Strothman Strategic Advisory Services and its predecessor firm Pallas Partners have been providing specialized solution sets since 2007. Starting with the Great Recession our proven process and platform of services has allowed our clients to grow, change, turnaround and manage their assets to improve performance in all economic conditions and climates. We seek to maximize value for our clients whether they wish to continue operating, have reached a point of exit, want to grow organically, make acquisitions, or need to recapitalize.
We know the “how”, our clients know the “what”, together we achieve success. We have discipline. We are fearless. We impose will and accountability to solve complex issues. We guide our CEOs with respectful disrespect for “the way it has always been done”. We challenge the current condition. We contract to results. We achieve results and ROI for our clients
“Matt partnered with our entire team collectively and one-on-one to help transform what had been lagging in performance. We were able to identify rising stars, establish clear goals and processes to measure and achieve our goals. With clear communication and the adoption of a winning culture we achieved great success and growth.”
Pallas assisted in structuring a deal for Bailey Tools when the minority owner bought out the majority owner. The transaction consisted of a multi-year payout. Pallas was able to create the proper tax structure, set terms that allowed the new owner to take ownership immediately and put measures in place that protect the company’s ongoing business practices.
“Matt and his team were instrumental in working with us to increase our days of cash on hand, create profitability and develop new operational models within the hospital. During the time of their engagement we evaluated all of the hospital operations and put new processes and accountability measures in place for all departments and revenue cycle models.”
“SAS was able to identify the key issues that kept us from being the best we could be. We worked with them for two years, putting processes in place to position us for our first generational transition. They helped us dramatically evolve our business, growing revenue 350% in two years. We are now positioned for long-term success. The results took longer than we initially thought, but it was well worth the investment in our company’s future.”
“Matt and his team helped us see that we were much more than a call center business. Through the process we recognized that we were a professional services firm. Through their facilitation they helped us identify our core competencies and target a new and expanded customer base. By focusing on professional services, we are able to leverage existing facilities, extend our technological platform, penetrate new and existing clients without having to capture entire platforms, work with pilot programs and become thought and industry leaders by defining our space and domain.”
“When we brought in SAS we were weeks, if not days, from having to shut the doors. The team came in and led us through the most difficult time our company had ever faced during its 100 year existence. As a multi-generational family business the ability to continue on to the next generation was very personal. We would not have made it through the Great Recession and the past 7 years without their leadership.”
“Strothman led us through the entire sales process from helping draft and negotiate the letter of intent to modeling and negotiating all aspects of the deal. In the end we received significantly more than the original offer, achieved a structure that allowed us to minimize taxes, and restructured our real estate to produce additional income streams. The results were excellent.”
Neill LaVielle is a 5th generation 100+ year old company that was struggling in the 21st century economy. By looking at the business in an entirely different way SAS was able to help the company achieve a corporate renaissance.
In November of 2018 they were approached by a company based in Barcelona, Spain who wanted to make a very specific and strategic acquisition in the United States. SAS was retained to approach the targets confidentially, gauge interest, create interest where none existed and initiate a buy side process that culminated in a total acquisition.
A leading company in convenience stores this multi-generational company was looking to unlock the value of its real estate in conjunction with transitioning to the next generation. Working with their lead legal team, financial advisors and internal team we were able to create a sophisticated strategy that allowed them to free up cash, consolidate the equity, and separate the real estate from the operations without losing control of either.
“We have used Matt and his deal team to make three major acquisitions. In all cases they performed the due diligence, helped structure the deal, and led us to a successful closing. We are extremely pleased with the results both during the acquisition and in the post integration phases. We credit them with developing very creative financing structures in order to get the deals done.”
“They were able to refine our business plan and identify future revenue sources, giving us the credibility to get financing for our expansion. Our riding academy and summer camps were doing well, but they helped us identify eight business lines to branch off from our core business, including consignment sales of gear and equipment and selling billboard space on our barns that face major roadways.”