April 23, 2018
"In a statement provided to the Post, and in corresponding testimony, Curnutte detailed the process by which he and his staff at Tortola Advisors searched for unusual patterns in Auto Masters’ loan files before they “finally ciphered things out.” The initial discovery of what Curnutte described as intentional misstatements took Tortola about a week after it was first engaged last fall, though investigators from California-based Berkeley Research Group, retained by creditors Capital One and First Tennessee, had already been trying to determine the reason for the collateral inflation for several weeks before that."
September 20, 2017
"A local investment fund will soon reopen three local Ace Hardware stores that were abruptly shut down early this month. Capstan Fund, which was launched six years ago by Steve Curnutte to work on distressed situations, has taken over the Ace locations in Donelson, Springfield and White House, having renegotiated with the properties’ landlords..."
September 14, 2017
"A Nashville-based subcontractor for the company helping Google Fiber with the build out of its high-speed internet service has filed for Chapter 11 bankruptcy, claiming changes in the telecommunications industry and the “slow rollout of Google Fiber” contributed to growing debts."
March 11, 2016
"Tortola Advisors provides special advisory services, restructuring help, strategic planning and general advisory services to a broad spectrum of debtors, creditors, investors and lenders."
January 28, 2016
"OakPoint Real Estate today announced its purchase of the Cool Springs Life Sciences Center property for $22 million."
November 13, 2015
"Steve Curnutte is the founder of Tortola Advisors and the Capstan Fund, two companies that help rebuild and revitalize struggling businesses."
Curnutte combines financial savvy and hands-on operational knowledge with a keen eye for the big picture- a fellow local entrepreneur calls him “an instant MBA in a bottle.”
March 13, 2015
"Most successful business people are voracious readers, continually seeking more information that can make then and their ventures more successful. We reached out to a handful of leaders to find out what they've been devouring of late."
October 8, 2014
Every year, many retailers find themselves in enough distress that restructuring advisors are brought in to try to salvage the business. With all of the distressed retailers that have come and gone, can anything be learned regarding mistakes to avoid or successful strategies to emulate?
August 22, 2014
This week, 51 Nashville-area companies were named to the Inc. 5000 list of fastest-growing companies in the country. We reached out to several companies to find out some of their strategies that make them so successful.
August 20th, 2014
More than 50 Nashville-area companies gained entry into this year’s Inc. 5000 list , a nationwide listing of the nation’s fastest-growing private companies.
July 22, 2014
A Nashville trucking company founded in 1976 has expanded its offerings by acquiring another local venture that specializes in moving frozen foods around the region.
June 19, 2014
It’s been a frequent comment among bankers I’ve spoken to: Even though Nashville’s economy is performing better than other parts of the country, loan demand is still soft.
September 23, 2013
Civil Constructors, which has had a hand in local projects range from LP Field and the Schermerhorn Symphony Center to State Route 840, has aligned itself with Dunn Investment Co., one of the Southeast’s largest construction companies.
April 23, 2013
Restructuring and turnaround firm Tortola Advisors has moved its offices from Roundabout Plaza in Midtown to downtown’s St. Cloud Corner after law firm Bradley Arant Boult Cummings said it would expand its footprint at the former building.
February 6, 2013
Barely two years after exiting bankruptcy, Allen Printing is beefing up its product range with the acquisition of another venerable player in Nashville’s printing sector. Allen, which is run by the Heffington family, recently bought Nashville Bindery Co.
February 3, 2013
If you take a look at Steve Curnutte’s LinkedIn page, there appear to be a few twists and turns.
An entrepreneur who launched a music publishing company in college — primarily, he said, as a means to write, perform and travel — Curnutte says his career trajectory evolved into selling high-end mortgages and, eventually, to his current focus, helping turn around, restructure and invest in struggling companies.
August 31, 2012
On firing your most troublesome customers, on learning how to manage during a crisis and why he likes movie soundtracks.
March 25, 2012
Two years ago, Shannon and Paul Heffington faced a daily tsunami of doubt and denial as their printing company hurtled toward eventual bankruptcy. Paul remembers the day when the numbness gave way to raw emotion: He collapsed and cried.
October 8, 2011
Turnaround consulting and management firm Tortola Partners has added to its roster several forensic accounting specialists and a locally based industry veteran who led the restructuring work of several national retail chains.
November 4, 2010
Allen Printing Co., which filed for protection from its creditors in June facing a high debt load and low cash levels, is set to emerge from bankruptcy proceedings today with a healthier balance sheet and a new lease on life.
July 28, 2010
NORMAN — Local company ANA Enterprises is closing its two Ace Hardware stores in Norman this summer as it restructures and tries to relieve its debt, officials said.