Identifying Private Equity Investment Strategies

In the world of private equity, various strategies are employed by firms to unlock value within their investments. One such approach involves acquiring companies that are financially distressed, with a strategic aim of restructuring and improving operational efficiency to enhance their market position and profitability. This process often requires significant expertise in managing turnaround scenarios and a detailed understanding of the financials involved.

Which of the following terms best describes this type of private equity investment strategy?