Case Studies
J.S. Held Acquires GLI Advisors, Strengthening Our Construction Project Support Services in the Western US and Hawaii
Read MoreJ.S. Held was retained as a financial advisor by a $35M, vertically integrated, family-owned winery to advise on operational efficiencies and financial restructuring. The company’s cash flow was severely strained due to ongoing price reductions resulting from an industry-wide pullback in U.S. wine consumption. Its lender froze its line of credit due to an over-advance, leading to a liquidity crisis. With roots dating back nearly 100 years, the company’s operations include more than 2.5K acres of vineyards and the capacity to bottle over 20M bottles annually.
Our team built a comprehensive 13-week cash-flow model and associated rolling borrowing base calculation to determine actions to “right-size” the borrowing base. Management used our projections to negotiate with its lender to reactivate its revolving line of credit. Once the company achieved stabilization, our team designed and facilitated financial and operating restructuring tactics to strengthen operations and cash flow, including:
We are currently advising the company on restructuring its debt to better align with its size, growth trajectory, and projected capital needs. This engagement is ongoing.
David Stapleton, CPA, CLPF
Senior Managing Director
Strategic Advisory Practice
+1 213 235 0601
[email protected]
Mike Bergthold, CTP
Senior Managing Director
Strategic Advisory Practice
+1 213 404 0113
[email protected]
Stephen Potts, MBA, CIRA
Director
Strategic Advisory Practice
+1 617 701 9003
[email protected]
> Debt Restructuring Services
When a company is in financial distress, our Strategic Advisory experts design and implement debt restructuring and refinancing strategies tailored to the company’s unique circumstances. We help middle-market businesses stabilize operations, improve liquidity, and optimize their capital structures.
> Business / Operational Assessment
Most consulting firms approach a business assessment from a purely financial perspective — our assessments provide a 360° view of a business, addressing growth drivers, profitability, and uses of capital. Along with detailed financial performance reviews and cash flow forecasting, our comprehensive Business / Operational Assessment identifies the various challenges clients encounter throughout their operations. This allows our experts to collaborate with clients to develop new strategies and execute initiatives to help ensure success.