Alan Quasha and Restructuring Businesses

Alan Quasha’s First Venture Into the World of Restructuring

Alan Quasha first got involved with restructuring businesses 30 years ago, in 1979, at the age of 29. Through a joint program of Harvard Law School and Harvard Business School Quasha was able to pursue and obtain his M.B.A. and law degree simultaneously. After graduating, he began to practice law and enjoyed the firm he was with. But due to his proactive personality and an entrepreneurial urge, Quasha began his own law firm. At this point Alan Quasha accomplished one of the first leveraged buyouts.

He had figured out how to take a company private with essentially no capital. Then came the hard part: after the deal you have to make the company work. He began commuting every week from New York to Ohio, and was often snowed in at the little motel where he stayed when he there. Quasha looks back at the experience as interesting and highly educational, learning a lot about how to change even very traditional businesses into more efficient and competitive companies, even under incredibly difficult circumstances.