What CR3 Partners, LLC does

CR3 Partners, LLC is a Dallas-headquartered management consulting firm founded in 2016 as the third iteration of a turnaround advisory brand lineage that traces back to Corporate Revitalization Partners (2001), which became CRG Partners (2007) and Deloitte CRG (2012). The firm provides eight integrated service lines — Assessments, Restructuring & Turnaround, Interim Management, Performance Improvement, Bankruptcy Advisory, Litigation Support, Creditor Advisory, and Fiduciary Services — to U.S. middle-market companies facing transition, stress, or distress. Engagements span 13+ industry verticals including Industrials, Retail, Healthcare, Energy/Oil & Gas, Restaurants, Transportation & Logistics, Agriculture, Automotive, and Consumer Products, with named engagements involving $50M–$300M revenue companies such as Coach USA, Buca di Beppo, a $300MM tree-based fruit cooperative, and a $200MM frozen vegetable processor. The firm operates from nine U.S. offices (Dallas, New York, Los Angeles, Houston, Chicago, Atlanta, Richmond, Boston, Charlotte) with a roster of roughly 51–62 professionals including 14 named partners and a COO.

The business model is a partner-led professional services firm; revenue is generated through advisory retainers and interim executive placements (CRO, CEO, CFO, COO, Controller), priced via fixed-fee business assessments (typically 3–4 week time-boxed engagements) and scope-based consulting quotes. GTM motion is sales-led and referral-driven, sourced from lenders, private equity sponsors, boards, and management teams. The firm does not disclose proprietary technology platforms; its value proposition rests on the operational experience of former C-suite executives who serve on the front line from initial discussion through engagement completion. In May 2026, Oliver Wyman (a Marsh & McLennan business) announced an agreement to acquire CR3 Partners, with the transaction expected to close in Q2 2026, bringing the entire 62-person professional team into Oliver Wyman's restructuring and crisis response practice.

Name

CR3 Partners, LLC

Legal name

CR3 Partners, LLC

Website

https://cr3partners.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

11–50 employees

Short description

CR3 Partners is a Dallas-based turnaround and restructuring consulting firm founded in 2016 that delivers advisory, interim management, and bankruptcy services to U.S. middle-market companies across 13+ industry verticals, operating from nine offices with approximately 62 professionals.

Ownership category

akta.pro rank

Headquarters

HQ city

Il Chiaro

HQ country

Italy

HQ region

Europe

Offices9 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Professional Services - Advisory: Revenue generated through advisory engagements to management teams, boards, lenders, and stakeholders in restructuring, turnaround, and performance improvement situations. Services include assessments, financial advisory, and consulting.
2. Interim Management Services: Providing interim executives (CRO, CEO, CFO, COO) to distressed companies. Partners are on the front line from first discussion through completion.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

CR3 Partners is a national management consulting firm that delivers turnaround, restructuring, and performance improvement advisory services to middle-market companies facing transition, stress, or distress. Core offerings include business assessments, restructuring and turnaround consulting, interim executive placement (CRO, CEO, CFO, COO), performance improvement, bankruptcy advisory, litigation support, creditor advisory, and fiduciary/wind-down services. Engagements are led directly by partners who provide hands-on advisory and interim management to stabilize liquidity, improve operations, and execute restructurings or Chapter 11 proceedings.

Product overview

CR3 Partners is a national management consulting firm offering professional advisory services for companies facing transition, stress, or distress. The firm provides eight integrated service offerings: Assessments (business evaluation and roadmaps), Restructuring & Turnaround (financial and operational restructuring), Interim Management (CRO and executive placement services), Performance Improvement (operational enhancements), Bankruptcy Advisory (Chapter 11 guidance), Litigation Support (expert witness and damages analysis), Creditor Advisory (committee financial advisory), and Fiduciary Services (wind-down and asset monetization). These services are delivered through a team of experienced turnaround professionals who serve as advisors and interim executives across multiple U.S. offices.

Differentiator

Problem solved

Functional benefit

Products and services

• Assessments Business assessment services providing meaningful and actionable insights on a company's historical performance and a roadmap of future performance that accounts for risks and opportunities to its business plan. Typical engagements last three to four weeks and are priced on a fixed-fee basis.
• Restructuring & Turnaround
• Interim Management
• Performance Improvement
• Bankruptcy Advisory
• Litigation Support
• Creditor Advisory
• Fiduciary Services

Quantifiable outcome

• EBITDA improved from -$7MM to +$5MM for frozen vegetable processor, projected $21MM for full year
• +4 more outcomes

Named customers8 records

Segments14 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Oliver Wyman (Marsh & McLennan)coreStrategic or Co-development Partner · 4 May 2026Oliver Wyman, a global management consulting firm and business of Marsh, agreed to acquire CR3 Partners. The acquisition will bring 62 professionals from CR3 Partners into Oliver Wyman's operations across multiple cities, deepening capabilities in restructuring, liquidity management, operational improvement, and crisis response. The transaction is expected to close later in Q2 2026.

Scale indicators5 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Protiviti: Global consulting firm (Robert Half subsidiary) with a dedicated restructuring and reorganization practice. Overlaps with CR3 on performance improvement, internal restructuring, and interim management.
• FTI Consulting: Public global advisory firm with a large restructuring and turnaround segment. Overlaps directly with CR3 on bankruptcy advisory, creditor advisory, and interim management work, though with a much larger international footprint.
• Riveron: National advisory firm formed by the combination of Conway MacKenzie and other boutique consultancies. Directly comparable middle-market turnaround and restructuring platform.
• MorrisAnderson: Mid-market-focused turnaround and restructuring consulting firm. One of the closest peer matches to CR3 in size, vertical mix, and middle-market CRO/interim management focus.
• Ankura Consulting: Global advisory firm with a strong restructuring practice, formed via roll-up of several boutique turnaround firms. Directly competes for middle-market restructuring, fiduciary, and expert witness engagements.
• AlixPartners: Global consulting firm specializing in restructuring, performance improvement, and turnaround. Competes directly with CR3 on middle-market distressed mandates and interim executive placements (CRO, CFO).
• Huron Consulting Group: Public professional services firm with a restructuring and turnaround practice serving both middle-market and enterprise clients. Comparable to CR3 in its focus on performance improvement and interim management.
• Alvarez & Marsal: Global professional services firm widely regarded as the leader in turnaround, restructuring, and CRO/interim management. Closest direct competitor to CR3 Partners, serving similarly distressed middle-market and large-cap clients with a partner-led model.
• B. Riley Advisory Services: Advisory arm of B. Riley Financial providing restructuring, bankruptcy, and litigation support. Competes with CR3 in middle-market distressed advisory and creditor-side engagements.

Broad incumbents

• BDO USA: Top-10 global accounting and advisory network with a restructuring practice that competes for middle-market distressed mandates. Broader portfolio (audit, tax, M&A) puts it in the incumbent category versus CR3's pure-play turnaround focus.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/10943459

Revenue estimate

Valuation estimate

Number of profiles

Profiles16 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CR3 Partners, LLC