John D. Incledon

Palisades Associates focuses on investments in troubled companies. The firm may participate as equity owner, a secured creditor or occasionally as a consultant to the Board or to controlling investors. When the firm infuses new equity capital, they typically seek a control position. When they participate as a consultant to the Board or to controlling investors, they generally do so with a negotiated stake in a successful outcome.Palisades Associates looks for middle-market companies with revenues of $50 million to $500 million. They look for companies that have historically been industry leaders and that have sound management teams. They participate in situations involving amicable ownership transitions and do not sponsor hostile changes of control. The firm invests across all sectors.The firm is particularly interested in the following situations: (1) opportunities in which attractive companies have been hobbled by unrealistic leverage and (2) situations in which historical leaders in industries have experienced rapid change that has made the company's previous business model unsustainable. In each of these situations, Palisades will acquire the company in a transaction which restructures debt as necessary and provides new capital to revise the business model.

N.M. Rothschild & Sons Ltd. provides banking and financial services. It offers investment and commercial banking, treasury, merchant banking, fund management, private banking and trust management services to governments, corporations and individuals. The company has operations in USA, Zimbabwe, South Africa, Switzerland, United Arab Emirates, Sweden, Turkey, Singapore, Russia and Spain. N.M. Rothschild & Sons was founded in 1809 and is headquartered in London, the United Kingdom.

Ernst & Young provides accounting services. Its services include auditing, accounting, tax and transaction services, assurance and advisory business, online transaction advisory and a wide range of financial services. The company was founded by Arthur Young and Alwin C. Ernst in 1881 and is headquartered in Kansas City, MO.