J.S. Held Acquires Shechter & Everett to Expand Forensic Accounting Capabilities for Family Law Disputes in Florida
Read MoreThe client was a privately held $20 million Aviation Parts Distributor and Airplane Engine Maintenance manager based in Pennsylvania.
The Company’s credit facility was about to expire in a post-9/11 lending market inhospitable to aviation exposure. Due to industry exposure concerns and the Company’s relative risk, its lender sold the loan in the secondary market at a discount. As a result, the new lender was motivated to force a rapid repayment to maximize its return. The Company was in a very difficult situation due to personal guarantees that had been signed by several of the owners.
Our experts developed and implemented a strategy to have a vendor, whose fortunes were closely tied to the Company’s, guarantee the repayment of the loan based on certain business-level requirements. This provided comfort to the lender, stopped action against the guarantors, and allowed the Company to implement a revised business plan.
> 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.
> Strategic Advisory
From strategy to execution, we help clients overcome complex enterprise challenges and realize long-term, sustainable business value. The solutions we deliver are derived from a combination of technical, scientific, financial, and strategic expertise and unrivaled understanding of both tangible and intangible assets.
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