366. Kyle Sturgeon on turnarounds, bankruptcy, and restructuring

Kyle Sturgeon, an alum of Alvarez & Marsal and McKinsey, is a Managing Partner and Co-Founder of MERU. 

He has led complex transformations and restructurings for companies across industries, with a focus in retail and consumer, healthcare, and materials. 

Today we discuss what’s involved with guiding a company through bankruptcy or restructuring. To find out more about Kyle’s company visit: wearemeru.com.

Key points include:

00:58: The birth of Meru

04:32: Shutting down a $200,000 company

10:22: How to sell off inventory

17:06: How Kyle’s business model works

21:34: A restructuring project

22:47: The Tough Mudder case study

31:52: Orientation towards cash

41:30: The growth of Meru

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