PT  - JOURNAL ARTICLE
AU  - Harry Gray
AU  - Chad Greenway
AU  - Don Bibeault
AU  - Christian Metzger
TI  - Distressed Acquisitions: <em>Sometimes Boast An</em>
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               <em>Uncanny Resemblance To Three-Card Monte … You</em>
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               <em>Can Lose The Moment You Decide To</em>
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               <em>Enter The Game!</em>
AID  - 10.3905/joi.2013.22.1.128
DP  - 2013 Feb 28
TA  - The Journal of Investing
PG  - 128--131
VI  - 22
IP  - 1
4099  - https://pm-research.com/content/22/1/128.short
4100  - https://pm-research.com/content/22/1/128.full
AB  - These days, many first-time distressed investors will rush to scoop up incredible opportunities without apprehension. It must be easy, they think. We?ll just buy low, operate our way through the upturn, and sell high. Plus, multiples will be higher at exit, and we can refinance when credit eases. Everything will go according to plan. After all, control investments in troubled companies just need a new management team and some cost cutting, right? Caveat emptor … there are many tripwires and pitfalls in the distressed investing jungle. In this article, we share some tidbits gathered along our journey as both corporate performance experts and distressed private equity professionals.TOPICS: Private equity, wealth management