Case Studies
J.S. Held Acquires Clark Seif Clark, Strengthening West Coast Capabilities for Environmental Claims, Disputes, and Catastrophe Response
Read MoreThe client was a $150 million privately held Retail Drug Store Chain operating 22 stores in Florida.
The Company suffered from intense competition, declining margins, excess inventory, a management group that had experienced high turnover, and an ownership group that was not involved with the day-to-day operations of the business.
Our experts determined that the client’s best course of action was to sell the Company in order to maximize the return to creditors and to minimize the client’s personal exposure to liabilities. We successfully sold the 22-store chain in a series of transactions that provided sufficient liquidity to repay the senior lender in full and relieved the owner of all contingent liabilities.
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.