Case Studies

Worldwide Solar Equipment Distributor

J.S. Held Acquires GLI Advisors, Strengthening Our Construction Project Support Services in the Western US and Hawaii

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The Situation

The Company was a $20 million, privately held manufacturer and worldwide distributor of Solar and Semiconductor industry equipment and technology based in New Hampshire.

Due to the company’s growth, liquidity pressures, and the transition from an entrepreneurial operation to a more corporate structure, the Company faced mounting losses and a default with its lead lender, which was supported by the EXIM bank due to the Company’s substantial international sales.

How We Advised

Our experts were engaged and immediately stabilized the Company’s business by first repairing the lines of communication with the bank and implementing an operational plan that incorporated manufacturing, sales, cash management, and finance. As a result, the Company’s profit margins increased, productivity throughput was enhanced, and the annual revenue increased to $40 million. This improved profitability and growth allowed our team to execute a $12 million refinancing, which provided the necessary liquidity for the Company to continue its aggressive growth pace under a stable operational and financial environment.

Key Contact

Joe Nappi, CTP 
Senior Managing Director 
Strategic Advisory Practice 
+1 617 600 3602 
[email protected] 

Related Practice Areas

> Operational Performance Improvement 
We leverage extensive experience to serve as a partner to organizations to implement the appropriate operational steps to grow their business and create enterprise value. Our experts have diverse backgrounds and are expert problem solvers. We rapidly assess a situation, develop a holistic solution, and execute efficiently with purpose.

 

> Investor Solutions and Corporate Performance Improvement 
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