Mowery & Schoenfeld Expands Turnaround Accounting Services

  August 5, 2025

Lincolnshire, IL — Aug. 5, 2025 — Mowery & Schoenfeld, LLC, a leading accounting, advisory, tax, and IT services firm, has expanded its business turnaround services, designed to help companies navigate and overcome challenging times.

With decades of experience in client advisory, accounting, and outsourced CFO services, Mowery & Schoenfeld is now dedicating more resources to its comprehensive turnaround consulting practice. This expansion allows the firm to offer more targeted solutions for businesses facing difficulties, ensuring they can act swiftly and confidently.

“More and more, businesses need a consultative partner to help them through distressed times,” said Jeffery Mowery, Managing Partner and co-founder of Mowery & Schoenfeld. “In today’s environment, businesses must act quickly and decisively, and it can be hard to know the best way forward. That’s why we’ve grown our services to fill this crucial need in the market.”

Led by Client Advisory Partner Matt Schoenholtz, Mowery & Schoenfeld’s turnaround accounting services are tailored to each client, providing actionable strategies, ongoing support, and financial clarity.

“We see ourselves as our clients’ biggest advocate and are committed to doing everything we can to help their businesses succeed,” Schoenholtz said. “But we also strive to give objective, straightforward advice, so clients have a clear understanding and can make informed decisions. And if the time comes that they need to consider selling or closing the business, we have the experience and resources to guide them through every step of the process.”

Mowery & Schoenfeld has developed and refined its four-step turnaround consulting process to assess, plan, implement, and optimize, while providing personalized service to each client and developing a long-term partnership for whatever comes next.

To learn more about Mowery & Schoenfeld’s turnaround accounting services, visit msllc.com/services/outsourced-accounting/turnaround-accounting.

About Mowery & Schoenfeld

Mowery & Schoenfeld, LLC is an accounting, advisory, tax, and IT services firm headquartered in Lincolnshire, Illinois, with satellite offices in Lake Forest, the Chicago Loop, downtown Miami, and the Philippines. Made up of more than 20 partners and 200+ total employees, Mowery & Schoenfeld ranks among the top 10 firms in Illinois and is consistently named one of the 25 Largest Accounting Firms in Chicago by Crain’s Chicago Business. Our organization is focused on providing personalized service to each client while building lasting and trusted relationships.

We take culture seriously by offering a supportive environment focused on growth. Through our M&S Cares program, we prioritize giving back and provide opportunities for our team to support our larger community. Mowery & Schoenfeld offers comprehensive tax, assurance, transaction advisory, outsourced accounting, wealth management, international tax services, business advisory, and investment banking, as well as technology services through our subsidiary, Xamin, Inc.

CONTACT

Maggie Tomasek
Director of Marketing
Mowery & Schoenfeld, LLC
312-715-3911
mtomasek@msllc.com