Home > NewsRelease > Avant Advisory Group Announces New Managing Director and Medical Technologies Focus
Text Graphics
Avant Advisory Group Announces New Managing Director and Medical Technologies Focus
From:
James F. Davidson --Turnarounds_ Financial Forensics_ M-and-A Expert James F. Davidson --Turnarounds_ Financial Forensics_ M-and-A Expert
Los Angeles, CA
Thursday, October 29, 2009


Steven M. Besbeck Managing Director Medical Technologies
 
Avant Advisory Group (www.AvantAdvisory.com), a premier management consulting firm, is pleased to announce that Steven M. Besbeck has joined the firm as managing director. Mr. Besbeck, a certified director, corporate governance expert, and audit committee chairman of a leading public company, will lead the firm's new practice sector in medical technologies. Avant Advisory Group provides specialty services relating to: turnarounds, restructurings, crisis, insolvency and bankruptcy management; merger and acquisition advisory; and forensics and dispute resolution. The firm also offers strategic, operational, and financial expertise to its clients with its CFO and C-Suite interim management services.

Steven Besbeck has a career spanning more than 35 years as chief executive officer, financial executive, entrepreneur, and board member of global private and public companies. As chief executive of three companies, Steve raised millions of dollars in equity and debt financing, including initial public offerings. He has managed mergers, acquisitions, divestitures, turnarounds, and liquidations. He is proficient in medical and healthcare information technologies, services, and devices. As a result of extensive experience in healthcare and medical technologies, he is particularly knowledgeable about compliance with FDA and ISO international regulations.

"I am extremely proud to be affiliated with the team of Avant Advisory Group and believe that together we can bring enormous expertise and resources to the healthcare and medical technology industry," said Steve Besbeck. "We are at the forefront of new developments in medical science and technology. Numerous companies require strategic, financial, and operational assistance to help them grow and improve their operations. Many companies, determined to survive in these difficult economic times, need more than financing; they also require independent expertise to help them identify problems and create solutions," he added.

"We are very excited about the addition of Steve Besbeck to the Avant team," said Jim Davidson, managing director of Avant Advisory Group. "He chairs the audit committee and serves on the board of directors of a leading public company that specializes in invitro diagnostics and molecular testing. Steve is a perfect fit for us and in meeting the needs of companies in the healthcare technologies sector. With Steve's knowledge of the medical technology industry and his past senior executive and board level experience, his expertise will be invaluable for building the medical technologies practice."

Steve Besbeck is credentialed as a certified director from the National Association of Corporate Directors. He holds a bachelor of science degree in accounting and finance from California State University, Long Beach. Please refer to http://www.AvantAdvisory.com/bio_Steven_Besbeck.php to learn more about Mr. Besbeck, his capabilities, and accomplishments,

About Avant Advisory Group



Avant Advisory Group is a professional services consulting firm with offices in Los Angeles, Newport Beach, San Francisco, and Santa Barbara, California. The firm is comprised of highly skilled strategic, operating, and financial executives. Avant's consultants have decades of combined business, executive, and consulting experience and thousands of successful case studies. Its professionals come from some of the most prestigious consulting firms and companies.

Avant Advisory Group specializes in:

• Turnarounds, restructurings, insolvency, and bankruptcy of companies in crisis

• C-Suite executive and transition management: CFO, CRO, COO, CEO, and board of directors

• Mergers, acquisitions, and capital transactions

• Forensics, fraud investigations, and dispute resolution

Clients include public, middle-market, and emerging-growth companies across the country. Their management teams, investors, capital providers, and other professionals, including attorneys, trustees, creditor committees, secured lenders, and other parties in interest, all benefit from the firm's services. Whether serving in interim management or advisory roles, Avant Advisory draws on its deep operational financial and operational experience to provide comprehensive services across the investment lifecycle. Front-end due diligence and acquisition support, portfolio company evaluation, turnaround management, and exit advisory are only a few of these services.

Avant Advisory Group's mission is to leverage trust and confidence in its services, create value, and enhance each client's success. The firm accomplishes this by helping clients improve profits, EBITDA, cash flows, and asset management. There is also no stronger advocate for each client than Avant whether it is by its forensics and dispute support services, turnaround, restructuring, and crisis management expertise, merger and acquisition advisory services, or its profitability and operational improvement capabilities.

Please refer to www.AvantAdvisory.com or call James F. Davidson, CTP, CPA/CFF, CM&AA at (714) 924 7888 to learn more about Avant Advisory Group.

Media Contacts:



Martin S. McDermut, CPA, CM&AA, CFS

Managing Director

Avant Advisory Group

Los Angeles, CA

213) 943 1308

MMcDermut@AvantAdvisory.com



Steven M. Besbeck

Managing Director, Medical Technology

Avant Advisory Group

Los Angeles, CA

818) 599 5419

SBesbeck@AvantAdvisory.com



News Media Interview Contact
Name: James F Davidson CTP, CFE, CPA
Title: Managing Director & President
Group: Avant Advisory Group
Dateline: Newport Beach, CA United States
Direct Phone: 949 417 5708
Main Phone: 949 417 5708
Cell Phone: 714 924 7888
Jump To James F. Davidson --Turnarounds_ Financial Forensics_ M-and-A Expert Jump To James F. Davidson --Turnarounds_ Financial Forensics_ M-and-A Expert
Contact Click to Contact
Other experts on these topics