Good companies.
Bad circumstances.
We believe some of the greatest investment opportunities exist in companies facing their most difficult circumstances.
Extraordinary distress. Extraordinary possibility.
Lazarus focuses on businesses that have lost 90–97% of their equity value. At these levels, even a partial recovery can be meaningful.
A company down 97% would increase approximately 33 times in equity value if it returned to its former valuation.
Illustrative valuation mathematics, not a forecast or an investor return. Recovery may never occur; dilution, financing, debt and transaction terms affect actual outcomes.
We invest in a program, not a replacement management team.
We work with existing investors and existing management. Our role is to help management deploy a new workforce-wide transformation program alongside the recovery strategy already in place.
Having seen this approach deployed in more than 20 companies, we've observed some of its most dramatic results in businesses facing the greatest challenges, including where conventional transformation efforts struggled.
The intervention is powered by Language Vector Mapping (LVM), a new technology-based approach designed to shift communication and thinking patterns across groups of employees.
How we work with investors →We believe that helping a good company recover can also create an extraordinary investment opportunity.
Proving a different path to recovery.
Lazarus is being developed to bring investors together around a thesis: workforce-wide Language Vector Mapping may help unlock recovery in highly distressed companies. Beyond financial returns, we aim to build evidence through real deployments and establish lasting relationships with investors who share this belief.
Explore the proposed strategy →Case studies
Case studies available by introduction.
Our transformation experience is shared privately with prospective investment partners, business owners, and management teams.
Request an introduction →
Israel Beck
Israel brings 15 years of turnaround experience, with a focus on rapid EBITDA enhancement through a private-equity lens. He has participated in and led more than 40 business transformation programs, formerly as a strategy consultant at KPMG and PwC, and now with his own company Cratic AI, owner of the LVM technology.
He is the creator of Language Vector Mapping (LVM), the workforce intervention at the center of Lazarus's recovery approach.
Connect with Israel Beck →