#USA #New York #J.S. Held #Strategic Advisory #Turnaround Expert

J.S. Held's Turnaround Expertise Recognized in National Awards

J.S. Held, a leading global consulting firm, has garnered national attention for its extraordinary turnaround capabilities, as highlighted by two renowned industry publications—ABF Journal and Turnarounds & Workouts. Their recent achievements are a testament to the firm's robust Strategic Advisory platform and the unwavering dedication of its team.

The firm operates with a formidable army of over 80 specialists who possess extensive operational and financial prowess. This has been further enhanced through the strategic integration of respected firms such as Phoenix Management, Stapleton Group, and MorrisAnderson. Together, these teams not only enhance J.S. Held’s reputation but also solidify its standing as a prominent advisor within the turnaround and restructuring arena.

ABF Journal has featured J.S. Held in its inaugural Power Players issue, placing the firm within the “Activators” category. This accolade acknowledges the invaluable guidance the firm provides to lenders in the midst of increasing complexities. Additionally, J.S. Held has been recognized in the “Revitalizers” category for its adept management in transforming distressed companies into stable entities amid fluctuating market conditions. Stephanie Giammarco, the Senior Executive Vice President, emphasized the firm's role in helping clients navigate their crises while also facilitating growth beyond such challenges. She remarked, “Our team not only manages moments of crisis but also accelerates growth, uniquely positioning us to tackle complex challenges and unlock true value for enterprises.”

The recognition from Turnarounds & Workouts was equally notable, naming J.S. Held as one of the Outstanding Turnaround Firms for 2025. Michael Jacoby, Senior Managing Director and Strategic Advisory Practice Lead, acknowledged the importance of their role in assisting clients with navigating through complex distress situations, focusing on practicality and hands-on execution that yield lasting changes. “We are honored by the trust placed in us by lenders, investors, attorneys, and management teams during transitional phases,” he added.

Turnaround and Restructuring Expertise

Navigating the turbulent waters of transition is no small feat, and J.S. Held adopts an operationally focused strategy that transcends mere balance sheets. Their approach minimizes further degradation of companies in distress while establishing pathways to sustainable growth.

Key Areas of Operation:

1. Receiverships: In cases of financial distress, J.S. Held operates under the authority of federal and state courts, appointed to stabilize businesses and recover financial aspects thoroughly while protecting key assets.

2. Executive Leadership and Interim Management: With a team well-versed in guiding organizations through various phases, from growth to distress, J.S. Held partners with relevant stakeholders to provide strategic direction, ensuring enhanced performance.

3. Capital Markets Advisory: Tailored services are offered to clients seeking financing strategies amid complexity, focusing on delivering customized solutions depending on individual client requirements, especially concerning funding or rescue financing.

4. Investigations and Litigation Support: The integration of forensic accounting and consulting ensures clients receive expert guidance in recovering losses in distress situations, making their litigation process more effective.

Featured Engagements

J.S. Held's recent high-impact engagements highlight its capability to tackle significant challenges. For instance, they acted as the Chief Restructuring Officer for a major U.S. metallurgical coal producer post-catastrophic failure, leading them through Chapter 11 and successfully preserving 400 jobs while addressing extensive financial claims.

In another unique case, the firm served as a Liquidation Trustee for a publicly traded wine conglomerate post-Chapter 11 bankruptcy while managing a substantial claims portfolio worth over $3.8 billion.

Additionally, the firm was appointed as Receiver for an Arizona lender embroiled in fraud, effectively leading investigations that resulted in significant financial recovery for defrauded investors. Their expertise further extends to acting as Interim Chief Transformation Officers in various firms, driving reforms aimed at sustainable operations and growth amid systemic declines in revenues.

In conclusion, J.S. Held represents a powerhouse in the consulting world, especially in the turnaround sector. Their unique blend of strategic insight and operational prowess equips them to address the multifaceted challenges their clients face. As they continue to grow through valuable partnerships and industry recognition, their commitment to delivering practical solutions remains steadfast, promising lasting impacts in the business sector.