A Tradition of Turning Around Troubled Situations

Situational Analysis

Whatever the circumstance, the first step in moving toward where you want to go is to complete a detailed analysis of where you are now 


 

Fiduciaries

Solon brings the objectivity of an outsider, the attitude of an owner, and the steady hands of experience to every role she accepts.
 

Strategists

Solon helps client define their goals, and builds the road maps required to get there.  Solon's overriding purpose is to help others become all they can be.
James Schorr

James Schorr

Nancy Bearg

Nancy Bearg

Coley Bailey

Coley Bailey

 

Founded by restructuring pioneer Deborah Hicks Midanek in 2005, Solon is a leader in value creation through sustainable business improvement. Corporate leaders, lenders, and investors alike look to Solon Group professionals to provide balanced counsel in times of transition, and to restore a sense of hope and possibility.

The creation and enhancement of that value is at the core of what we do, as corporate directors, advisors, analysts or agents. We analyze each company’s assets, both tangible and intangible. We consider the client’s goals and needs, the obstacles apparent and potential, and work with the client to develop and execute a plan to unleash value.

  • We lead with our ears, to determine client desires, identify issues, and realize possibility.
  • We bring the objectivity of an outsider, the attitude of an owner, and the steady hands of experience.
  • Our purpose is to help others become all they can be.

Find out more about Solon


Latest Articles

An Iconic Hotel Shows Remarkable Business Resilience

An Iconic Hotel Shows Remarkable Business Resilience

Terrorists Strike the Taj In 2008, I stayed at the Taj Mumbai Palace, where employees provided me with remarkable tender loving care.  A few days later, many of them were dead, killed during the infamous terrorist attack now known as 26/11. Heartbroken for them and for the legendary hotel, I was fearful that it would not recover…

Read More >

Nurture Talent to a Build a Resilient Enterprise

Nurture Talent to a Build a Resilient Enterprise

Charlie is too good for The Job I heard a story tonight that is worth chewing on. Charlie, a newly minted electrical engineer, went on a job interview. After talking with him for awhile, the human resources manager observed “Charlie, I believe you are highly competent and could certainly do the job we are looking…

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12 Steps to Achieve Business Resilience

12 Steps to Achieve Business Resilience

Dean Becker, CEO of Adaptiv Learning Systems: “More than education, more than experience, more than training, a person’s level of resilience will determine who succeeds and who fails. That’s true in the cancer ward, it’s true in the Olympics, and it’s true in the boardroom.” That is what we must strive to become.

Read More >


“Deborah did a remarkable job harmonizing so many competing and dissonant factions”

“Deborah did a remarkable job harmonizing so many competing and dissonant factions in what looked to be an impossible situation. She gets all the plaudits for a tremendous job in that case and for getting confirmation of a plan.”

 

Joseph A. Eisenberg
Chairman of the Insolvency Department
Jeffer Mangels, Butler & Marmaro

2014-08-11T13:52:13+00:00
“Deborah did a remarkable job harmonizing so many competing and dissonant factions in what looked to be an impossible situation. She gets all the plaudits for a tremendous job in that case and for getting confirmation of a plan.”   Joseph A. Eisenberg Chairman of the Insolvency Department Jeffer Mangels, Butler & Marmaro

“Deborah’s strength is her independence. It’s what makes her so effective.”

“Deborah’s strength is her independence. It’s what makes her so effective. Whether in the role of advisor or director or officer – no matter whom she was brought in by – she tells you what she thinks, not what she thinks you want to hear.”

 

Mark Rubin
Managing Director
Chanin Capital

2014-08-11T13:47:34+00:00
“Deborah’s strength is her independence. It’s what makes her so effective. Whether in the role of advisor or director or officer – no matter whom she was brought in by – she tells you what she thinks, not what she thinks you want to hear.”   Mark Rubin Managing Director Chanin Capital

“Pure Thinker”

"Are you familiar with the term ‘pure thinker’? I’ve only known two in my life, and she’s the second. She can listen to a subject about which she is ill-or non-informed, then ask questions, critical questions.”

 

Fletcher L. Byrom
Former CEO, Koppers Co.

2014-08-11T14:13:12+00:00
“Are you familiar with the term ‘pure thinker’? I’ve only known two in my life, and she’s the second. She can listen to a subject about which she is ill-or non-informed, then ask questions, critical questions.”   Fletcher L. Byrom Former CEO, Koppers Co.

“I will recommend you far and wide”

I will recommend you far and wide. You have no idea how deeply I respect the combination of your brain, your heart, your sincerity and your emotional intelligence. I have never seen such an effective combination before.

 

Jacob J. Worenklein
AKIN GUMP STRAUSS HAUER & FELD LLP

2014-08-13T08:08:13+00:00
I will recommend you far and wide. You have no idea how deeply I respect the combination of your brain, your heart, your sincerity and your emotional intelligence. I have never seen such an effective combination before.   Jacob J. Worenklein AKIN GUMP STRAUSS HAUER & FELD LLP

“Deborah is an executive’s executive..”

"Deborah is an executive’s executive. She leads with sensitivity and intelligence and has a knack for foreseeing the endgame while most of us are still absorbing the details. If I had to boil it down to two words, I'd say ‘problem solver.’ She brings the parties together."

 

-Harvey Miller
Vice Chairman and Managing Director
Greenhill & Co. LLC

2014-08-11T13:20:44+00:00
“Deborah is an executive’s executive. She leads with sensitivity and intelligence and has a knack for foreseeing the endgame while most of us are still absorbing the details. If I had to boil it down to two words, I’d say ‘problem solver.’ She brings the parties together.”   -Harvey Miller Vice Chairman and Managing Director View Full →

“Deborah recognizes the value of restoring the team’s confidence”

“I was and am impressed by how Deborah manages to get the job done without pointing fingers and victimizing individuals. So many turnarounds seem to focus on assigning blame and punishing the ‘guilty.’ Deborah recognizes the value of restoring the team’s confidence and having them contribute to the future success of the business. When Deborah’s in charge, people emerge with their heads held high.”

 

Jim Bailey
Former Chairman of the Board
United Companies

2014-08-11T13:50:25+00:00
“I was and am impressed by how Deborah manages to get the job done without pointing fingers and victimizing individuals. So many turnarounds seem to focus on assigning blame and punishing the ‘guilty.’ Deborah recognizes the value of restoring the team’s confidence and having them contribute to the future success of the business. When Deborah’s View Full →

“Her ability to understand each constituent’s perspective..”

“Deborah’s greatest strength is her ability to understand each constituent’s perspective and use that knowledge to find a win-win solution for everyone at the table.”

 

Howard Norowitz
Senior V.P. and Workout Officer
Major lending institution

2014-08-11T13:37:15+00:00
“Deborah’s greatest strength is her ability to understand each constituent’s perspective and use that knowledge to find a win-win solution for everyone at the table.”   Howard Norowitz Senior V.P. and Workout Officer Major lending institution

“She gets the job done against unbelievable odds..”

“She gets the job done against unbelievable odds, with honesty and integrity. She kept us all focused on discerning the right thing to do, and moving the parties relentlessly forward together to get it done.”


Coley L Bailey
Former Chairman and CEO
Mississippi Chemical Corporation

2014-08-11T13:42:25+00:00
“She gets the job done against unbelievable odds, with honesty and integrity. She kept us all focused on discerning the right thing to do, and moving the parties relentlessly forward together to get it done.” Coley L Bailey Former Chairman and CEO Mississippi Chemical Corporation

“Deborah Hicks Midanek would have a whole wall filled with platinum records”

“If turnaround professionals received the same recognition as rock stars, Deborah Hicks Midanek would have a whole wall filled with platinum records. ... If anyone in the restructuring world has plenty of experience handling complex cases, it’s Midanek. ... [Her] background is unique in that she also brings investment banking experience to the table.”

 

Nina Novak
Managing Editor
Turnarounds & Workouts

2014-08-11T14:14:14+00:00
“If turnaround professionals received the same recognition as rock stars, Deborah Hicks Midanek would have a whole wall filled with platinum records. … If anyone in the restructuring world has plenty of experience handling complex cases, it’s Midanek. … [Her] background is unique in that she also brings investment banking experience to the table.”   View Full →

“One at a time..”

“I have always found and often said that Deborah moves mountains by reducing them to a collection of molehills and moving them one at a time.”

 

Claude Montgomery
Managing Partner
Salans, New York

2014-08-11T13:28:47+00:00
“I have always found and often said that Deborah moves mountains by reducing them to a collection of molehills and moving them one at a time.”   Claude Montgomery Managing Partner Salans, New York

“She operates with a velvet glove”

“She operates with a velvet glove.”

 

Robert J. Rosenberg
Head of Restructuring Practice
Latham and Watkins
As quoted in Crain’s New York Business

2014-08-11T14:06:19+00:00
“She operates with a velvet glove.”   Robert J. Rosenberg Head of Restructuring Practice Latham and Watkins As quoted in Crain’s New York Business

Our Services

Situational Analysis

Situational Analysis

Whatever the circumstance, the first step in moving toward where you want to go is to complete a detailed analysis of where you are now

Fiduciaries

Fiduciaries

Solon brings the objectivity of an outsider, the attitude of an owner, and the steady hands of experience to every role she accepts.

Strategists

Strategists

Solon helps client define their goals, and builds the road maps required to get there. Solon’s overriding purpose is to help others become all they can be.