Ascent Partners has formed a strategic alliance with turnaround professionals Rodgers Reidy / TBA Solutions, in order to provide Australian printers who have experienced significant sustained downturns, with options for the pathway forward.
The five or more options may include modifying their business and trading on, or going down the new Chapter 11 Debtor in Possession path, or in some cases exit from the industry via voluntary administration / liquidations.
Ascent Partners director, Richard Rasmussen says, Unfortunately, many printers are still experiencing 30 per cent plus declin…
Read the full article at: https://www.print21.com.au/industry/ascent-teams-up-provide-turnaround-solutions