Testimonials

When I first heard that our company (Cady Industries) would begin to explore liquidating the Company, I was concerned about whom the bank group would send in to do the job. While this is never a favorable process, I don't know how they could have picked a more suitable set of individuals. Nick Arrington and Larry Powers (now d/b/a COMPASS ADVISORY PARTNERS) explored many options before determining their course of action for this business and in doing so created a working team to help guide them and build continuity in the decision making process.

COMPASS was focused on all the things that should be important when your company is facing difficult decisions. Nick and Larry always held in highest regards the people and the many lives that are affected as well as their fiduciary responsibility to their client. The business had been for sale for over 18 months and in less than 3 months they had sold both plants, secured employment for over 2/3 of the workforce, and recovered 25% more than their original projections.

In our case, Nick and Larry were able to engineer a win-win in terms of the people and the secured lenders. They have remained closely aligned to their client even after their work was completed. While I am hesitant to over express praise about anyone, these guys provide a refreshing new approach in an otherwise cookie cutter profession.

Jeff Phelps
Formerly Vice President
& Authorized Officer
Cady Industries, Inc.
Pearson, Georgia