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Nuclear Power Service Company
After 19 consecutive quarterly increases in income and earnings per share and a strong balance sheet, this company chose to expand and diversify through acquisition. Its revenues jumped from 50% million in two years, then earnings plummeted.  McShane Group advised senior management and the board's "Shareholder Enhancement Committee" to sustain liquidity through the sale of non-essential assets. McShane consultants negotiated with the banks and revised the debt structure to accommodate the changes.

We refocused the business to its original core and sold a subsidiary to a major US corporation in exchange for cash (which cured its liquidity problems) plus two entities whose operations were directly in line with the company's core business.  Sales dramatically increased with record operating income in the following fiscal year.