminum foundry located in north central Ohio. The Company's manufacturing and office facilities are situated on 13 acres of land.  MC is a low to medium volume, sand and permanent mold jobbing foundry that manufactures aluminum cast products and provides a variety of after-cast services [...]

Summary: TMA Turnaround of the Year 2012 Award

This is a summary version of the award winning turnaround Click here and read a detailed outline of the actions taken by Turning Point Management Advisors Situation A Family investment firm in the greater Midwest area invested in two trailer manufacturing companies and merged them together. The merged company had significant losses [...]

TMA Turnaround of the Year 2012 Award – Turning Point Management Advisors

Situation The Company, a newly formed Company in mid-2010, builds bulk material transportation equipment primarily for the over-the-road tank and trailer industry.  It is owned by a family-owned investment firm focused on building a portfolio of growth oriented, privately held companies throughout the local region. The Company was formed through a merger of two [...]