Harvey L. Nachman

Harvey L. Nachman
Certified Turnaround Professional
Principal

Harvey Nachman is a founding Principal of NachmanHaysBrownstein, Inc. Since the forming of the firm, he has assumed management roles for numerous privately held and publicly traded companies experiencing under-performance and crisis type situations. He specializes in asset maximization and possesses an ability to understand the underlying issues involved in corporate personnel management. Mr. Nachman has had extensive experience in the refinancing and restructuring of existing debt.

Mr. Nachman began his career as an entrepreneur and owner of a textile and apparel- manufacturing firm. His 20 years of experience in this labor-intensive industry has made him very knowledgeable and capable in diagnosing financial management matters as well as those matters concerning production, planning and control issues.

After Mr. Nachman sold the business, he recognized the need for specialized experience in the expanding turnaround industry. He became a Co-Founder and principal of the PBR Group, a management-consulting firm devoted to crisis management, business turnarounds and hands-on guidance where bankruptcy is required. He later formed The Nachman Group, Inc. to focus on turnaround opportunities in retail, manufacturing and distribution environments.

As a full time professional in the turnaround management industry, Mr. Nachman’s experiences have been exceedingly diverse. These include assignments in a variety of industries including Technology, all types of manufacturing, healthcare, food, tobacco and horticultural distribution and many service related companies. An additionally major accomplishment was the settlement of an intellectual property rights claim for a public company. The firm thereafter completed an orderly liquidation without the need for a formal bankruptcy filing, sold the rights to a private investor and the reconfigured company is currently listed and publicly traded.

Mr. Nachman was an early proponent of certification for turnaround professionals and became one of the first Certified Turnaround Professionals (CTP) in the country. He is very active in the turnaround industry and has served as President of the Delaware Valley Chapter of the nationally recognized Turnaround Management Association (TMA). He is also a member of the Association of Certified Turnaround Professionals (ACTP).

He participates actively in the community as a member of the Philadelphia Overall Economic Development Commission and served on the board of the Council for Industry and Employment in Philadelphia. He is currently a visiting instructor at the Wharton School.

Mr. Nachman received a degree in Economics from the University of Pennsylvania, where he pursued a double major in accounting and industrial management at the Wharton School. His graduate work at the Wharton School focused on real estate investment analysis. Mr. Nachman possesses a real estate sales license in Pennsylvania. He has attended the Institute of Management Consulting and is a Certified Management Consultant (CMC).