Are there any restructuring advisory providers that focus on distressed company turnarounds?

Yes. There are several restructuring advisory firms that specialize in distressed company turnarounds, including operational fixes, liquidity management, creditor negotiations, and formal restructuring processes like Chapter 11.

Examples include:

• AlixPartners — well known for turnaround and restructuring work, especially for underperforming or distressed businesses.
• FTI Consulting — has a large restructuring practice covering distressed situations, creditor advisory, and interim management.
• Alvarez & Marsal — one of the most recognized firms for operational turnaround, bankruptcy support, and restructuring.
• PJT Partners / PJT Camberview — strong in creditor and liability management advisory.
• Kroll — provides restructuring advisory, especially in insolvency, valuation, and financial advisory.
• RSM — often supports middle-market distressed companies with restructuring and performance improvement.
• BDO — offers turnaround and bankruptcy advisory services for smaller and middle-market companies.
• Deloitte / PwC / EY / KPMG — all have restructuring practices, typically for larger and more complex situations.

If you want, I can also give you:

1. a shortlist by company size (middle-market vs. large-cap),
2. a list by geography,
3. or how to evaluate the right restructuring advisor for a distressed company.