Transform the most complex business situation for a successful transaction.
We have extensive experience helping companies in distressed situations, including complex capital structures or other special situations. Through our strategic affiliation with Harney Partners, we leverage extensive expertise in turnaround and restructuring to deliver unparalleled results, both in and out of court. This includes the following:
Distressed M&A and Capital Raising: We manage distressed mergers, acquisitions, and capital-raising transactions, ensuring our clients achieve the best possible outcomes even under challenging circumstances. We excel in structuring and executing sales of distressed assets to maximize recoveries for investors and creditors.
Balance Sheet Restructuring: Our team provides expert guidance on restructuring capital structures to align with the company’s operational capabilities and future goals.
Strategic Alternatives and Contingency Planning: We offer comprehensive reviews of strategic alternatives and develop contingency plans to ensure the best outcomes for our clients. We evaluate various considerations, including strategic alternatives, market conditions, liquidity needs, and regulatory challenges. We aim to identify the most efficient and effective transaction solutions to achieve the best risk-adjusted recoveries and returns.
Creditor and Creditor Committee Advisory: Our professionals advise creditors and creditor committees, helping them navigate complex negotiations and restructuring processes.
Board and Special Committee Advisory: We deliver objective, market-driven advice to Boards and Special Committees, ensuring well-informed decision-making in special situations.
Advanced Financial Insights: We have extensive experience with a wide range of solutions, including modifications of existing credit agreements, debt-for-equity exchanges, milestone-targeted sales, Section §363 of the U.S. Bankruptcy Code, UCC-9 sales, and sales executed under an Assignment for the Benefit of Creditors.
Liquidity Solutions: We rapidly identify capital sources to address liquidity needs and keep businesses operating while preserving enterprise value. Through our established relationships with institutional capital sources, we offer a wide range of rescue financing and distress investment solutions.
Featured Transaction
Transaction:
Arandell Corporation
Arandell is a 100-year-old commercial catalog printer, the third largest in the U.S., with revenues exceeding $80MM and pre-petition loan and lease obligations of $50MM. They had setbacks related to an acquisition of a second production facility, which hurt profitability and saddled the balance sheet with unsustainable debt levels. The company was in default of its senior loan borrowing base and financial covenants.