Cedar Croft Consulting

What Cedar Croft Consulting does

Cedar Croft Consulting is a privately-held, founder-led turnaround management and financial advisory firm founded in 2004 by Patrick Walsh. The firm assists mid-market companies in the manufacturing, distribution, retail, and service provider sectors throughout North America that are in financial or operational distress, with documented engagements spanning U.S. Chapter 11 and Canadian CCAA proceedings, out-of-court workouts, and refinancing transactions. Core service offerings include Turnaround Management Consulting, Restructuring Services, Interim Management (Chief Restructuring Officer placements), and — since the 2020 launch of Cedar Croft Capital M&A Services — Mergers & Acquisitions Advisory, with securities transactions executed through partner Young America Capital, LLC (FINRA/SIPC). Process differentiators include a structured Weekly Communication Protocol, a two-week Rapid Business Assessment, and 13-Week Cash Flow Forecasting methodology.

The firm's revenue model is engagement-based professional services: hourly fees for turnaround and restructuring mandates (typically with partial payment upfront) and advisory fees for M&A transactions. Customer acquisition runs primarily through senior lender referrals triggered by covenant defaults or imminent insolvency, supplemented by direct outreach, industry event networking (TMA, SFNet, NYIC), and inbound from the firm's case-study visibility. Cedar Croft maintains a North American distribution footprint across New York (headquarters, 100 Park Avenue, 16th Floor), Tampa, FL (opened September 2023, 100 Ashley Dr. S., Suite 600), and Toronto (Canada Trust Tower, Brookfield Place). The technology stack is non-proprietary — the firm operates as a consulting practice differentiated by methodology and senior practitioner experience rather than by software IP.

Name

Cedar Croft Consulting

Legal name

Cedar Croft Consulting Inc.

Website

https://cedarcroftconsulting.online

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

1–10 employees

Short description

Cedar Croft Consulting is a privately-held turnaround management and financial advisory firm founded in 2004 that serves mid-market companies in manufacturing, distribution, retail, and service sectors across North America facing financial or operational distress, offering restructuring, CRO/interim management, and M&A advisory services.

Ownership category

akta.pro rank

Product category

Turnaround Management Consulting

NAICS

Management Consulting Services (54161)

SIC

Services-Management Consulting Services (8742)

akta.pro primary industry

Turnaround, Restructuring & Crisis Management Consulting (BPAHACAO)

akta.pro secondary industries

Debt & Capital Advisory (Debt Raising, Refinancing, Private Credit) (BPAHAOAD), Restructuring & Turnaround Advisory (BPAHADAD), Financial Management & Performance Improvement Consulting (BPAHACAF)

Keywords

• Turnaround management consulting
• Corporate restructuring advisory
• Financial restructuring services
• Mergers and acquisitions advisory
• Interim management services

Headquarters

HQ city

Toronto

HQ country

Canada

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. Turnaround Management Consulting: Fees for turnaround management services including Chief Restructuring Officer (CRO) engagements, financial advisory, and crisis management. Typically engagement-based with partial payment upfront.
2. M&A Advisory Services: Financial advisory fees for buy-side and sell-side M&A services including identifying buyers, preparing Confidential Information Memorandums, structuring and negotiating transactions, and guiding due diligence. Securities transactions conducted through Young America Capital, LLC.
3. Restructuring Services: Engagement fees for corporate restructuring including balance sheet restructuring, refinancing negotiations, and debt workouts.

Go-to-market motion2 records

Distribution channels6 records

Marketing channels7 records

Core offering

Cedar Croft Consulting is a turnaround management consulting firm that delivers comprehensive advisory services to mid-market companies experiencing financial or operational distress. Core offerings include turnaround management, corporate restructuring (including U.S. Chapter 11 and Canadian CCAA proceedings), mergers and acquisitions advisory, financial advisory, capital raising, balance sheet restructuring, interim management and Chief Restructuring Officer placements, with M&A securities transactions brokered through a partnership with Young America Capital, LLC. The firm serves manufacturing, distribution, retail, and service provider sector clients throughout the United States and Canada.

Product overview

Cedar Croft Consulting is a turnaround management and financial advisory firm serving mid-market companies in North America. The firm operates as a single integrated consulting practice rather than a software platform, offering a portfolio of professional services centered around turnaround management, restructuring, and M&A advisory. Core offerings include Turnaround Management Consulting, Restructuring Services, and Mergers & Acquisitions Advisory (conducted through Cedar Croft Capital M&A Services, launched in 2020). Supporting services include Financial Advisory, Capital Raise Services, Balance Sheet Restructuring, and Interim Management. The firm employs a proprietary Weekly Communication Protocol methodology and Rapid Business Assessment framework as distinct process offerings. The firm serves manufacturing, distribution, retail, and service provider sectors across the US and Canada.

Differentiator

Problem solved

Functional benefit

Brands

• Cedar Croft Capital M&A Services: A division launched in 2020 offering mergers and acquisitions services including sell-side and buy-side advisory, capital raises, and refinancing services.

Products and services

• Turnaround Management Consulting Comprehensive turnaround management services for mid-market companies in financial or operational distress, including assessment, recovery planning, and implementation support to restore viability, serving manufacturing, distribution, retail, and service-provider clients across North America.
• Restructuring Services Corporate renewal services including U.S. Chapter 11 and Canadian CCAA bankruptcy proceedings, operational restructuring, and financial restructuring to address distressed mid-market situations.
• Mergers & Acquisitions Advisory Full-cycle M&A services including sell-side representation, buy-side acquisition support, divestitures, capital raises, and refinancing arrangements, with securities transactions conducted through Young America Capital, LLC.
• Financial Advisory Services Financial advisory services including due diligence, performance enhancement, strategic planning, and capital structure optimization for middle-market companies.
• Capital Raise Services Arrangement of financing to support growth or business transition goals, including arranging refinancing with existing or new lenders, supplemental financing with subordinated debt, and raising additional equity.
• Balance Sheet Restructuring Services including securing covenant violation waivers, renegotiating lender terms, subordination agreements, negotiated discounted debt settlements, and divestiture of non-strategic assets.
• Interim Management Placement of senior professionals in interim executive roles such as Chief Restructuring Officer, Interim CEO, or Interim CFO during turnaround and restructuring engagements.
• Chief Restructuring Officer (CRO) Services Senior executive placement serving as CRO to oversee all operations and cash control, implement turnaround plans, and maintain stakeholder communication during restructuring processes, as evidenced by the auto parts manufacturer engagement returning to profitability within 3 months of CRO appointment.
• Cedar Croft Capital M&A Services Specialized M&A division launched in 2020 offering mergers and acquisitions advisory services including sell-side and buy-side advisory, capital raises, and refinancing services, with securities transactions conducted through partner broker-dealer Young America Capital, LLC (Member FINRA/SIPC, Mamaroneck NY).

Quantifiable outcome

• Dairy & Cheese Manufacturer achieved $13M annual profit improvement
• +4 more outcomes

Named customers10 records

Segments6 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• FTI Consulting: Large global consulting firm with a dedicated Corporate Finance & Restructuring segment offering turnaround advisory, interim management, creditor advisory, and M&A services. Broader portfolio than Cedar Croft, but directly overlapping in distressed middle-market restructuring mandates.
• Teneo: Global advisory firm offering restructuring, interim management, and transformation advisory alongside strategic communications and capital advisory. Service overlap with Cedar Croft in turnaround, restructuring, and financial advisory.
• Huron Consulting Group: Public consulting firm with a Business Advisory segment that includes restructuring, turnaround, interim management, and distressed M&A. Operating model, target customer profile, and services strongly overlap with Cedar Croft, but at substantially larger scale.
• Stout: Global advisory firm providing valuation, financial advisory, restructuring, and disputes consulting. Overlaps with Cedar Croft on restructuring and turnaround mandates for distressed middle-market clients.
• Kroll: Global advisory firm with a dedicated Restructuring practice delivering interim management, creditor advisory, and turnaround services alongside valuation, investigations, and cyber services. Overlaps with Cedar Croft on restructuring, turnaround, and distressed advisory work for middle-market and large-cap clients.

Direct peers

• FocalPoint Partners: Middle-market-focused investment bank and advisory firm offering restructuring, special situations M&A, and valuation services. Comparable target market and service set, with overlapping M&A and refinancing advisory offerings.
• Alvarez & Marsal: Global turnaround and restructuring firm providing CRO services, operational improvement, and financial advisory to distressed middle-market and large-cap companies. Direct peer in turnaround, restructuring, and interim management for financially distressed firms.
• Riveron Consulting: Middle-market financial advisory firm offering restructuring, transaction advisory, valuation, and CFO advisory services. Highly comparable in size, customer segment (mid-market), and service mix to Cedar Croft.
• B. Riley Advisory Services: Advisory arm of B. Riley Financial providing restructuring, turnaround, bankruptcy, and distressed M&A services to middle-market companies and lenders. Comparable customer base, services, and bankruptcy-process expertise to Cedar Croft.
• MorrisAnderson: Dedicated middle-market turnaround and restructuring firm focused on underperforming and distressed businesses, providing interim management and financial advisory. Closely aligned business model, target market, and service offering to Cedar Croft.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/cedarcroftmgmt
• LinkedInlinkedin.com/company/cedar-croft-consulting

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 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 Cedar Croft Consulting