Our team achieved a 100% recovery for a senior secured creditor after its borrower, a 15-year-old tree trimming company, faced insolvency when a key customer, comprising 70% of its revenues, went bankrupt. The equipment-intensive, leveraged business immediately became non-compliant with its loan covenants and failed to pivot operations to generate cash through equipment sales or leases.
Concerned about the company’s viability, the senior secured lender recommended hiring a financial advisor and introduced our team. We quickly evaluated the company’s operations and assets to design and implement a recovery plan. Our key actions included:
Our Solutions
David Stapleton
Senior Managing Director
Strategic Advisory Practice
+1 213 235 0601
[email protected]
> Bankruptcy Advisory / Alternatives to Bankruptcy
When considering alternatives such as bankruptcy, you need a team with decades of experience helping leaders sitting in your exact seat to yield the best outcome for lenders, creditors, shareholders, and employees. Choosing the best path to resolve a company’s unique challenges requires detailed analyses, collaborative communication, and a complete understanding of the client’s goals and objectives.
> Turnaround & Restructuring Services
Navigating the many challenges confronting a company in transition requires an operationally focused approach that looks beyond the balance sheet to minimize further degradation and build a path to sustainable growth. Drawing upon decades of experience in the turnaround space, we help companies in transition identify practical strategies to improve profitability and liquidity for immediate relief, while concurrently developing and executing a comprehensive turnaround plan for long-term, sustainable value creation.