PT - JOURNAL ARTICLE AU - James C. Ebbert TI - Choosing a Turnaround Management Firm DP - 2004 Mar 20 TA - Turnaround Management PG - 72--76 VI - 2004 IP - 1 4099 - http://guides.pm-research.com/content/2004/1/72.short 4100 - http://guides.pm-research.com/content/2004/1/72.full AB - Many private equity firms, faced with a deteriorating situation in a portfolio company, try to fix it internally. Often that means throwing more money at the situation, often the worst possible solution. These situations require the skills and mindset of a turnaround professional. This article describes the role of a turnaround professional, and how to go about finding the one best suited for the troubled situation.