Alan Quasha and Restructuring Theory

Alan Quasha Explains Restructuring Theory at Quadrant Management

Alan Quasha explains that the secret to Quadrant Management’s success in restructuring companies is that they become principals in the process rather than just acting as advisors or consultants. Since restructuring is not an easy process and often requires making basic changes to the company’s business model and plotting out a strategy for the new direction of the business, it is essential that the restructuring takes ownership into consideration. When Quasha started restructuring businesses 30 years ago it was usually done as a principal. In those days there was no profitability in restructuring companies merely as an agent.

When economies and markets go through crises and companies are forced to change their business models, restructuring becomes more of a demand. Currently Quadrant is experiencing a highly active period as they help companies navigate successfully through the current adverse market conditions.

For instance, Quadrant recently took control of Genius Products. Formerly owned by Bob and Harvey Weinstein, Genius is a major entertainment distribution company. Quasha calls Genius a leader in “non-Blockbuster titles”, meaning that they handle just about all entertainment mediums. Since Genius was an already strong player in the movie and DVD business, they are now going to make a push into the music and gaming business using the same distribution channel that they use for DVDs and movies.

Quadrant has a lot of experience working through many complex restructuring issues, and their goal is always to create a win-win situation for everyone.