Over the years Argus has provided a wide array of services to its clients as a resource available to augment existing management or step in and provide leadership in a CEO, COO or CFO capacity.
Recent Engagements
Wm. Bolthouse Farms, Inc — $500 million food and beverage processing and marketing company. With the acquisition of this company, the private equity sponsor hired Argus to provide a team to assume the financial management of the company as CFO and various other line positions to upgrade financial reporting and controls and hire permanent staff.
Lane Construction Co — $1 billion construction company building roadways and infrastructure projects. Advisor to CEO regarding restructuring and refinancing of the company and assisted them in achieving the most profitable year in its 100 year history
Re-Pipe — A leader in the trench less repair technology of municipal water systems. Argus served as President and CFO under a multi-year agreement affecting a turnaround and resuming the growth of the company.
Modern Continental — Boston based heavy construction contractor. Currently completing the sale of a $60+ million real estate portfolio which includes industrial, commercial, residential, agricultural and development properties.
BCGI Inc. — $100 million public software and service billing provider for wireless carrier systems. Served as interim CFO, leading the restructuring of the business and re-statement of the previous ten years of financial statements, due to stock option back dating and other related accounting issues.
Midas Muffler — $500 million public parts, franchiser and manufacturer in the automotive business. Financial advisor to the note holders, instrumental in assisting the company through its restatement.
Medquest Associates — $250 million operator of diagnostic imaging centers. Initially, brought in by private equity group to lead investigation around significant misstatement of revenue, which lead to assumption of CFO position; restructuring of debt; retention of permanent management; resolution of SEC formal investigation and participation in arbitration matter.
Bank of America, JP Morgan — Various due diligence and investigation assignments around borrower misrepresentations and associated on-going litigation support.
Allen’s Blueberry — Blueberry grower and distributor. Served as financial advisor during class action trial; refinancing of debt; turnaround of business and turnover of staff.
Jay Cashman, Inc. — $250 million diversified heavy/marine contractor. Worked directly with the Chairman on a variety of strategic initiatives and personal investment opportunities over a 6+ year engagement.
Fitsteps — Start-up software development company marketing a health management/tracking software for health clubs, personal trainers or private individuals. Serving on Board.
La Petite Academy — Child day-care provider operating over 800 locations. Private equity hired Argus to provide a team to assume all financial management positions including CFO under a long term engagement with responsibilities including: moving and re-staffing of Corporate, creation of Treasury and Internal Audit functions; implementation of financials controls and enforced which contributed to a long term turnaround during which time EBITDA doubled.
United Liquors — The largest liquor distributor in New England. Argus served as interim COO during refinancing and recruiting of permanent management and as financial advisor over a multi-year period.
Global Crossings — Served on Special Board to pursue various claims and litigation.
Morgan Construction — International manufacturer of Rolling Mills, serving as financial advisor for over 10 years.
K2 Industrial — $150 million industrial coatings and cleaning business. Argus assisted in the purchase of assets through a 363 transaction through to a highly successful and profitable national entity.
Buehler Food Markets — $400 million retail grocery chain. Argus led the company through a Chapter 11 bankruptcy and successful exit.
TVR Communications — The largest provider of interactive patient education and entertainment products and services, to the healthcare industry, in the United States. Argus served as interim CFO during a financial restructuring, refinancing and recruiting of permanent management.
Alliance Healthcare — $100 million home health company. Argus serves as financial advisor and interim CFO.
Barker Steel — Rebar fabricator with operations throughout New England. Have served as financial advisor and on the board for over 10 years.
Prior Significant Engagements:
Malden Mills — Textile manufacturer. Served as Financial Advisor and Board of Director.
Cybex International — $150 million public manufacturer of health equipment. Served as an advisor to the CEO (and later an Argus representative went on Board of Directors) in the re-structuring, turn around and re-financing of this entity. The stock price appreciated 300% from the beginning of our tenure.
Cornerstone — Holding Company of 6 catalog retailers, including Frontgate, Territory Ahead and Ballard Design. Served as CFO during restructuring of management, corporate and refinancing.
Alarm Security Group — An Alarm Security company operating in Texas, Chicago and the mid-Atlantic. Served as CEO during sale of company.
Kurzweil Applied Intelligence — $25 million public software and voice recognition company founded by Ray Kurzweil. Argus was interim CEO and CFO restructuring and refinancing the company through to successful sale.
Napier — $70 million jewelry manufacturer and distributor. Served as interim President/CEO, leading turnaround and out of court restructuring of debt.
Gitman Brothers — Served as interim CFO and President for several years at this high-end shirt private label manufacturer for Saks, Norstom and Paul Stuart. Company successfully turned around and emerged from bankruptcy.
| Remington Products | Vermont Castings |
| CB Sports | Grossmans |
| Nexiq Technologies | Ground Round Restaurants |