SageGroup Strategies Opens Santa Clarita, CA Office to Help Troubled Companies Throughout Southern California

SageGroup Strategies announces that it has opened a SGS Office in Santa Clarita, CA, as another step in SageGroup's major California expansion program. SGS has several SGS Offices in California, and it plans to soon open several more. SageGroup is the largest Professional Troubled-Company Specialist firm in the United States and the world, with over fifty Offices nationally plus in Asia and Europe, and many more pending USA and foreign Offices.

FOR IMMEDIATE RELEASE:

CONTACT:
David Lawrence
National Coordination Office
SageGroup Strategies, Inc.
1370 Third Street, Suite 110
Alameda, CA 94501
(510) 865-2480 Phone
(510) 865-6654 Fax
SGS@SageGroupStrategies.com
 
SageGroup Strategies Opens Santa Clarita, CA Office to Help Troubled Companies Throughout Southern California
 
Santa Clarita, CA, and Alameda, CA - September 8, 2003 - SageGroup Strategies announces that it has opened a SGS Office in Santa Clarita, CA, as another step in SageGroup's major California expansion program. SGS has several SGS Offices in California, and it plans to soon open several more. SageGroup is the largest Professional Troubled-Company Specialist firm in the United States and the world, with over fifty Offices nationally plus in Asia and Europe, and many more pending USA and foreign Offices.

Santa Clarita is a dynamic "new" (in name) city located just north of Los Angeles.  It was formed in 1987 by combining the established towns of Valencia, Newhall, Saugus, and Canyon Country.  It is rapidly growing, continuing a trend that included a 35.5% growth rate from 1990 to 2000. It occupies about one-fourth of the 200-square-miles Santa Clarita Valley about 35 miles northwest of downtown Los Angeles.  It has many established and new companies, a population of about 180,000, and a continuing influx of many more people and companies. Additionally, it is only a short distance from the industry-abundant San Fernando Valley.

Besides its major focus on the Santa Clarita Valley, the SGS Santa Clarita Office will also be involved in serving SGS clients and helping to open other SGS Offices within a broader geographical area in which it is located centrally.  This area includes the cities of  Los Angeles (which itself has a population of over 3.5 million), Oxnard, Santa Barbara, Bakersfield, San Bernardino, and Long Beach.

"SageGroup has a large variety of highly-qualified professionals able to help in many types of situations," stated Vartan Vahramian, one of the five SGS Santa Clarita Office Co-Managers. "In addition, when appropriate, SageGroup can immediately involve many other professional firms, capital  sources, and other entities with which it has strategic alliances or other types of working relationships.  As one example, concurrently with my SageGroup involvement, I continue to manage two firms which I have operated in Santa Clarita for almost 31 years.  One firm is Homeland Building & Loan, which originates business and real estate loans, then packages and raises the needed financing.  The other firm is Biz-Doc (Business Doctor), which provides business consulting services to companies needing financing, expansion, or to get out of trouble in the form of financial reorganization or relocation."
 
"Southern California in general, and specifically the Santa Clarita and San Fernando Valleys, are very well positioned for major future growth," added Peer Ghent, another SGS Santa Clarita Office Co-Manager.  "Economic declines have necessitated "belt tightening" on every front.  It's been my experience that while most companies know they are experiencing problems, they rarely have a firm grasp of the business decisions that created the problems.  Acquisition of additional capital becomes the immediate focus, but without a complete analysis of company procedures and policies and the implementation of a solid, individualized, long-term plan, this is only buying time.  My specialty is conducting the initial analysis and partnering with company principals to formulate and implement the plan.  I'm excited about combining my skill sets with the formidable resources of SGS to the benefit of Southern California businesses.  We support the Southern California business communities with a local presence and locally-based professionals, combined with SGS's major national and international capabilities, resources, credibility, strategic alliances, and other quality relationships. This allows us to strongly help many troubled companies in ways that smaller firms can't."

SageGroup offers a powerful large group of professionals who are experts at helping companies get out of trouble and move forward.  SageGroup's staff includes over 600 highly-qualified specialists, including: financing and financial experts; troubled-company experts; turnaround experts; marketing specialists; CPAs; international business experts; attorneys; strategists; joint ventures, mergers, and acquisitions experts; technologists; trade/barter experts; global sourcing specialists; corporate executives; industry specialists; and many others.
SageGroup's staff has been involved in hundreds of difficult company situations, including: refinancings; turnarounds; crisis management; debtor programs; spin-outs; restructurings and reorganizations; and managed wind-downs and shut-downs.

The Santa Clarita Office is based in the Valencia area of Santa Clarita, 26893 Bouquet Canyon Road, Suite N, Santa Clarita, CA 91350, phone number (661)  263-9765.   For maximum confidentiality, initial inquiries from troubled companies and their advisors can also be directed to Larry Lindsey, a SGS Managing Director and non-local Santa Clarita Office Co-Manager, at SGS's National Coordination Office, phone number (510) 865-2480.

ABOUT SAGEGROUP STRATEGIES
SageGroup Strategies is the largest Professional Troubled-Company Specialist firm in the United States and the world. Besides being very experienced and knowledgeable, SageGroup emphasizes being very discreet, working with absolute confidentiality and behind the scenes whenever necessary. As part of its strict confidentiality policies, SageGroup has never disclosed or publicized the names of its clients. More information about SageGroup Strategies is available at its www.SageGroupStrategies.com website.
 
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