Harty Press

Division: Phoenix Capital Resources, Phoenix Management Services


Harty Press was a $20 million family-owned printing and direct mail company based in Connecticut.


Because of cutbacks in traditional advertising and the loss of its traditional customer base, Harty Press saw a significant drop in sales. The Company faced serious liquidity and cash management issues.


Phoenix Management Services was engaged to assess the situation and established financial and cash controls over the Company. Phoenix also developed a stringent financial reporting system allowing the Company to refinance its debt. Phoenix helped scale back the business and implemented new revenue generating programs, which returned the Company to profitability.