J.S. Held Acquires Clark Seif Clark, Strengthening West Coast Capabilities for Environmental Claims, Disputes, and Catastrophe Response
Read MoreThe Company was a machine tool shop serving aerospace and military contractors, located in Pennsylvania.
The Company’s lender foreclosed on its assets, and the bank required assistance in winding down the Company’s business and liquidating its assets to maximize its recovery.
Our experts were engaged to manage the wind-down and liquidation activities, which included the sale of inventory, an auction of inventory and fixed assets, the collection of accounts receivable, and the sale of two buildings. Net recovery to the Bank exceeded its expectations.
Brian F. Gleason, CTP
Senior Managing Director
Strategic Advisory Practice
+1 610 659 8118
[email protected]
> Out-of-Court Wind-downs
We deliver strategic guidance through the wind-down of business operations or underperforming assets, helping preserve value and reputation while avoiding the disruption, cost, and public scrutiny of formal bankruptcy. Our expert financial and operational advisors apply decades of experience providing exit solutions across a wide range of industries and complexities to deliver, and often execute, comprehensive solutions for distressed businesses.
> Turnaround and 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.