When DLT Solutions, Inc. faced a critical need for interim management, its board of
directors turned to Alvarez & Marsal to assume the roles of Chief Executive Officer
and Chief Financial Officer, and help navigate through a period of change. Fueled by
an entrepreneurial spirit, DLT had experienced a meteoric rise from start-up to leading
technology solutions provider to the government with annual revenues of nearly $300
million. While bridging the gap to permanent management, Alvarez & Marsal worked
closely with the board to develop a business plan, build a comprehensive finance function
with appropriate reporting, systems and controls, dramatically improve cash management,
and secure a bank facility with its first global financial partner. Over the course of
nine months, DLT attracted a talented permanent Chief Executive Officer, grew by an
astonishing 30%, and, through the efforts of Alvarez & Marsal in partnership with the
board, implemented a business infrastructure to pave the way to significant growth and
ongoing success.